By Richard Hook2018-06-18T12:19:00
TPG Real Estate has sold a €450m (£394.5m) portfolio of central and eastern European office assets to specialist investor Revetas in partnership with Goldman Sachs Asset Management’s vintage funds.
The duo will acquire company TriGranit along with its entire portfolio of 1.9m sq ft of fully-let office buildings valued at €450m in Poland and Hungary, including three with permitted development rights. TPG originally bought the company for more than €500m at the end of 2015, but has since sold off substantial parts of its portfolio.
You must be logged in to continue
Register for free to finish this article.
Sign up now for the following benefits:
To access this article REGISTER NOW
Would you like print copies, app and digital replica access too? SUBSCRIBE for as little as £6 per week.