Skanska sells Generation Park Y in Warsaw, Poland for € 285 million, or approximately SEK 2.9 billion

STERSUND, Sweden, December 30, 2021 / PRNewswire / – Skanska has sold the third office building of the Generation Park complex to Warsaw, Poland, for 285 million euros, on SEK 2.9 billion. The acquirer is HANSAINVEST Real Assets. The transaction will be registered by Skanska Commercial Development Europe in the fourth quarter of 2021. The transfer of ownership is scheduled for the third quarter of 2022.

Generation Park Y is Skanska’s first office skyscraper in the center and Eastern Europe and an example of the company’s commitment to ESG. The building has a leasable area of ​​47,600 square meters and 100% of its offices are leased for ten years to the main Polish insurance company PZU for its head office. The building, which was completed in the first quarter of 2021, was designed and built according to ESG principles and with respect for environmental and social aspects. It has already received recognitions to prove it in the form of: the LEED Core & Shell Platinum certificate and WELL Health & Safety Rating. Generation Park Y is also applying for WELL Core & Shell and Building without Barriers certification.

The Generation Park complex comprises three office buildings with a total leasable area of ​​approximately 88,000 square meters of office and retail space and multiple parking lots. Generation Park is Skanska’s largest office development project in Warsaw.

CONTACT:

Aleksandra markiewicz, Corporate Communications Manager, Skanska Commercial Development Europe, tel +48 797 229 147

Jacob Birkeland, Head of Media Relations and Public Affairs, Skanska AB, tel +46 (0) 10 449 04 94

Media hotline, tel +46 (0) 10 448 88 99

This version and previous versions are also available at www.skanska.com.

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SOURCE Skanska