by Property Forum | Investment

Skanska has sold phase I of Nowy Rynek, an office building within a mixed-use project in Poznań, Poland, for €73 million. The buyer is confidential. The transaction will be recorded by Skanska Commercial Development Europe in the fourth quarter 2017. The transfer of the property is scheduled for the second quarter 2019.

The six-story office building will have a total leasable area of around 25,000 square meters and is expected to receive LEED Gold certification. It will also be certified as a “Building without barriers” for its accessible design, inclusive for people with disabilities.
Construction of the first phase started in July 2017 and is scheduled for completion in the second quarter of 2019.
Nowy Rynek is Skanska’s third commercial development in Poznań. The complex will comprise five independent buildings located in the central business district, creating a new quarter in the city of Poznań. Nowy Rynek will encompass offices and retail with a new public square that will host activities available for the local community.