Griffin takes Nordic Park and Bliski Office Center

The combined price for the two buildings came to PLN 130 mln in contracts signed at the end of 2013 and early 2014. The acqusition of Bliski Office Center at ul. Żurawia 8 was partially financed by mBank Hipoteczny. The building offers 4,700 sqm of office space and 177 sqm of retail space. It was sold by the Castle Carbery fund. The purchase of Nordic Park was financed out of Griffin Group’s own funds. The building, situated on on ul. Kruczkowskiego, offers a useable area of 8,300 sqm with 8,100 sqm of class ‘A’ office space and was sold by the Pramerica fund. “Our investment in these properties is the implementation of a specific business strategy which involves a high level of activity and bold decisions. Griffin Group is developing very dynamically, which is why we are carefully analysing the Warsaw market and when we see the potential of any property, we enter the game with full conviction. I can assure you that this is not the end of us extending our portfolio,” declared Przemysław Krych, the president of the board of Griffin Group. The company currently has eight office buildings in its portfolio. All the tenants will be remaining in the newly-purchased office properties.