Griffin Real Estate

Griffin Real Estate is Poland’s largest and the most dynamic investor in the commercial real estate market, with assets valued at about EUR 4.5 billion. Its strategic partners are Oaktree Capital Management and Pacific Investment Management Company (PIMCO) and Redefine Properties from South Africa. Aside from its involvement in Echo Investment Griffin holds, directly and indirectly, several yield-generating real estate platforms, a student housing operator Student Depot and rental housing operator Resi 4 Rent.
Name of company Griffin Real Estate
Name of President or Managing Director for the region Przemysław Krych – founder &CEO, Maciej Dyjas - Co-Managing Partner & Co-CEO
Description of company and team Griffin Real Estate is Poland’s largest and the most dynamic investor in the commercial real estate market, with assets valued at about EUR 4.5 billion. Its strategic partners are Oaktree Capital Management and Pacific Investment Management Company (PIMCO) and Redefine Properties from South Africa. Aside from its involvement in Echo Investment Griffin holds, directly and indirectly, several yield-generating real estate platforms, a student housing operator Student Depot and rental housing operator Resi 4 Rent.
Regions active in (in which countries the company operates) Poland, CEE
Portfolio Capital investments:
Echo Polska Properties – managing assets that belong to its major shareholder, Redefine Properties
Echo Polska Properties is a real estate investment fund that follows the REIT formula and invests in commercial office, retail and industrial properties throughout Poland. EPP, established by Echo Investment SA and Redefine Properties of South Africa, is publicly traded on exchanges in Luxembourg and Johannesburg. With a current portfolio that includes 10 office and 11 retail projects totalling 636170 sqm of GLA, its initial portfolio is highly diversified: the buildings are located in eleven major cities across the country
Echo Investment Griffin’s Share: 65,99%
Student Depot Griffin’s share: 100%
Resi4Rent Griffin’s share: 100%
Griffin Property Finance II Griffin’s share: 100%
Meble Emilia Griffin’s Share: 100%
Office portfolio:
Raiffeisen Office Center, Batory Office Building I, Green Horizon Office Center, Lubicz Office Centre I & II, Microsoft House
Retail Portfolio:
Supersam, Renoma Shopping Center, Hala Koszyki
Office projects included in the portfolio Raiffeisen Office Center, Batory Office Building I, Green Horizon Office Center, Lubicz Office Centre I & II, Microsoft House
The value of office properties held by investor (in EUR) Confidential
Retail projects included in the portfolio Supersam, Renoma Shopping Center, Hala Koszyki
The value of retail properties held by investor (in EUR) Confidential
The value of warehouse properties held by investor (in EUR) N/A
The largest purchase transactions between October 2015 and September 2016 (subject of the transaction, its total take up area and value in EUR) Raising 100 million EUR capital to invest it into Resi 4 Rent project – and to build, during coming years, a platform that will manage 6,000 to 7,000 flats. The company is interested in buying whole buildings. The process of selecting and buying the real estate has already started.
Future plans To expand the largest network of private student housing; to establish new REIT-type funds; to expand the existing, GRE-controlled entities: Echo Polska Properties, Echo Investment, Griffin Property Finance II. To build a company with the largest rental housing portfolio in Poland.
The value of the funds for the investment, whether the investor is permanently established in countries in the region, the number of employees Griffin Real Estate manages 4.5 billion EUR worth assets which makes it the biggest investor in Poland’s real estate market.
Acquisition activity across the CEE real estate markets between October 2015 and September 2016 - Finding real estate to be developed into student housing network,
- Analysis and research of housing buildings that match Resi 4 Rent project
Why the company deserves the award (in a paragraph you can describe the specific achievements of the company) Griffin Real Estate is a company that during last 10 years has made a strong impact on the real estate and capital market.
The company has been behind a whole series of suprising and innovative projects, like Warsaw’s newly open and revitalized Hala Koszyki.
GRE, as the first and only one in Poland, has created a network of private student housing, Student Depot that are fully leased. Student Depot network grows systematically and in two years time it will have 6,000 beds.
GRE, not waiting for Poland’s legal framework allowing functioning of REIT-type funds, has build Echo Polska Properties fund, with assetts exceeding 1.2 billion Euro; GRE has also invited respectable global investors to become a part of this project.
Griffin has created the first, non-banking institution that provides other investors with real estate funding. Thanks to it, 130,000 sqm of new commercial space will be developed.
Griffin is also the first one to build a housing for rent platform, Resi 4 Rent, with a goal to manage 7,000 flats.
Each year, the company structures record-high deals that make history in the real estate market. The best example: buying the biggest Polish real estate developer Echo Investment and, a year later, setting up – together with South African partner – a REIT-type fund Echo Polska Properties.
