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Skanska invests EUR 69M, about SEK 700M, in a new office project in Warsaw, Poland

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Skanska is investing EUR 69M (approximately SEK 700M) in the first phase of the Studio office complex in Warsaw, Poland. The complex will comprise two buildings, with the first offering 17,600 square meters of leasable area across 14 stories. Total leasable area for the project is projected at 43,000 square meters. Construction begins in September 2021 and aims for completion in Q3 2023. The project emphasizes sustainability and is expected to achieve multiple certifications for quality and safety.

Positive
  • Investment of EUR 69M indicates strong financial commitment.
  • Project aims for sustainability certifications, enhancing future value.
  • Construction timeline set, with completion expected in Q3 2023.
Negative
  • None.

ÖSTERSUND, Sweden, Aug. 9, 2021 /PRNewswire/ -- Skanska invests EUR 69M, about SEK 700M, in the first phase of Studio, an office complex in Warsaw, Poland. The first building will offer a total leasable area of 17,600 square meters and will be 14 stories high.

The office complex Studio consists of two buildings and will be delivered in two phases. The total project will offer a total leasable area of approximately 43,000 square meters as well as 286 underground parking places for cars and 285 for bicycles. It will be located between Prosta and Łucka Streets, next to two metro stations (Daszyński and ONZ Roundabouts). The project will create a brand new, open space in Warsaw's Wola district, with a large green square as a landmark.

Studio is expected to receive several certifications awarded to futureproof, safe and top-quality office spaces supporting people's health and well-being as well as climate targets; LEED Platinum, WELL Core & Shell, WELL Health & Safety Rating and Building without Barriers.

Construction of the first phase of Studio will start in September 2021 and is scheduled for completion in the third quarter of 2023.

Skanska is one of the leading construction and project development companies in Europe. Outside the Nordics, the company has operations in building construction and civil engineering in Poland, the Czech Republic, Slovakia, Hungary, Romania and the UK. Skanska develops commercial properties in select home markets in Poland, the Czech Republic, Romania and Hungary, while residential development is active in Poland, the Czech Republic and in the UK with the BoKlok concept. In 2020, Skanska had sales of SEK 26 billion and about 10,100 employees in its European operations outside the Nordics.

For further information please contact:
Aleksandra Markiewicz, Corporate Communications Manager, Skanska CDE, tel +48 797 229 147 
Jacob Birkeland, Head of Media Relations & Public Affairs, Skanska AB, tel +46 (0)10-449 31 34 
Direct line for media, tel +46 (0)10 448 88 99  Direct line for media, tel +46 (0)10 448 88 99

This and previous releases can also be found at www.skanska.com.

This information was brought to you by Cision http://news.cision.com

https://news.cision.com/skanska/r/skanska-invests-eur-69m--about-sek-700m--in-a-new-office-project-in-warsaw--poland,c3393338

The following files are available for download:

https://mb.cision.com/Main/95/3393338/1451543.pdf

20210809 PL office project Warsaw

https://news.cision.com/skanska/i/20210809-image-pl-office-complex-studio,c2940339

20210809 image PL office complex Studio

Cision View original content:https://www.prnewswire.com/news-releases/skanska-invests-eur-69m-about-sek-700m-in-a-new-office-project-in-warsaw-poland-301350864.html

SOURCE Skanska

FAQ

What is Skanska investing in Warsaw, Poland?

Skanska is investing EUR 69M in the first phase of the Studio office complex.

What is the total leasable area of the Studio office complex?

The total leasable area of the Studio office complex is projected at approximately 43,000 square meters.

When is the construction for the Studio office complex expected to start?

Construction for the Studio office complex is expected to start in September 2021.

When is the Studio office complex scheduled for completion?

The Studio office complex is scheduled for completion in the third quarter of 2023.

What sustainability certifications is the Studio office complex aiming for?

The Studio office complex aims for LEED Platinum, WELL Core & Shell, WELL Health & Safety Rating, and Building without Barriers certifications.

SKANSKA AB S/ADR

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