Griffin Real Estate’s EUR 87 Million Sale Of Retail Portfolio

Linklaters has advised Griffin Real Estate on the deal.

Griffin Real Estate, a leading Polish private equity investment and asset manager, acting through Pruim, sold six retail properties with a total GLA of over 107 thousand sqm to a confidential buyer. The value of the transaction is EUR 87 million.

The six sold retail properties are located throughout Poland in: Szczecin, Rybnik, Slupsk, Gdansk, Nowy Sacz and Lublin. All of the properties are leased to Auchan Poland, a retailer with an established position on the Polish market, based on a 12-year lease extension agreement signed last year.

The transaction was led by Tomasz Trystula (Picture – managing associate) and Adriana Andrzejewska (of counsel) from the Warsaw real estate practice supported by Filip Witaszek (associate).

Involved fees earner: Adriana Andrzejewska – Linklaters; Tomasz Trystula – Linklaters; Filip Witaszek – Linklaters;

Law Firms: Linklaters;

Clients: Griffin Real Estate;

Author: Federica Tiefenthaler