Griffin contributes in improving Poland’s image abroad. It successfully invites to invest in Poland such global financial giants as PIMCO, Oaktree and most recently – South African fund Redefine. These are all large scale investments: it’s enough to say that today Griffin Real Estate manages real estate assets with a value exceeding 4,5 billion Euro.
Company website http://www.griffin-re.com/pl
Name of company
Griffin Real Estate
Name of President or Managing Director for the region
Przemysław Krych – founder &CEO, Maciej Dyjas - Co-Managing Partner & Co-CEO
Description of company and team
Griffin Real Estate is Poland’s largest and the most dynamic investor in the commercial real estate market, with assets valued at about EUR 4.5 billion. Its strategic partners are Oaktree Capital Management and Pacific Investment Management Company (PIMCO) and Redefine Properties from South Africa. Aside from its involvement in Echo Investment Griffin holds, directly and indirectly, several yield-generating real estate platforms, a student housing operator Student Depot and rental housing operator Resi 4 Rent.
Regions active in (in which countries the company operates)
Poland, CEE
Portfolio
Capital investments:
Echo Polska Properties – managing assets that belong to its major shareholder, Redefine Properties
Echo Polska Properties is a real estate investment fund that follows the REIT formula and invests in commercial office, retail and industrial properties throughout Poland. EPP, established by Echo Investment SA and Redefine Properties of South Africa, is publicly traded on exchanges in Luxembourg and Johannesburg. With a current portfolio that includes 10 office and 11 retail projects totalling 636170 sqm of GLA, its initial portfolio is highly diversified: the buildings are located in eleven major cities across the country
Echo Investment Griffin’s Share: 65,99%
Student Depot Griffin’s share: 100%
Resi4Rent Griffin’s share: 100%
Griffin Property Finance II Griffin’s share: 100%
Meble Emilia Griffin’s Share: 100%
Office portfolio:
Raiffeisen Office Center, Batory Office Building I, Green Horizon Office Center, Lubicz Office Centre I & II, Microsoft House
Retail Portfolio:
Supersam, Renoma Shopping Center, Hala Koszyki
Office projects included in the portfolio
Raiffeisen Office Center, Batory Office Building I, Green Horizon Office Center, Lubicz Office Centre I & II, Microsoft House
The value of office properties held by investor (in EUR)
Confidential
Retail projects included in the portfolio
Supersam, Renoma Shopping Center, Hala Koszyki
The value of retail properties held by investor (in EUR)
Confidential
The value of warehouse properties held by investor (in EUR)
N/A
The largest purchase transactions between October 2015 and September 2016 (subject of the transaction, its total take up area and value in EUR)
Raising 100 million EUR capital to invest it into Resi 4 Rent project – and to build, during coming years, a platform that will manage 6,000 to 7,000 flats. The company is interested in buying whole buildings. The process of selecting and buying the real estate has already started.
Future plans
To expand the largest network of private student housing; to establish new REIT-type funds; to expand the existing, GRE-controlled entities: Echo Polska Properties, Echo Investment, Griffin Property Finance II. To build a company with the largest rental housing portfolio in Poland.
The value of the funds for the investment, whether the investor is permanently established in countries in the region, the number of employees
Griffin Real Estate manages 4.5 billion EUR worth assets which makes it the biggest investor in Poland’s real estate market.
Acquisition activity across the CEE real estate markets between October 2015 and September 2016
- Finding real estate to be developed into student housing network,
- Analysis and research of housing buildings that match Resi 4 Rent project
Why the company deserves the award (in a paragraph you can describe the specific achievements of the company)
Griffin Real Estate is a company that during last 10 years has made a strong impact on the real estate and capital market.
The company has been behind a whole series of suprising and innovative projects, like Warsaw’s newly open and revitalized Hala Koszyki.
GRE, as the first and only one in Poland, has created a network of private student housing, Student Depot that are fully leased. Student Depot network grows systematically and in two years time it will have 6,000 beds.
GRE, not waiting for Poland’s legal framework allowing functioning of REIT-type funds, has build Echo Polska Properties fund, with assetts exceeding 1.2 billion Euro; GRE has also invited respectable global investors to become a part of this project.
Griffin has created the first, non-banking institution that provides other investors with real estate funding. Thanks to it, 130,000 sqm of new commercial space will be developed.
Griffin is also the first one to build a housing for rent platform, Resi 4 Rent, with a goal to manage 7,000 flats.
Each year, the company structures record-high deals that make history in the real estate market. The best example: buying the biggest Polish real estate developer Echo Investment and, a year later, setting up – together with South African partner – a REIT-type fund Echo Polska Properties.
Griffin contributes in improving Poland’s image abroad. It successfully invites to invest in Poland such global financial giants as PIMCO, Oaktree and most recently – South African fund Redefine. These are all large scale investments: it’s enough to say that today Griffin Real Estate manages real estate assets with a value exceeding 4,5 billion Euro.
Company website
http://www.griffin-re.com/pl

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