Real estate
19:08 17 February 2020
Post by: WBJ

Ares and Griffin acquire majority stake in Murapol

Ares and Griffin acquire majority stake in Murapol
Source: Murapol

Joint venture between a fund managed by the Real Estate Group of Ares Management Corporation and Griffin Real Estate announced today the acquisition of a 98.04 percent stake in Murapol, a leading Polish property development company. The value of the deal was not disclosed.

Murapol is one of the most active residential developers in Poland, having sold nearly 3,700 apartments in 2019. With a highly-integrated value chain, Murapol is focused on delivering affordable units to a broad segment of the Polish residential market throughout the country’s largest cities.

At present, Murapol has a large pipeline of approximately 17,700 units under development.


(WBJ)

joint-venture
ares management corporation

More News

lifestyle

LifeStyle
2 months ago

'We work hard, we achieved what we have on our own, we are strong women, and we have our voice': Joanna Krupa

LifeStyle
2 months ago

Magdalena Lamparska: 'Viewers have come to enjoy watching movies at home'

LifeStyle
2 months ago

8th edition of the 4 Design Days in Katowice 25–28 January Everlasting design. Timeless architecture.

LifeStyle
2 months ago

Children's birth completely changed my perception of the world: actress Zuzanna Grabowska

Book of Lists

Book of Lists
3 years ago

The largest Polish companies under the Book of Lists microscope! Book of Lists 2020/2021 certificates have been awarded.

Book of Lists
3 years ago

25th jubilee edition of Book of Lists – project start