Skanska Completes Sale of P180 Office Building in Warsaw for €100 Million
Skanska Completes Sale of P180 Office Building in Warsaw
In a strategic move to enhance its portfolio, Skanska has successfully divested its P180 office building in the heart of Warsaw, Poland. The transaction, valued at €100 million (approximately SEK 1.2 billion), was completed with INVESTIKA Real Estate Fund and its partner, BUD Holdings, marking a notable shift in the commercial real estate landscape in the area.
Key Details of the Transaction
The sale will be recorded by Skanska Commercial Development Europe in the fourth quarter of 2024, with the property transfer occurring immediately. P180 is strategically located in the Mokotów district, renowned for its proximity to vital transport links, including the Wilanowska metro station. This accessibility is key for tenants and enhances the building's appeal, particularly in a bustling city like Warsaw.
Occupying approximately 32,000 square meters, the P180 building boasts near-full occupancy with notable tenants such as Arena Advisory, Ayvens, Maersk, The Stepstone Group, Lingaro Group, and Netcompany. The varied mix of businesses highlights the building's versatility and attractiveness as a prime office destination in the capital.
Commitment to Sustainability
P180 was designed with a strong emphasis on sustainability and tenant well-being. The building has garnered several prestigious certifications, including LEED Core & Shell Platinum and WELL Gold, which demonstrate Skanska's commitment to creating environmentally responsible and comfortable spaces for users. Additionally, it has received the designation