Linklaters advises Griffin Real Estate on the sale of an over 107,000 sqm retail portfolio for EUR 87 million

Linklaters has advised Griffin Real Estate, a leading Polish private equity investment and asset manager, acting through Pruim, on the sale of six retail properties with a total GLA of over 107 thousand sqm to a confidential buyer. The value of the transaction is EUR 87 million.

The six sold retail properties are located throughout Poland in: Szczecin, Rybnik, Słupsk, Gdańsk, Nowy Sącz and Lublin. All of the properties are leased to Auchan Poland, a retailer with an established position on the Polish market, based on a 12-year lease extension agreement signed last year.

The transaction was led by Tomasz Trystuła (managing associate) and Adriana Andrzejewska (of counsel) from the Warsaw real estate practice supported by Filip Witaszek (associate).