Skanska divests Generation Park Y in Warsaw, Poland, for EUR 285M, about SEK 2.9 billion
Skanska has divested the third office building of the Generation Park complex in Warsaw, Poland, for EUR 285M, about SEK 2.9 billion. The buyer is HANSAINVEST Real Assets. The transaction will be recorded by Skanska Commercial Development Europe in the fourth quarter of 2021. The transfer of the property is scheduled for the third quarter of 2022.Generation Park Y is Skanska’s first office skyscraper in Central and Eastern Europe and an example of the company’s commitment to ESG. The property has a leasable area of 47,600 square meters, and 100% of its office space is leased for ten years