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Skanska Signs Lease for Skyscraper Generation Park Y in Warsaw

Infra News - Published on Wed, 01 Jul 2020

Image Source: Skanska Generation Park Y
Skanska has signed a 10 year lease with the insurance company PZU Group for 47,000 square meters office space and in addition 325 parking lots in the skyscraper office building, phase III of Generation Park in Warsaw, Poland. The tenant will start to take occupancy in the second quarter 2022. With this lease the building is now 98.5 percent occupied. This is the largest office lease agreement in terms of square meters in Skanska's history. Generation Park will comprise of three office buildings with total leasable area of around 87,000 square meters of offices and retail space and in addition several parking lots.

The project is expected to receive LEED Platinum, WELL and Building without Barriers certifications. Generation Park will be Skanska’s largest office development project in Warsaw and include the company’s first office skyscraper in Central and Eastern Europe.

Construction of Generation Park Y, phase III of the complex, started in November 2018. Shell and core completion are expected in the first quarter of 2021. The fit out works for the tenant will commence and be completed in the second quarter of 2022, which is also the date for moving in.

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Posted By : Yogender Pancholi on Wed, 01 Jul 2020
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