Acquisition of a portfolio of 28 retail properties known as M1 deal

Acquisition of a portfolio of 28 retail properties for around 1.0 billion euro by Chariot Top Group, with Griffin Real Estate acting as the transaction manager, co-investor and co-manager of Chariot BV. Chariot Top Group acquired a portfolio of 28 real estate assets consisting of 9 M1 shopping centers, 12 hypermarkets, 4 power parks, and 3 stand-alone DIY stores. The portfolio has a total GLA of about 704,000 sqm. Upon the closing, Chariot immediately resold 12 assets from the portfolio to EPP.
Name of the deal Acquisition of a portfolio of 28 retail properties known as M1 deal
Information about the transaction project/projects/portfolio Acquisition of a portfolio of 28 retail properties for around 1.0 billion euro by Chariot Top Group, with Griffin Real Estate acting as the transaction manager, co-investor and co-manager of Chariot BV. Chariot Top Group acquired a portfolio of 28 real estate assets consisting of 9 M1 shopping centers, 12 hypermarkets, 4 power parks, and 3 stand-alone DIY stores. The portfolio has a total GLA of about 704,000 sqm. Upon the closing, Chariot immediately resold 12 assets from the portfolio to EPP.
The date of closing the deal 4th January, 2018
Value of the transaction (in EUR) About 1 billion euro
Yield N/A
Seller, plus brief information about the company Funds managed by Ares Management L.P., AXA Investment Managers – Real Assets and Apollo Rida.
Apollo Rida, a pioneer of the Polish real estate market with a total area of over 1 million sqm.; Ares Management, L.P., a publicly traded, leading global alternative asset manager with approximately $106 billion of assets under management as of September 30, 2017 and more than 15 offices in the United States, Europe, Asia and Australia; AXA is one of the leading global real estate asset managers through AXA IM – Real Assets.
Consultancy which advised Seller N/A
Purchaser, plus brief information about the company Chariot Top Group BV, a company incorporated in the Netherlands, where Griffin Real Estate - the largest and most active investment manager in private equity real estate in CEE with assets under management valued at over EUR 5 billion - is a co-investor and co-manager.
Consultancy which advised Purchaser Linklaters
Financing institution N/A
Current occupancy level N/A
Please say why this deal should be considered for the award The M1 deal was the largest deal in the history of Poland's property market as well as one of the largest deals in CEE.
Name of the deal
Acquisition of a portfolio of 28 retail properties known as M1 deal
Information about the transaction project/projects/portfolio
Acquisition of a portfolio of 28 retail properties for around 1.0 billion euro by Chariot Top Group, with Griffin Real Estate acting as the transaction manager, co-investor and co-manager of Chariot BV. Chariot Top Group acquired a portfolio of 28 real estate assets consisting of 9 M1 shopping centers, 12 hypermarkets, 4 power parks, and 3 stand-alone DIY stores. The portfolio has a total GLA of about 704,000 sqm. Upon the closing, Chariot immediately resold 12 assets from the portfolio to EPP.
The date of closing the deal
4th January, 2018
Value of the transaction (in EUR)
About 1 billion euro
Yield
N/A
Seller, plus brief information about the company
Funds managed by Ares Management L.P., AXA Investment Managers – Real Assets and Apollo Rida.
Apollo Rida, a pioneer of the Polish real estate market with a total area of over 1 million sqm.; Ares Management, L.P., a publicly traded, leading global alternative asset manager with approximately $106 billion of assets under management as of September 30, 2017 and more than 15 offices in the United States, Europe, Asia and Australia; AXA is one of the leading global real estate asset managers through AXA IM – Real Assets.
Consultancy which advised Seller
N/A
Purchaser, plus brief information about the company
Chariot Top Group BV, a company incorporated in the Netherlands, where Griffin Real Estate - the largest and most active investment manager in private equity real estate in CEE with assets under management valued at over EUR 5 billion - is a co-investor and co-manager.
Consultancy which advised Purchaser
Linklaters
Financing institution
N/A
Current occupancy level
N/A
Please say why this deal should be considered for the award
The M1 deal was the largest deal in the history of Poland's property market as well as one of the largest deals in CEE.

Main Sponsor