Luxemburg-based TPG RE II European Holdings is taking over TriGranitās Polish operations. Controlled by one of the key market players, the TPG fund, has already applied to Polandās anti-monopoly regulator to approve a transaction which would see it take over a substantial portfolio of assets including Bonarka Residential, Bonarka Offices, Bonarka City Center, Energit, PoznaÅ Office Center, Silesia Offices I and Silesia Offices II. The first reports that TPG was in discussions with the Hungarian developer over its Polish activities emerged a few months ago.
