Maraton Poznan

Union Investment has acquired the Maraton office building, which was completed at the end of 2016, for its open-ended retail real estate fund UniImmo: Deutschland. Skanska Property Poland, an office developer, has thus sold one of the most prestigious office buildings in Poznan, Poland. This is the second sales transaction between Skanska and Union Investment in regional markets in the country following the sale of the Dominikanski office complex in Wroclaw, which is also held in the UniImmo: Deutschland portfolio.

Maraton is a modern office building offering some 26,000 sq m of rental space and a flexible space concept. LEED Gold certification is being sought to document the sustainability of the property. The Maraton is one of the most sought-after new builds in Poznan thanks to its high level of construction quality and location in the central business district. Its tenants predominantly come from the service sector and include ROCKWOOL, IT service provider Sii, APS, Bridgestone, Century Link, Duni European Finance Function, REHAU Business Services and Naspers with its OLX online marketplace.

The Maraton office building extends over eight storeys, two of which are basement levels. It offers 301 parking spaces, some of which can also be used for electric vehicles. The new build is located in Poznan city centre near the old town. It is easily accessible by both private and public transport via major traffic routes.

“Our strategy for Poland involves broad diversification of our real estate portfolio. Poznan is our tenth investment location in the country,” said Martin Schellein, Head of Investment Management Europe at Union Investment Real Estate GmbH. “The Poznan office market has excellent growth prospects, so we are delighted to hold such a high-quality property in a central location.” Following this acquisition, Union Investment now holds 16 properties in Poland across the office, retail and hotel sectors with a total value of some EUR 1.6 billion.
Name of the deal Maraton Poznan
Information about the transaction project/projects/portfolio Union Investment has acquired the Maraton office building, which was completed at the end of 2016, for its open-ended retail real estate fund UniImmo: Deutschland. Skanska Property Poland, an office developer, has thus sold one of the most prestigious office buildings in Poznan, Poland. This is the second sales transaction between Skanska and Union Investment in regional markets in the country following the sale of the Dominikanski office complex in Wroclaw, which is also held in the UniImmo: Deutschland portfolio.

Maraton is a modern office building offering some 26,000 sq m of rental space and a flexible space concept. LEED Gold certification is being sought to document the sustainability of the property. The Maraton is one of the most sought-after new builds in Poznan thanks to its high level of construction quality and location in the central business district. Its tenants predominantly come from the service sector and include ROCKWOOL, IT service provider Sii, APS, Bridgestone, Century Link, Duni European Finance Function, REHAU Business Services and Naspers with its OLX online marketplace.

The Maraton office building extends over eight storeys, two of which are basement levels. It offers 301 parking spaces, some of which can also be used for electric vehicles. The new build is located in Poznan city centre near the old town. It is easily accessible by both private and public transport via major traffic routes.

“Our strategy for Poland involves broad diversification of our real estate portfolio. Poznan is our tenth investment location in the country,” said Martin Schellein, Head of Investment Management Europe at Union Investment Real Estate GmbH. “The Poznan office market has excellent growth prospects, so we are delighted to hold such a high-quality property in a central location.” Following this acquisition, Union Investment now holds 16 properties in Poland across the office, retail and hotel sectors with a total value of some EUR 1.6 billion.
The date of closing the deal 26 June 2017
Value of the transaction (in EUR) 61 mn €
Yield -
Seller, plus brief information about the company Skanska Property Poland, an office developer
Consultancy which advised Seller Knight Frank (commercial), Dentons (legal)
Purchaser, plus brief information about the company Union Investment stands for forward-looking real estate investment worldwide. We provide private and institutional property investors with a comprehensive investment platform. Union Investment currently has assets under management totalling around EUR 33.2 billion in its open-ended retail real estate funds, specialised funds and service and pooling mandates. We invest in the office, retail, hotel, logistics and residential sectors and hold 365 commercial properties across 23 countries in our actively managed portfolio.
Consultancy which advised Purchaser Colliers International (commercial), Hogan Lovells (legal)
Financing institution FUll equity
Current occupancy level 100%
Please say why this deal should be considered for the award The Maraton deal is a prime example for the growing interest of international investors in the Polish regional markets. For Union Investment the location in Poznan is already the 10th investment location in Poland where we are active.
Name of the deal
Maraton Poznan
Information about the transaction project/projects/portfolio
Union Investment has acquired the Maraton office building, which was completed at the end of 2016, for its open-ended retail real estate fund UniImmo: Deutschland. Skanska Property Poland, an office developer, has thus sold one of the most prestigious office buildings in Poznan, Poland. This is the second sales transaction between Skanska and Union Investment in regional markets in the country following the sale of the Dominikanski office complex in Wroclaw, which is also held in the UniImmo: Deutschland portfolio.

Maraton is a modern office building offering some 26,000 sq m of rental space and a flexible space concept. LEED Gold certification is being sought to document the sustainability of the property. The Maraton is one of the most sought-after new builds in Poznan thanks to its high level of construction quality and location in the central business district. Its tenants predominantly come from the service sector and include ROCKWOOL, IT service provider Sii, APS, Bridgestone, Century Link, Duni European Finance Function, REHAU Business Services and Naspers with its OLX online marketplace.

The Maraton office building extends over eight storeys, two of which are basement levels. It offers 301 parking spaces, some of which can also be used for electric vehicles. The new build is located in Poznan city centre near the old town. It is easily accessible by both private and public transport via major traffic routes.

“Our strategy for Poland involves broad diversification of our real estate portfolio. Poznan is our tenth investment location in the country,” said Martin Schellein, Head of Investment Management Europe at Union Investment Real Estate GmbH. “The Poznan office market has excellent growth prospects, so we are delighted to hold such a high-quality property in a central location.” Following this acquisition, Union Investment now holds 16 properties in Poland across the office, retail and hotel sectors with a total value of some EUR 1.6 billion.
The date of closing the deal
26 June 2017
Value of the transaction (in EUR)
61 mn €
Yield
-
Seller, plus brief information about the company
Skanska Property Poland, an office developer
Consultancy which advised Seller
Knight Frank (commercial), Dentons (legal)
Purchaser, plus brief information about the company
Union Investment stands for forward-looking real estate investment worldwide. We provide private and institutional property investors with a comprehensive investment platform. Union Investment currently has assets under management totalling around EUR 33.2 billion in its open-ended retail real estate funds, specialised funds and service and pooling mandates. We invest in the office, retail, hotel, logistics and residential sectors and hold 365 commercial properties across 23 countries in our actively managed portfolio.
Consultancy which advised Purchaser
Colliers International (commercial), Hogan Lovells (legal)
Financing institution
FUll equity
Current occupancy level
100%
Please say why this deal should be considered for the award
The Maraton deal is a prime example for the growing interest of international investors in the Polish regional markets. For Union Investment the location in Poznan is already the 10th investment location in Poland where we are active.

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