The pandemic has affected all economic sectors, and the real estate market is no exception. However, Skanska Romania ended the first year of the pandemic with the sale of two buildings in the Campus 6 project in Bucharest for €97 million, one of the largest transactions on the market. Aurelia Luca, EVP Operations Hungary and Romania at Skanska talked to Property Forum about the company's operations in Romania.

Skanska’s has commenced construction on its new project in Prague’s Holešovice district. Based on an architectural design by the DAM.architekti studio, Port7 will include 3 new administrative buildings, which upon planned completion in the second quarter of 2023 will offer 35,000 sqm of office and retail space.

Skanska invests €45 million in the second phase of the Equilibrium project in Bucharest, the company announced.

Skanska has signed a lease agreement with Polish e-commerce platform Allegro for about 26,000 sqm of office space and 177 parking lots in the third office building in the Nowy Rynek mixed-use project in Poznań, Poland. The tenant will move in in Q2 2021. With this lease, the building is now 87% occupied.

Skanska has sold the Parkview office building in Prague to Deka Immobilien for €77 million. This is the second transaction between both parties in the last twelve months, which follows the acquisition of Generation Park Z in Warsaw last year.

S Immo AG has purchased two properties of the Campus 6 business park in Bucharest from developer Skanska with a total investment volume of €97 million. The two buildings have a total leasable area of nearly 38,000 square metres and both are fully let. Key tenants are Microsoft and Société Générale.

Skanska has sold the second building from the Spark office complex in Warsaw to Stena Fastigheter AB, one of Sweden's largest private real estate companies and part of the privately owned Stena Group.

CBRE was appointed by developer Skanska to provide property management services for the Campus 6.2 and Campus 6.3 office buildings, located in the central-western area of Bucharest. The two projects total 38,000 sqm, increasing the portfolio managed by CBRE in Romania to approximately 840,000 sqm of office space and shopping centres.

Skanska invests about €65 million in the first phase of the new office complex H2Offices located in Budapest, Hungary. It will offer a total leasable area of about 26,000 square meters and is designed to obtain WELL and LEED certifications.

Skanska plans to build the first climate-neutral office building in the CEE region. The developer is going to use a solution based on structural timber, as wood is a natural resource that will help reduce the carbon footprint. Construction works on the office building located on Radlická Street in Prague are planned to begin in 2023. Skanska has made a global commitment through a climate target of net-zero carbon emissions by 2045, with a 50% reduction by 2030.