Cushman & Wakefield Lands 3 MSF Management Portfolio in Poland
- Oct 18, 2018
The Skanska Group has selected Cushman & Wakefield to manage 12 office buildings in Poland totaling more than 3 million square feet. In addition to nearly 1.9 million square feet in existing office properties, the portfolio includes four planned developments consisting of 1.2 million square feet.
The largest property, High5ive in Krakow, encompasses 395,000 square feet across two buildings. The property’s first phase, which opened in June, is home to a mix of tenants including PwC, Business Link and Ocado Technology. A third and fourth structure are underway, both of which are designed to achieve LEED Platinum certification.
Another of the properties, the first phase of Brama Miasta, is a nearly 300,000-square-foot office tower currently underway in Lodz, Poland’s third-largest city. The first building is scheduled to open in the second quarter of 2019. The development is slated to include approximately 430,000 square feet following the addition of a second tower. The 15-story asset, intended to achieve LEED Gold certification, will include street retail and subterranean parking.
Some of the other buildings and developments include:
- Wave in Gdansk, 266,000 square feet
- Nowy Targ in Wroclaw, 237,000 square feet
- Centrum Poludnie in Wroclaw, 215,000 square feet
- Generation Park in Warsaw, 205,000 square feet
- Silesia Business Park in Katowice, 130,000 square feet
- Nowy Rynek in Poznan, 130,000 square feet
Skanska currently has upwards of 2.1 million square feet under construction across seven cities in Poland.
Images courtesy of Skanska