Green Day office building in Wroclaw has officially opened. Preparatory work started in May 2012, construction of the building was launched in July, and in February 2014 Green Day was completed. The entire office space was leased during that time, and five months before construction ended the property was sold to Investec GLL Global Special Opportunities Real Estate Fund, managed by Investec Bank PLC and GLL Real Estate Partners GmbH.
The total GLA of Green Day is 15,930 sqm, of which office space makes up 14,500 sqm. The entire office space has been leased to one tenant – Credit Suisse Center of Excellence. The fit-out of the interiors is currently being finalized.
Green Day is Skanska Property Poland’s third office project in Wroclaw – over the past few years the company has completed Grunwaldzki Center near the Reagan Roundabout (sold to RREEF) and two Green Towers buildings situated at Strzegomska Street (sold to PZU). Construction of the Dominikański office building is also underway in Wroclaw, where total leasing area will be around 40,000 sqm. Deloitte has already signed the first lease.
“Green Day is a great commercial success – we leased the whole office space to Credit Suisse and sold the building to an investment fund five months ahead of its completion,” said Katarzyna Zawodna, President of Skanska Property Poland. “Wroclaw is emerging as an important investment market in the commercial property sector and I believe that Skanska’s projects have played a role in this. We are very pleased because we are interested in Wroclaw with regard to further developments.”