Skanska sells Dominikański

Skanska has sold its fourth office project in Wrocław – the Dominikański complex to Union Investment, a German-based real estate investment firm. The value of the transaction has not been disclosed. The office complex is currently under construction and is scheduled to be completed in Q4 2015. It will offer 40,000 sqm. The building is already 50 percent pre-leased, with its largest tenant being HP Global Business Center occupying 16,400 sqm. “Seven years ago, Skanska decided that Wroclaw would be the first office market outside Warsaw that the company would invest in. Due to the city’s rapid development, it is currently the location where we have the highest number of projects. In 2014, the city registered the biggest leap in the prestigious Tholons ranking of the best outsourcing locations in the world,” said Mariusz Krzak, Regional Director for Skanska Property Poland. Skanska Property Poland was advised on the transaction by Colliers International consulting agency. Legal consultancy for the developer was provided by Dentons. The buyer was advised by JLL.