Czech-based INVESTIKA real estate fund has purchased the P180 office building in Warsaw together with its joint venture partner BUD Holdings SA from Skanska Commercial Development Europe. The reported transaction value exceeded CZK 2.5 billion. Built in 2022, the fifteen-storey building offers 32,000 sqm of office and retail space in Warsaw’s Mokotów business district just off the Wilanowska metro station. The property is almost fully occupied.
INVESTIKA board member Jaroslav Kysela says the building matches his fund’s criteria for energy-efficient, premium office assets. “The stable rental income from P180 will contribute to ensuring the long-term target yield of 4-6% annually for our investors.”
The building comes with LEED Platinum and WELL Gold Core & Shell certification, but more importantly consumes nearly half the energy compared to reference buildings. Skanska installed a variety of advanced systems for energy management, including a digital lighting interface and a “green leaf” feature that enables employees to monitor and control room temperature and light intensity. Kysela claims it’s also the first building in Central Europe to use low-carbon concrete.
“P180 is clearly our most sustainable property, boasting the highest scores of several international certifications, which is reflected in the building’s low energy consumption and reduced costs for end users,” says Rafał Proczek, Director of INVESTIKA Polska Services.
“The sale of P180 demonstrates that the office real estate market in Warsaw attracts significant real estate investors,” says Mariusz Krzak, Executive Vice President for Poland and the Czech Republic at Skanska Commercial Development Europe. “We are confident that P180 will meet the expectations of both tenants and new owners.”
INVESTIKA and BUD Holdings worked with Polish advisory companies Linklaters, JLL, Savills, and CRIDO on the transaction. INVESTIKA real estate Polish portfolio now stands at 197,000 sqm.
