Dentons advises Skanska on disposal of a flagship office building in Wroclaw
Dentons’ Real Estate team has acted as legal counsel to Skanska Property Poland on the preliminary sale of its office building Dominikanski in Wroclaw, Poland, to Union Investment, the Hamburg-based real estate investment manager.
Dominikanski, Skanska’s fourth office investment in Wroclaw, is located in the city centre, in its most prestigious part. Currently under construction, the building will offer ca. 40,000 sqm of modern leasable space and is already half-leased to tenants such as HP Global Business Center, Deloitte and PKO BP. The hand-over of the property is scheduled for the fourth quarter of 2015.
Paweł Dębowski said: “With highly qualified and multilingual staff, city location, transport network and increasing office supply, Wroclaw is one of top outsourcing locations in Poland desired by the business services sector. Skanska’s recent sale of Kapelanka 42 office building in Krakow and now Dominikanski in Wroclaw only further affirm international investors’ growing interest in the Polish regional cities.”