Skanska sells Nowy Rynek E in Poznań for over €79 million

11
Jun
2024
News - Skanska sells Nowy Rynek E in Poznań for over €79 million #Eastnine #investment #office #Poland #Poznań #Skanska

by Property Forum | Investment

Skanska has sold the Nowy Rynek E office building constructed in the Wilda district of Poznań, Poland. The buyer is Eastnine AB, a Swedish real estate company focused on office premises in prime locations at selected markets in the Baltics and Poland. This is the second transaction between these two parties in Central and Eastern Europe. 


Building E is part of a complex that will ultimately offer a total of around 100,000 sqm of office space, which is equivalent to the size of 14 football pitches. It will consist of five buildings connected by a full of trees internal patio. Nowy Rynek is located just next to Poznań Główny railway station and at the intersection of major transportation lines. Thanks to the tram and bus stops as well as a network of cycle paths, commuting to work is not only easy but also has a lower carbon footprint.

Nowy Rynek E offers 28,800 sqm of office space. Its façade has been designed to allow as much natural light as possible, while at the same time protecting against adverse weather conditions and improving the building's energy efficiency. This solution complements several others used in the building, which have been designed in accordance with ESG principles.

"After the recent transaction involving Studio B, this is yet another proof that we are witnessing a positive change in the real estate investment market. By focusing on the needs of tenants and providing spaces that enhance productivity and well-being, we ensure strong demand for our properties even in challenging market conditions", says Adrian Karczewicz, Head of Divestments at Skanska’s commercial development business unit in CEE. "Our properties are designed to secure long-term value for tenants and investors and to support them in achieving sustainable development as well as financial goals", adds Adrian Karczewicz.

"Acquisition of Nowy Rynek E is a natural step for our further expansion in the vibrant Poznań market. By adding building E to our existing building D in the Nowy Rynek campus, we will be able to become a leading long-term provider of sustainable and high-quality venues, where creative ideas can flourish, people can meet and business can grow", says Kestutis Sasnauskas, CEO of Eastnine AB.

"Nowy Rynek is a very special place and already a landmark on the business map of Poznań. We have created a thoughtful concept alluding to the city’s numerous markets and squares and got an excellent reception from city residents. Building E is a symbol of this complex and also a great commercial success. Thanks to the highest quality office spaces and great exposure, it is almost 90% leased by top global and Polish brands. It is not only a workplace for around 10,000 employees, but also a city-forming project, mixing the history with innovative, sustainable solutions. We are extremely pleased and proud that we’ve managed to bring this quarter back for Poznan and its citizens", says Paweł Warda, EVP Operations Poland at Skanska’s commercial development business unit in CEE. "This is already our second transaction with Eastnine AB in CEE. The previous one also involved the building from our flagship Poznan project. This is the best proof that Skanska’s commitment to high-quality, sustainable developments ensures our assets remain attractive", adds Paweł Warda.

Nowy Rynek E uses technologies that reduce potable water consumption by up to 64%. The building's infrastructure also allows for the collection of rainwater and grey water, which is water that has been used once and can be reused, for example, to flush toilets. The building uses over 30% less energy thanks to solutions such as innovative LED lighting. More than a quarter of the materials used in the construction of the office building contained recycled content. These include concrete, steel, aluminium, glass, and insulation. 

Tenants benefit from a ventilation system with high-end filters providing as much as 30% more fresh air. With the proper facade of the building, the rooms get the maximum amount of natural light, and the whole structure is less exposed to external factors, thus enabling more rational energy management.

A specific feature of the Nowy Rynek office complex is the inner patio featuring plenty of greenery, accessible to everyone. There is a fountain in its southeastern part and pergolas in the corners. Near one of them, graduation towers have been erected. The spatial development of the square is complemented by street furniture highlighted by garden lamps, as well as equipment for the youngest users to play.




Latest news


New leases

  • Golden Star Estate has secured a long-term lease agreement with global technology solutions and consulting provider C&F for nearly 1,900 sqm of office space at the Konstruktorska Business Center. Following the transaction, the property, located in Warsaw’s Mokotów business district, is now almost fully leased. The Polish branch of C&F will officially relocate to the facility at the beginning of 2027.
  • Natland Group has committed to its long-term presence at Prague-based Rohan Business Center through a lease extension covering 2,004 sqm of office space, together with storage facilities and dedicated parking spaces, in a deal brokered by iO Partners.
  • Yareal Polska has expanded the commercial offering at its flagship SOHO mixed-use development in Warsaw’s Praga-Południe district, securing three new lease agreements totaling nearly 500 sqm of ground-floor retail space. The developer has strengthened its tenant roster by signing pet supplies retailer Maxi Zoo, ceramics workshop Alike Pottery Studio, and coffee distributor Unroasted.

New appointments

  • Indotek Group has announced the appointment of Diederik Bakker as Group Chief Investment Officer and Group Head of Asset Management. In his new role, the Dutch real estate investment professional will gradually assume responsibility for the company's ITAM (investment, transaction, and asset management) activities across 12 European countries, supporting the next phase of Indotek Group’s growth. His focus includes facilitating sound investment decisions across Europe and developing a group-level portfolio management strategy that combines local market knowledge with international asset management know-how.
  • Peakside Capital Advisors has appointed Bogi Gabrovic to advise the board and support its investment and acquisition activities in Poland. Gabrovic brings more than 25 years of CEE real estate experience to the role, having previously held senior executive positions at CTP, Golub & Company, and White Star Real Estate, where she managed transactions exceeding €2 billion.
  • Katarína Brydone, Jana Vlková and Vendula Maršová have been appointed as the first Equity Partners of Colliers’ Czech business. Brydone brings more than 20 years of experience in international real estate. Vlková has more than 25 years of experience in commercial real estate. Maršová, Partner and Head of Valuation and Advisory Services, brings more than 16 years of experience in real estate valuation and advisory.


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