International developer Skanska has sold the Studio B offices in Warsaw, Poland, to Stena Real Estate for €86 million.
Studio B, in the Wola District, is a part of the Studio office complex designed by Danish Arrow Architects and also Polish Grupa 5 Architekci. It has 17,600 square meters of sustainable and innovative space.
Fully-leased Studio B
The building was fully leased before getting an occupancy permit to Societe Generale Group, C.H. Robinson, insurance company Unum Życie and Business Link.
The Studio building is located between Rondo ONZ and also Rondo Daszyńskiego metro stations and is surrounded by commercial premises and amenities. It includes places for recreation including publicly accessible squares and rain gardens.
The project, designed and built following ESG principles, is the third transaction between the two parties in Central and Eastern Europe.
Stena Real Estate is a part of the privately owned Swedish Stena Group.
Proof of shift in demand
Katarzyna Zawodna-Bijoch, President & CEO at Skanska’s commercial development business unit in CEE, says, “The transaction of the Studio B project stands as a testimony to the interest in high-quality and sustainable real estate products in fast-paced, vibrant locations.
“This is proof of a positive shift in demand in the investment market. We, as Skanska, are proud to be at the forefront of offering such quality and future-focused developments.
“We are delighted that our long-term trusted relationship with Stena Real Estate AB resulted in yet another successful transaction in Poland. Based on common values and strong commitment towards ESG, our partnership was enriched by a fourth fantastic building.”
Sofia Granlund, MD of Stena Real Estate, says, “We are continuing to grow our portfolio in Poland with a sustainable asset in an absolute prime location. Poland and Warsaw have a strong GDP and attracts tenants from various part of the world with well educated people and strong urbanization why we see it as a dynamic and attractive market to invest in.”
Mariusz Krzak, EVP Operations Poland and also the Czech Republic at Skanska’s commercial development business unit in CEE, says. “Studio B offers best-quality office space, adapted to the various work models and the solutions which support tenants in implementing their ESG policies. Combined with great location and innovations inside the building, we get the product which stand out on the very demanding Warsaw’s real estate market.
“The trust that tenants and investors place in us is the best proof that our strategy to create project, which is user-friendly, functional and supports sustainable development goals is the right one.”
Sustainable solutions
Studio B was built following the requirements of key industry certifications: LEED Platinum, WELL and Building without Barriers.
The building incorporates employee-friendly solutions, including air conditioning based on quiet cooling beams and also adiabatic humidifiers to keep the air clean and fresh.
Studio uses a daylight intensity control system that adjusts the intensity of the interior lighting to the amount of available exterior light. As a part of the investment, an innovative concrete with a reduced carbon footprint was used, the emissivity of which is on average 46% lower than that of concrete with a traditional mixture.
