by Ákos Budai | Investment

Skanska has sold Maraton, an office building located in Poznan, Poland, for €62 million. The property has been acquired by a real estate fund managed by Union Investment. It is the second sales transaction between Skanska and Union Investment in the Polish regional markets. The first sale between the two companies was Dominikanski in Wroclaw. Maraton is Skanska's second office project in Poznan following Malta House.


Maraton was commissioned for use in December 2016 and has already been chosen as an office location by many companies, predominantly from the business services sector. Maraton’s tenants include ROCKWOOL, Sii, APS, Bridgestone, Century Link, Duni European Finance Function and REHAU Business Services and Naspers with OLX.
 
The property with a total leasable area of over 26,000 sqm has 6 storeys above ground and two below. It will obtain the LEED Gold certification in the near future. This modern property is equipped with 301 parking spaces, including places exclusively for electric cars. 

During the sales process, Union Investment was advised by Colliers International, and Knight Frank acted as the exclusive agent for Skanska. Legal advisers for the transaction were Hogan Lovells for the purchaser and Dentons for the seller.
 
Following this acquisition, Union Investment now holds 16 properties in Poland across the office, retail and hotel sectors with a total value of some €1.6 billion.