Skanska invests €48m in first phase of mixed-use project in Poznan, Poland
Skanska invests EUR 48M, about SEK 460M in phase I of Nowy Rynek, a mixed-use project located in Poznan, Poland. The six-story office building will have a total leasable area of around 25,000 square meters, with two underground parking levels.
Nowy Rynek is Skanska’s third commercial development in Poznan. This project is a mixed-use complex with five independent buildings located in the central business district, creating a new quarter in the city of Poznan. Nowy Rynek will encompass offices and retail with a new public square that will host activities available for the local community. The first phase will be an office building, which is expected to receive LEED Gold certification. It will also be certified as a “Building without barriers” for its accessible design, inclusive for people with disabilities.
Construction of the first phase started in July 2017 and is scheduled for completion in the second quarter of 2019.
Skanska is one of the leading developers and construction companies in Europe. Outside the Nordics, the company has its European operations in building construction and civil engineering located in Poland, the Czech Republic, Slovakia and the UK. Skanska develops commercial properties in select local markets in Poland, the Czech Republic, Romania and Hungary, and residential developments in Prague and Warsaw. Skanska also offers services in public private partnerships. In 2016, Skanska had sales of SEK 36 billion and about 16,500 employees in its European operations.