Przemysław Krych, CEO of Griffin Real Estate said he has another portfolio acquistion underway, involving 14 commercial assets, valued at €250m. He said that talks have reached an advanced stage and that Griffin is an exclusive bidder. Griffin plans to spend €200m of its own equity to fuel further acquisitions during 2016, Krych told the website.
Having taken over one listed Polish developer, Echo Investment, Griffin is reportedly in talks to acquire another WSE’s developer, a residential specialist that would enable it to expand on Poland’s built-to-let market.
