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Griffin finalises Hala Koszyki acquisition

Eurobuild CEE 13 September 2012
POLAND Griffin Group has announced the acquisition of the former Hala Koszyki market hall in central Warsaw from Avestus Real Estate for an undisclosed sum.
Avestus bought the property in 2006 and had been planning to redevelop the three buildings into 10,000 sqm of residential space and 160 apartments. Griffin is now planning a retail project with office buildings, and for the design has commissioned JEMS Architekci, which intends to publish an advanced design later this year. Hala Koszyki was built in 1909 and is situated on ul. Koszykowa. Colliers International represented Avestus for this transaction.

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