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South-African investor buys Obi stores

Rafał Ostrowski 22 January 2020

Rafał Ostrowski

Journalist

+48 22 356 25 11
rafal.ostrowski@eurobuildcee.com

Rafał Ostrowski has over 17 years’ experience as a journalist. Before joining ‘Eurobuild CEE’ five years ago, he wrote for Wydawnictwo Murator and Shopping Centre Magazine, as well as for retailnet.pl. He has also written for many newspapers and magazines as a freelancer and prepared photo-reportages. Rafał graduated from the University of Warsaw in philosophy. He also completed postgraduate studies in text editing. For ‘Eurobuild CEE’ he covers most real estate sectors, including logistics, construction, office, residential and retail. He is also in charge of the film direction for Eurobuild TV.

South-African investor buys Obi stores

POLAND South-African investor Marr Holdings has bought two stores leased to DIY store OBI in Gdańsk and Łódź from Chariot Group.

Both stores were previously acquired by Chariot from Apollo Rida in January, 2018. After acquiring the properties, Chariot adapted the buildings to the needs of a new tenant. “The purchase of these two DIY stores from Chariot Group is our first transaction in Poland and we now looking to acquire a substantial real estate portfolio across Poland. Our investment mandate is non-sector specific and focuses rather on value investments that present strong intrinsic fundamentals supported by sustainable cash flow certainty,” said Jaysen Golding, the joint managing director of Marr Holdings.

Chariot Group was advised by JLL and Linklaters, while Marr Holdings was advised by Avison Young and Dentons.

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