Géant for the giant

One of the largest transaction of its kind in recent years in Poland is still in progress – GE Real Estate has become the owner of 16 Géant hypermarkets, previously belonging to the Casino Group. Géant will still be the anchor tenant of the buildings, but with the retail operations taken over by the Metro Group in the next few months. GE RE has now become the owner of all Géant’s former properties, the total value of which is EUR 555 mln.Karim Habra, managing director of GE Real Estate Central Europe, talked to ‘Eurobuild’ about the details of this acquisition and the company’s plans for Poland Tomasz Cudowski, ‘Eurobuild Poland’: – Could you give us some idea of how long the negotiations lasted and how they proceeded? We intend to finish the process in September, so we are now at the stage of finalizing the documents. What are the greatest difficulties you face?  Clearly, both transactions had an impact on each other. What aspects o