Skanska’s Warsaw office development – P180 – has been sold to INVESTIKA Real Estate Fund and its joint-venture partner, BUD Holdings. The P180 office building, located next to the Wilanowska metro station, offers 32,000 sqm of premium office space, fully aligned with the highest environmental and technological standards.
P180 is a Class A office building with 15 floors, whose key advantage is its location. Situated directly at the entrance to the Wilanowska metro station, it offers a quick 9-minute commute to the centre of Warsaw. Thanks to its extensive transport and service infrastructure, the building has become an excellent choice for tenants representing sectors such as IT, technology, and professional services, including Scandinavian firms. Within two years of completion, the building achieved almost 100 percent occupancy, attracting renowned international brands.
During the construction of P180, for the first time in Central and Eastern Europe, low-carbon concrete was used, reducing CO₂ emissions by 42 percent compared to traditional materials. Recycled materials and those sourced locally were also utilized. The interiors feature FSC-certified wood from sustainably managed forests, along with low-emission paints, adhesives, and sealants.
“P180 seamlessly combines advanced technology with sustainable development solutions. By using low-emission materials and modern building management systems, P180 sets new standards in the Warsaw office market. We are pleased that investors have recognized both the quality of the project and our approach to creating office spaces that meet the needs of modern businesses,” said Mariusz Krzak, EVP of Operations in Poland and the Czech Republic at Skanska Commercial Development Europe.
“The sale of P180 demonstrates that Skanska’s developments not only attract tenants but are also highly regarded by investors. This is our latest transaction in Warsaw this year, further confirming the value of our investments in the capital’s real estate market and the strength of our business strategy,” said Adrian Karczewicz, Head of Divestments, Skanska Commercial Development Europe.
“For our investors, we acquired the premium and top sustainable office asset in Warsaw´s sought-after business district. The P180´s stable rental income is going to contribute to the fund´s long-term target investment return between 4 percent and 6 percent per annum for our investors,“ says Rafał Proczek, Director of INVESTIKA Polska Services, that is responsible for the management of Polish part of INVESTIKA Real Estate Fund´s portfolio, adding: “With our long-term active asset & property management strategy in place, we are convinced about asset´s long term increase in market value.“
“Acquisition of the P180 office building is one of our three transactions in Poland this year. We highly value professional cooperation with Skanska on the seller´s side and also with our joint-venture partner, INVESTIKA Investment company. P180 is without doubt one of the best assets available on the Warsaw property market recently,” adds Paolo Panico, Director of BUD Holdings.
P180 has been awarded key certifications confirming its sustainable character – LEED Core & Shell Platinum, WELL Core & Shell Gold, and Building Without Barriers, and is also pursuing the WELL Health-Safety Rating. 100 percent of the building’s electricity consumption is covered by renewable energy, as verified by a Guarantee of Origin declaration.
