Skanska sells a newly completed green office complex in Warsaw to RREEF (PL)

On December 28, 2012, Skanska Property Poland sold NORDEA HOUSE and Green Corner office complex in the Warsaw Central Business District to two RREEF real estate special funds for €94.6 million.

NORDEA HOUSE-Green Corner %28August 2012%29

The Warsaw complex consists of two buildings: NORDEA HOUSE and Green Corner, and its first tenants have moved in only in December 2012. With a total leasable area of 27,000 m², the complex is located in Warsaw's upcoming business district Wola.

While the scheme already offers excellent access to public transport, its appeal will further increase once the currently built second line of the Warsaw underground is completed, as the complex will be in the direct vicinity of one of the stations. Colliers International was the exclusive agent in the sale.

The scheme is currently 95% leased. One of the biggest lease contracts for over 7,600 m² has been signed with Nordea Group and the first building has recently been renamed to NORDEA HOUSE. Other tenants in NORDEA HOUSE include Grant Thornton and Jones Lang LaSalle Group Services. The second building has been fully leased to one of the Polish central administration authorities. NORDEA HOUSE and Green Corner are managed by Jones Lang LaSalle.

"The fact that NORDEA HOUSE and Green Corner, which had been quick to find tenants, were sold soon after completion once again shows that our sustainable buildings are widely recognized as attractive workplaces and excellent investment opportunities which provide long term value," said Waldemar Olbryk, President of Skanska Property Poland.

The two-building complex has been LEED pre-certified with the highest Platinum rating. Apart from its excellent location in the centre of the Polish capital, the project features sustainable solutions, which minimise its impact on the natural environment and contribute to the scheme's energy efficiency, also ensuring comfortable working conditions. All those features combined with the scheme's high quality make it an investment with excellent future prospects.

Source: Questia PR

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