Skanska acquires land in Poznań

Real estate developer Skanska has signed a deal with PKS Poznań SA to  purchase the old bus station located at the cross section of Matyi and Wierzbięcice streets in Poznań, a press release read. The transaction will total PLN 63.5 million. Skanska is planning to develop a modern business project on the plot. "In the next few years, we will build a modern central development which will have predominantly an office function. It will comprise a new quality of office space in the center of Poznan and will fill the now disused space between Art Nouveau Wilda, Dworzec Główny railway station and heart of the city center," said Łukasz Kaleciński, Regional Director at Skanska Property Poland. Skanska has been present in Poznań since 2000. It established its developer activities in 2010 with the launch of the Malta House development, its first office investment in the city. The building was commissioned for use in 2013 and is almost entirely leased. Currently, the developer is beginning its second investment – Maraton office building located on Królowej Jadwigi Street. It completion is scheduled for Q4 2016.