Team leader
Thomas Devonshire-Griffin
Team leader profile
Based in Warsaw, Poland, Tom is responsible for the Capital Markets business in Central & Eastern Europe to including Poland, Czech Republic, Hungary, Romania and Slovakia and other regional markets.
Tom has over 20 years of experience at JLL and King Sturge. Since July 2021 he has been located in Warsaw to manage the regional Capital Markets business.
Total value of the transactions between October 2020 and June 2022
Total - EUR 3,588 million (60 transactions); Industrial sector – EUR 1,867 million (27 transactions); Office sector – EUR 847 million (8 transactions); Living sector – EUR 575 million (6 transactions); Retail sector – EUR 310 million (19 transactions)
The year on year results of the department with regard to the number and the value of finalised transactions (in EUR)
2020 – EUR 1.272 billion (28 transactions); 2021 – EUR 3.053 billion (42 transactions); H1 2022 – EUR 460 million (13 transactions);
The biggest transactions between October 2020 and June 2022 in retail sector
NAME / LOCATION / SIZE / PRICE
1. Pradera Portfolio / Łódź, Konin, Gdańsk / 71,300 sqm GLA / price – confidential
2. Tesco portfolio / Łódź, Poznań, Kraków / 62,500 sqm GLA / price – confidential
3. Project Tyrion / Olkusz, Świętochłowice, Siemianowice Śląskie, Radom, Gdynia / 44,800 sqm GLA / price – confidential
4. Galeria Bemowo / Warsaw / 30,300 sqm / price – confidential
JLL’s outstanding achievement:
Despite subdued sentiment, JLL team managed to be the most active broker and the market leader in the retail segment (43% and 39% of agency market share in 2020 and 2021 respectively), having completed 9 deals in 2020, 10 in 2021 and already 6 in 2022.
The biggest transactions between October 2020 and June 2022 in office sector
NAME / LOCATION / SIZE / PRICE 1. confidential / Warsaw / ca. 40,000 sqm / price – confidential; 2. Buma Portfolio / Kraków, Wrocław / 97,300 sqm / ca. EUR 206 million; 3. Browary Warszawskie budynek G-H / Warsaw / 29,600 sqm / EUR 152.3 million; 4. Nowy Rynek D / Poznań / 37,200 sqm / ca. EUR 121 million; JLL’s outstanding achievement: An acquisition of Nowy Rynek D in Poznań by Eastnine was the first transaction of this Swedish investor in Poland. Skanska, represented by JLL, disposed this state-of-art asset for approx. €121 million, which was the largest transaction of a single office building ever sold outside Warsaw.
The biggest transactions between October 2020 and June 2022 in warehouse sector
NAME / LOCATION / SIZE / PRICE 1. Polish part of EQT Exeter European portfolio / Warsaw, Sosnowiec, Szczecin, Bielsko-Biała, Czeladź, Łódź/ 319,600 sqm (existing) / price – confidential; 2. Project Nexus / Bydgoszcz, Sosnowiec, Kraków, Łódź, Poznań, Warsaw / 211,700 sqm / price – confidential; 3. Polish part of project Emerald / Warsaw Suburbs, Tri-city / 259,500 sqm / price – confidential; 4. Project Phoenix / Wrocław, Sosnowiec, Poznań, Gdańsk / 285,400 sqm / price – confidential; The total value of these four transactions reached EUR 860 million.; JLL’s outstanding achievement: Being a true market leader in the industrial sector with a 63% agency market share in 2021 - the year with the largest investment turnover in this segment on record. JLL was involved in 5 out of 10 largest deals between October 2022 and June 2022 (7 out of 10 largest deals in 2021).
Other biggest transactions between October 2020 and June 2022
NAME / LOCATION / SIZE / PRICE
1. Budimex portfolio (living) / Warsaw, Kraków, Wrocław, Gdańsk, Poznań / 2,496 apartaments / ca. EUR 310 million
2. Marvipol portfolio (living) / Warsaw / 33,600 sqm / ca. EUR 85 million
3. Atrium portfolio (living) / Warsaw & Kraków / 650 apartments / ca. EUR 53 million
4. Galeria Plaza (land) / Kraków / ca. 65,000 sqm (potential GLA) / price – confidential
JLL’s outstanding achievement:
JLL team took part in unprecedented Living transactions, which translated into 94% agency market share in 2021.
Please say why your team should be considered for the award
JLL Capital Markets team advised in transactions of a total value of €3.6 billion (between October 2020 and June 2022). In 2021 alone the JLL deals reached €3.1 billion, which represented 48% of the total turnover in Poland and 58% of the Agency market (all transactions with involvement of at least one broker). This gave the JLL team first place in terms of market share among all market players (1st in industrial, 1st in retail, 1st in living, 2nd in offices). Furthermore, JLL Capital Markets team boasts a balanced track record including at least several landmark transactions from each sector. The market share is not dominated by an enormous single transaction.
