Dentons has advised Marr Holdings group in the transaction.
Marr Holdings group, a South African investor focusing on real estate and private equity sectors mainly in the UK and Europe, executed the acquisition of shares in Framboos company, a special corporate vehicle controlled by Griffin Real Estate, owning the portfolio of two OBI supermarkets (DIY markets) located in Gdansk and Lódz. This is Marr Holdings group’s first acquisition in Poland, marking the company’s expansion in CEE.
Polish DIY market is the best-developed in CEE in terms of diversity of existing brands and the number of stores. The two OBI supermarkets covered by the transaction are well positioned in the established locations and offer 18,141 sq. m. of total GLA. Buildings were recently refurbished and adjusted to OBI’s specification.
Dentons’ Real Estate team in Warsaw advising the client was led by Bartlomiej Kordeczka (Partner; Picture) and Magdalena Lazewska (Senior Associate) who were supported by Zuzanna Sobon (Associate).
Law Firms: Dentons;
Clients: Marr Holdings;