Griffin Premium RE.. has signed new lease agreements – Groupon Shared Services Poland is going to move to Supersam building in Katowice where it will occupy 2,300 sqm. In addition, two other companies have decided to prolong their leases in Griffin Premium RE..’s buildings: Cheminova Polska in Batory Building I, while VEDIM in Nordic Park, both in Warsaw.
Groupon Shared Services Poland will move to the upper floor of Supersam building where 250 persons will work on 2,300 sqm of space. The new office of the company that services international operations for the whole group will be opened this summer. For the lease deal, the tenant was represented by CBRE.
Cheminova Polska has decided to extend its lease for next few years. The company’s office has been located in the Batory Building I since 2006. Cheminova Polska, a plant protection products producer and a part of a multinational FMC Corporation, occupies 240 sqm there.
Vedim, a part of an international bio-pharmaceutical group UCB, is another company that decided to prolong its stay in GPRE-owned building. Vedim has extended its lease for 560 sqm in Nordic Park office building in Powiśle sub-district (CBD fringe), which the Tenant has been occupying for 11 years.
“Following the take-over of new 1,200 sqm office space by JAMF in Katowice’s Supersam a few weeks ago, the new lease with very recognizable company such as Groupon is the next big lease in the building with tenants from IT sector and the best possible confirmation that offices in Supersam are highly attractive for tenants. We are also very pleased with the latest lease renewals signed in Batory Building I and Nordic Park as these are next evidences that Griffin Premium RE..’s strategy focused on long-term cooperation with existing tenants and active asset management has been working perfectly,” said Artur Apostoł, Head of Real Estate Operations in Griffin Premium RE...
Supersam is located in the very center of Katowice, at 6 Piotra Skargi St., close to the railway, tram and bus stations, as well as the main transportation routes. Supersam is a high-quality mixed-use building with its total GLA of 24,200 sqm, including 6,500 sqm of office space. A-class office space has been equipped with raised floors, suspended ceilings, air condition, wiring, access control system and BMS. The building has also a parking for about 400 cars.
About Batory Building I
The building, with its total GLA of about 6,600 sqm, is located on Al. Jerozolimskie in Warsaw. The location guarantees an easy access to Okęcie Airport (7 minutes) and to the city center (9 minutes). The building’s excellent exposure as wall as a large number of parking spaces are its unquestionable assets. A luxury cruiser “Stefan Batory” inspired the design. The building offers 230 underground and surface parking units.
About Nordic Park
Nordic Park is a modern, A-class office building with its total GLA of over 9,000 sqm. The building is located in Warsaw’s Powiśle sub-district, at 11 Kruczkowskiego St., close to many financial and governmental institutions, including Warsaw Stock Exchange. A glass façade provides high amount of natural light. The tenants can use a parking with over 200 parking units.
About Griffin Premium RE..
The Company was founded in December 2016 through a carve-out of nine existing attractive properties from a portfolio created and managed by Griffin Real Estate, a leading and dynamically developing investor on the commercial property market in Poland.
The total market value of properties in the Company’s portfolio as at the end of 2016 was approximately EUR 514 million and annualized net operating income (NOI) from lease of these properties and lease guarantees granted by selling shareholders was approximately EUR 34 million. The Company is incorporated in the Netherlands and operates in a structure similar to a REIT (real estate investment trust), i.e. an entity that generates income primarily from renting real estate and regularly pays out its earnings to shareholders in the form of a dividend.
The Company has a geographically diversified portfolio with a well-balanced tenant base. It currently comprises nine commercial properties with its total GLA of more than 170,000 sqm, including six pure office projects and three mixed-use buildings. They are all in prime locations in the city centre or along the main streets of five of the seven largest Polish cities: Warsaw, Wrocław, Łódź, Kraków and Katowice.
The experienced management team at Griffin Premium RE.. oversees a high-quality diversified tenant base for the properties in the Company’s portfolio, representing a wide array of industries and sectors. Long-term business relations with key tenants translate into long-term lease contracts and stable rental income for the Company.
These materials are for promotional purposes only and under no circumstances shall constitute the basis for a decision to invest in the shares of Griffin Premium RE.. N.V. (the “Company”). The prospectus together with supplements thereto, which was approved on March 13, 2017 by the Netherlands Authority for the Financial Markets (Stichting Autoriteit Financiële Markten), the Netherlands capital markets authority and notified to the Polish Financial Supervision Authority, passported into Poland and published (the “Prospectus”), was prepared in connection with the public offering and admission and introduction of the Company’s securities to trading on the regulated market operated by the Warsaw Stock Exchange (“WSE”) and is the sole legally binding document containing information on the Company and the offering of its securities in Poland (the “Offering”). The Prospectus can be obtained from the website of the Company (www.griffin-premium.com), Bank Zachodni WBK S.A. (www.dmbzwbk.pl) and the Netherlands Authority for the Financial Markets (www.afm.nl). It may be unlawful to distribute this document in certain jurisdictions. This document is not for distribution in Canada, Japan or Australia. The information in this document does not constitute an offer of securities for sale in Canada, Japan or Australia.
These materials are not an offer of securities for sale, or the solicitation of an offer to purchase securities, in the United States. Securities may be offered or sold in the United States only when registered in accordance with the United States Securities Act of 1933, as amended (the “U.S. Securities Act”), or pursuant to an exemption from the registration requirement of the U.S. Securities Act. The Company does not plan to register the Offering or any portion thereof in the United States.
Statements contained herein may constitute “forward-looking statements”. Forward-looking statements are generally identifiable by the use of the words “is likely to”, “aim”, “may”, “will”, “should”, “plan”, “expect”, “anticipate”, “estimate”, “believe”, “intend”, “project”, “goal” or “target” or the negative of these words or other variations on these words or comparable terminology. Forward-looking statements involve a number of known and unknown risks, uncertainties and other factors that could cause the Company’s or its industry’s actual results, levels of activity, performance or achievements to be materially different from any future results, levels of activity, performance or achievements expressed or implied by such forward-looking statements. The Company does not undertake publicly to update or revise any forward-looking statement that may be made herein, whether as a result of new information, future events or otherwise.
DXC Technology, the world’s leading end-to-end IT services company serving nearly 6,000 companies and institutions...Read more
The professional association of all insurance companies operating in Poland has renewed its lease for nearly 1,000 sq...Read more
In 2019, Globalworth reaffirmed its position as the largest office landlord in Central and Eastern Europe, expanding...Read more