Skanska has sold the Green2Day building in Wroclaw, Poland, to the real estate fund manager Niam. It is the developer's fifth office project in the city with its sixth - Nowy Targ - currently under construction.
Green2Day was completed in Q4 2017 and offers approximately 18,000 m² of GLA. It is leased to companies such as ULTIMO, Tieto and KPMG. Thanks to Business Link - the largest network of flexible office space in Poland - the building also offers co-working and short-term leasing solutions. Green2Day enjoys excellent access and visibility as Reagan Roundabout. The communal spaces in the new pedestrian footpath along the Odra River.
Katarzyna Zawodna-Bijoch, President and CEO of Skanska's Commercial Development Unit in CEE, commented: "In the last decade, the Central Eastern European market has an increasing interest in office projects. The CEE recipe for solid investment products is simple: prestigious tenants and high quality certified buildings.
Fredrik Jonsson, NIAM CEO, said: "We are pleased to acquire this high-quality office property built by Skanska in an attractive location in Wroclaw. This building will complement our portfolio with strong cash flows and risk-adjusted returns."
The Green2Day project is expected to receive LEED Gold certification. It will also be certified as a "Building without Barriers" for its design and inclusiveness for people with disabilities.
Colliers and Cushman & Wakefield acted as the exclusive agent for Skanska.
