Union Investment has finalised its acquisition of Dominikański office complex in Wrocław from Skanska Property Poland.
The cornerstone for Dominikański was laid in June 2014, and was completed in 2015. The grade-A office provides approx. 40,000m² of leasable space. Its location is well served by public transport and is in the immediate vicinity to the Market Square and Galeria Dominikańska Shopping Centre, providing an array of shops, restaurants and services.
Among the scheme’s tenants are companies such as HP, Deloitte, BNP Paribas and PKO BP. The building was designed in accordance with Skanska’s sustainable building philosophy and creates the ideal working environment and significant energy savings.
Leon Ballard, associate director, office investment at JLL, comments: “The acquisition of Dominikański clearly illustrates the exceptionally strong interest in major office markets outside Warsaw. The establishment of these markets is underpinned by the delivery of modern, high class office schemes, secured with long-term lease agreements to corporate occupiers. Attractive investment product, coupled with strong underlying leasing dynamics, continues to gain the attention of investors in markets such as Wrocław, Kraków and Tri-City, with Łódź, Poznań and Katowice on the horizon for 2016”.
The project won ‘Project of the Year: Best Office Development’ award in the 2015 CEE Investment & Green Building competition.