Griffin Property Finance II, a debt fund run by Griffin Real Estate, has provided nearly €10m in mezzanine financing for the expansion of Tarnovia Retail center in the town of Tarnów. The investment includes the addition of a five-screen movie theater as a strategic part of the center’s repositioning. Tarnovia offered 17,000 sqm of retail space when it was delivered in 2009. “Some part of the funding will also be used to restructure the center’s previous debts,” said Maciej Tuszyński, Senior Partner & Head of Griffin Property Finance.
