Name of company
Griffin Real Estate
Name of President or Managing Director for the region
Maciej Dyjas, Nebil Senman – Managing Partners
President or Managing Director for the region profile
N/A
Regions active in (in which countries the company operates)
Poland
Portfolio of all properties currently held by your company
Eight investment platforms: Echo Investment, EPP, Resi4Rent, Student Depot, Polcom, Griffin Property Finance, Chariot Top Group B.V., European Logistics Investment
Office projects included in the portfolio
Office projects developed by Echo Investment – one of Griffin’s investment platforms (512,369 sqm completed office spaces)
Office projects developed by EPP – one of Griffin’s investment platforms (total GLA 137,000 sqm)
The value of office properties held by investor (in EUR)
Echo Investment - ca. EUR 420m; EPP – ca. EUR 266m
Retail projects included in the portfolio
Retail assets included in Chariot Top Group B.V portfolio that Griffin co-manages;
Retail projects developed by Echo Investment – one of Griffin’s investment platforms;
Retail projects owned by EPP, another Griffin’s investment platform.
The value of retail properties held by investor (in EUR)
Chariot Top Group B.V over EUR 464 m; Echo Investment – ca EUR 223 m; EPP – ca EUR 1.88 BN
Warehouse projects included in the portfolio
Warehouse projects held by European Logistics Investment, one of Griffin’s investment platforms.
The value of warehouse properties held by investor (in EUR)
Market value of the standing assets amounts to EUR 295 million. Additionally, market value of assets under construction when completed will amount to EUR 171 million.
The largest purchase transactions between October 2018 and September 2019 (subject of the transaction, its total take up area and value in EUR)
In January 2019, Griffin, together with PIMCO, bought a 70% stake in Polcom, a Poland-based manufacturer and provider of modular solutions to the global hospitality sector.
In May, Griffin Real Estate Partners and Kajima Europe bought Student Depot from Oaktree Capital Management for over 60 million euro – the amount representing half of the Polish Purpose Built Student Accommodation market.
Future plans
Griffin Real Estate does not specify its future plans. However, it carefully monitors the market and looks for prospective niches and opportunities in the real estate market. The company, together with its foreign partners from all around the world, constantly creates new, opportunistic platforms using various revelatory strategies.
Acquisition activity across the CEE real estate markets between October 2018 and September 2019
In January 2019, Griffin, together with PIMCO, bought a 70% stake in Polcom, a Poland-based manufacturer and provider of modular solutions to the global hospitality sector.
In May, Griffin Real Estate Partners and Kajima Europe bought Student Depot from Oaktree Capital Management for over 60 million euro – the amount representing half of the Polish Purpose Built Student Accommodation market.
Why the company deserves the award (in a paragraph you can describe the specific achievements of the company)
Once again, Griffin, by acquisition of Polcom, showed it remains an active investor in the Polish real estate sector that keeps its eye on new market opportunities and bravely explores new territories.
Bringing to Poland Kajima Europe, the European operating company of the Kajima Corporation of Tokyo and being active in several real-estate sectors shows that Griffin has grown into an important global player that can win the trust of brand new investors that others failed to attract.