Skanska Sells Green Day Office Building in Wrocław
September 29, 2013
Developer Skanska Property Poland has sold its Green Day office building under construction in the southwestern city of Wrocław, Lower Silesia, to Investec GLL Global Special Opportunities Real Estate Fund, a fund managed jointly by Investec Bank PLC and GLL Real Estate Partners GmbH, for 43.4 million euros.
Green Day is Skanska's third office project in Wrocław, following the Green Towers complex and the Grunwaldzki Center. The total leasable area of the A-class building is about 16,000 sq m, with seven stories above ground and two stories underground. The office space available at Green Day is fully leased - by an international company from the financial sector. Construction started in the third quarter of 2012 and the completion of the project is scheduled for the first quarter of 2014.
Property consultants Colliers International represented the buyer and Jones Lang LaSalle represented the developer in the deal.