PZU Group leases 47000 sqm in the Skanska office building

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Jul 1, 2020

This is the largest lease agreement in the history of the office market in Poland and the history of the Skanska Group in the world. The PZU Group has leased 47,000 sqm of office, retail, service and warehouse space, as well as 325 parking spaces in Generation Park Y – Skanska’s highest office building in CEE located in Warsaw. With this lease the building is now 98.5 percent occupied. The PZU Group will move to the new office in the second quarter of 2022. This will serve as the company’s new headquarters.

Generation Park Y is a 140-meter building crowning the Skanska office complex currently under construction near Warsaw’s Daszyńskiego Roundabout. Two years from now, the greenest skyscraper in the capital and the highest Skanska office building in the CEE region, will be filled with finance and insurance specialists from the PZU Group.




‘The new headquarters of the PZU Group is an investment in our employees. This is why it’s so important that Generation Park Y meets the highest standards in terms of work conditions, comfort and safety. Equally important are ecological issues and the fact that this is a facility without barriers, fully accessible by people with disabilities. Moving is an opportunity for us to create an employee-friendly space that facilitates their daily work' – says Dorota Maciej, Board Member at PZU Życie responsible for real estate at the PZU Capital Group.


‘Generation Park is our flagship project that reflects Skanska's approach to creating futureproof, healthy and safe working spaces. We will hand over our first high-rise office building in this part of Europe to one of the largest insurance companies in the CEE region. Green building solutions and interiors supporting employee’s well-being were extremely important factors in our discussions with the PZU Group. We have signed a contract with a company that shares our values – and that makes us even more happy’ – says Katarzyna Zawodna-Bijoch, President and CEO of Skanska commercial development business in CEE.


‘We are pleased that the PZU Group has decided to lease the entire Skanska high-rise building located in the heart of Warsaw's business hub. I would like to congratulate and thank everyone involved in the design, construction and business negotiations process because we have all contributed to signing this important contract. I know that the building will serve PZU employees well for many years’ – adds Arkadiusz Rudzki, Executive Vice President of Leasing & Sales at Skanska commercial development business in CEE.



The Generation Park Y tower, which will receive the address of Daszyńskiego Roundabout 4, has 38 storeys and 4 underground floors with 187 parking spots for bicycles and 325 parking spaces for cars, each equipped with sockets for charging electric vehicles. A 330 sqm green wall will be built in the lobby of the building, and thanks to the glazed facade, it will also be possible to admire the interiors from the outside. At a height of 127 meters there will be a green terrace overlooking Warsaw’s city center, which will be a great place for meetings or corporate events.


Generation Park Y is expected to be completed in the first quarter of 2021, and the fit out works for the PZU Group will be completed in the second quarter of 2022, which is also the date of the handover. Along with the completion of the building, the area between the office buildings of the Generation Park complex will undergo a transformation. Carefully arranged green spaces and a tree-lined square will stress the new metropolitan feel of Daszyńskiego Roundabout. A "green concrete" pavement will be created to clean the air from smog and car exhaust fumes.


Generation Park Y is being built in accordance with the guidelines of the most important certificates granted to office spaces. Once the work is completed, the building will apply for the LEED Platinum, Building without Barriers and the extremely demanding WELL Core & Shell certificates.






Skanska is one of the leading development- and construction companies in Europe. Outside the Nordics, the company has operations in building construction and civil engineering in Poland, Czech Republic & Slovakia and the UK. Skanska develops commercial properties in select home markets in Poland, Czech Republic, Romania and Hungary, while residential development is active in Poland, Czech Republic and in the UK with the BoKlok concept. In 2019, Skanska had sales of SEK 33 billion and about 11,700 employees in its European operations outside the Nordics.

Articles authored by Martin Signer

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