Revetas acquires TriGranit from TPG Real Estate

Revetas, together with funds managed by Goldman Sachs Asset Management, has acquired TriGranit from TPG Real Estate. The terms of the deal were not disclosed. TriGranit’s CEE portfolio, valued at more than €450m, exceeds 173,000 sqm, of class A office buildings that are fully leased to multiple high-quality international tenants. The developer also controls three class A fully-permitted office development projects. Two of the class A office development projects (B4B Building H in Kraków and Millennium Gardens in Budapest) are already under construction, while B4B Building I in Kraków and Silesia Towers 1 in Katowice are expected to be launched in the near future. These will continue to be developed by TriGranit.