Confidence in the potential of the Polish market was the key to doubling the scale of operations in 2012.

The slowdown of Poland’s GDP growth rate might imply that most developers in 2012 were doomed to poor results. However, it turns out that this was not necessarily the case and there were companies which did grow dynamically. Skanska Property Poland is a good example. In 2011 the developer had 90,500 sqm under construction in four office projects: Green Towers in Wrocław, Green Horizon in Łódź and Green Corner and Atrium 1 in Warsaw, a total of six buildings. A year later, in 2012 there was nearly 150,000 sqm of office space under construction, which translates into a 65% increase compared to the previous year. Skanska had seven projects under development in 2012 – apart from the ones mentioned above, the company also launched Malta House in Poznań, Green Day in Wrocław and Kapelanka 42 in Cracow.

„2012 was very good for us. We completed office buildings in three new projects and additionally, we sold two leased office schemes practically at the time when their construction was drawing to an end. The scale of our operations significantly increased compared to 2011 and we are still planning new investments, both in Warsaw and other Polish cities. We have had confidence in the potential of the Polish market for a long time and our success to date confirms there are sound reasons behind this,” says Waldemar Olbryk, President of Skanska Property Poland.  

Skanska Property Poland is known as a developer of green office buildings which stand out due to advanced environmental solutions. The pace of their commercialisation shows that such buildings are sought after by tenants – in 2012 the developer leased a total of 52,550 sqm of office space, an increase by 68% compared to the previous year, when 31,245 sqm of Skanska’s office space found new tenants.

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www.skanska.pl