Transactions - JANUARY 5, 2022

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Skanska divests office portfolio in for €128m

by Released

Skanska has divested a portfolio of two office projects in Wroclaw and Krakow, Poland, for €128 million ($145 million). The buyer is Stena Real Estate BV.

The transaction includes the first phase of the Centrum Południe project in Wroclaw, which consists of two joint office buildings, along with the last office building in the High5ive complex in Krakow. The leasable area in the transaction comprises about 28,200 square meters (303,542 square feet) in Centrum Południe, which is 69.5 percent leased, and about 11,200 square meters (120,556 square feet) in High5ive, which is 99 percent leased.

The projects are designed and built in line with ESG principles. Both projects are developed according to the highest standards and are expected to be the first WELL Core & Shell-certified Skanska office buildings in Krakow and Wroclaw. Centrum Południe phase 1 has already received the LEED Platinum and Building without Barriers certificates, and the High5ive building is ex

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