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Skanska to invest EUR 50 mln in latest Generation

Rafał Ostrowski 05 January 2018

Rafał Ostrowski


+48 22 356 25 11

Rafał Ostrowski has over 17 years’ experience as a journalist. Before joining ‘Eurobuild CEE’ five years ago, he wrote for Wydawnictwo Murator and Shopping Centre Magazine, as well as for retailnet.pl. He has also written for many newspapers and magazines as a freelancer and prepared photo-reportages. Rafał graduated from the University of Warsaw in philosophy. He also completed postgraduate studies in text editing. For ‘Eurobuild CEE’ he covers most real estate sectors, including logistics, construction, office, residential and retail. He is also in charge of the film direction for Eurobuild TV.

Skanska to invest EUR 50 mln in latest Generation
The complex will comprise three office buildings with a total leasable area of around 84,000 sqm

POLAND Skanska is to invest EUR 50 mln in the construction of the second stage of the Generation Park office complex, which is being built on Rondo Daszyńskiego in central Warsaw.

The second building, with a total leasable area of around 18,300 sqm, will comprise 16 above ground storeys and two levels of underground parking. The project will also include four underground parking levels in a planned third building. Construction work on the second phase started in December 2017 with Soletanche Polska being responsible for the building of the diaphragm walls. The second stage has been scheduled for completion in Q3 2019.

Generation Park will be Skanska’s largest office development in Central and Eastern Europe. It will comprise three office buildings with a total leasable area of around 84,000 sqm. Construction work on the first, 21,000 sqm stage finished in last November and the building, which is 90 pct leased by Citi Service Center Poland, was sold to Hansainvest Real Assets for EUR 83 mln the following month. The third and tallest building, a 34-storey, 40,000 sqm tower, will reach a height of 140m (180m including the spire).

The project is expected to receive LEED ‘Platinum’ certification as well as a Building without Barriers certificate for accessibility for the disabled.

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