Griffin Premium RE, a REIT-type company listed on the Warsaw Stock Exchange, bought three office properties from Echo Polska Properties for an aggregate purchase price of €160m. The assets include West Gate in Wrocław, Tryton Business House in Gdańsk and A4 Business Park in Katowice. “This acquisition significantly enlarges our portfolio to nearly €700m, and is an important step in our mission to become the leading institutional office investor in Poland,” says Małgorzata Turek, chief executive officer at GPRE. “2017 has been a remarkable year for our company, and we look forward to the acceleration of our strategy in 2018.”
