International construction and development firm Skanska is investing €46 mln in a new office project located in Wroclaw, Poland, dubbed Nowy Targ.
The seven-story building will have a total leasable area of about 22,000 m2, with two levels below ground for parking lots.
Located by a square near the Old Town in Wroclaw, the project is expected to qualify for LEED Platinum and the 'Building without barriers' certification.
Nowy Targ is Skanska’s sixth office development project in Wroclaw.
Construction is due to start in June 2017, and is scheduled for completion in the second quarter of 2019.
Beyond the Nordics, Skanska is currently developing commercial properties in select local markets in Poland, the Czech Republic, Romania and Hungary, and residential developments in Prague and Warsaw.
In 2016, Skanska had sales of SEK 36 bn (€3.7 bn) and about 16,500 employees in its European operations.
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28-29 June 2017
CEE Summit 2017: Investing in New Europe – cities, sectors, development and capital markets
Sofitel Warsaw Victoria Hotel, Królewska 11, Warsaw, Poland
12:00 - 18:00
The CEE Summit, now in its 4th year, is a major event in the Central & Eastern European calendar, bringing together global investors and senior property figures with local CEE market leaders to exchange knowledge, ideas and inspiration. Covering key topics in the wider real estate sector, including the investment climate, the event serves as a platform to summarize H1 and look ahead to H2 2017 and beyond. Combining the local strength of Poland Today with the European and global reach of PropertyEU, under the patronage of The Royal Institute of Chartered Surveyors (RICS), attending the CEE Summit is an ideal way to stay on top of this region.
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