Mar 23, 2020   SOURCE: PR NewsWire

Skanska Sells Office Building in Warsaw, Poland, for EUR 98 M, About SEK 1.0 Billion

ÖSTERSUND, Sweden, March 23, 2020 /PRNewswire/ -- Skanska has sold the office building Generation Park Z in Warsaw, Poland, to Deka Immobilien, one of Europe's leading real estate investment managers, for EUR 98 M, about SEK 1.0 billion. The transaction will be recorded by Skanska Commercial Development Europe in the first quarter 2020. The transfer of the property is scheduled for the second quarter 2020.

Generation Park Z is a part of a three-building office complex. It is located in the fast-growing Warsaw City Center West. Generation Park Z consists of approximately 19,000 square meters and is fully leased to Vistra and Crido among others.

The building was completed in the third quarter 2019 and have already achieved LEED Platinum precertification and is applying for WELL Core & Shell certification.

Skanska is one of the leading development and construction companies in Europe. Outside the Nordics, the company has operations in building construction and civil engineering in Poland, Czech Republic & Slovakia and the UK. Skanska develops commercial properties in selected home markets in Poland, Czech Republic, Romania and Hungary, while residential development is active in Poland, Czech Republic and in the UK with the BoKlok concept. In 2019, Skanska had sales of SEK 33 billion and about 11,700 employees in its European operations outside the Nordics.

For further information please contact:
Aleksandra Markiewicz
Communications Manager
Skanska CDE
tel +48-797-229-147

Andreas Joons
Press Officer
Skanska AB
tel +46 (0)10-449-04-94

Direct line for media, tel +46 (0)10-448-88-99

This and previous releases can also be found at www.skanska.com.

This information was brought to you by Cision http://news.cision.com

https://news.cision.com/skanska/r/skanska-sells-office-building-in-warsaw--poland--for-eur-98-m--about-sek-1-0-billion,c3065643

The following files are available for download:


     
     https://mb.cision.com/Main/95/3065643/1215646.pdf                                      20200303 PL divestment
                                                                                                Generation Park Z


        https://news.cision.com/skanska/i/image-20200323-skanska-generation-park-z-photo-rafa- Image 20200323 Skanska
         tomczyk-1,c2764629                                                                     Generation Park Z photo
                                                                                                Rafa Tomczyk 1


        https://news.cision.com/skanska/i/image-20200323-skanska-generation-park-z-photo-rafa- Image 20200323 Skanska
         tomczyk-2,c2764631                                                                     Generation Park Z photo
                                                                                                Rafa Tomczyk 2


        https://news.cision.com/skanska/i/image-20200323-skanska-generation-park-z-photo-rafa- Image 20200323 Skanska
         tomczyk-3,c2764630                                                                     Generation Park Z photo
                                                                                                Rafa Tomczyk 3

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SOURCE Skanska