Skanska sells office building in Lodz, Poland, for EUR 52M, about SEK 510M
Skanska has sold the office building Nowa Fabryczna in Lodz, Poland, to the real estate fund manager Niam for EUR 52M, about SEK 510M. The transaction will be recorded by Skanska Commercial Development Europe in the first quarter 2018, with the transfer of the property scheduled for the third quarter 2018.
Nowa Fabryczna is located in the New City Center in Lodz, which will combine business, commerce, residential and transport functions. It offers over 22,600 square meters leasable area and is leased to tenants such as Fujitsu, Whirlpool, Cybercom and McCormick. It is located opposite the recently completed state-of-the-art Lodz Fabryczna train station.
The project received LEED Gold certification (Leadership in Energy & Environmental Design). It will also be certified as a "Building without barriers" for its accessible design and inclusiveness for people with disabilities.
Skanska is one of the leading development and construction companies in Europe. Outside the Nordics the company has European operations in building construction and civil engineering in Poland, Czech Republic & Slovakia and UK. Skanska develops commercial properties in select home markets in Poland, Czech Republic, Romania and Hungary, while the residential development is active in Prague and Warsaw. Skanska also offers services in public private partnerships. In 2017, Skanska had sales of SEK 37 billion and about 16,000 employees in its European operations.