Dentons Warsaw has advised construction and property group Skanska on the EUR 52 million sale of the Nowa Fabryczna office building in Lodz, Poland to fund manager Niam. The buyer was assisted by Linklaters.
Nowa Fabryczna is the developer’s second office project in the city, and the seventh Skanska property Niam has acquired in the Polish regional markets since 2015.
The seven-storey Nowa Fabryczna office building, which opened in October 2017, offers over 21,500 square meters of gross leasable area and 210 parking spaces. Dentons reports that it is expected to receive LEED Gold certification and to be certified as a “Building without Barriers” for its accessible design and inclusiveness for people with disabilities.
The Dentons team was led by Partner Bartlomiej Kordeczka and included Senior Associate Martyna Racz-Suchocka.