About us

Business profile

We own prime office and mixed-use high-street properties located in the centre or on the main streets of the largest cities in Poland. These buildings generate stable income thanks to high occupancy rates and long-term contracts with prominent tenants. We plan to regularly share our earnings with shareholders, paying out approximately 65% of funds from operations in the form of dividends.

Griffin Premium RE.. B.V. was incorporated in the Netherlands and operates in a REIT-like structure. We are focused on the promising office property market in Poland. In line with this, Griffin Premium RE.. intends to change its legal form to a Polish public join-stock company, meeting REIT requirements when Poland adopts relevant regulations governing the operation of this type of entity, and on condition that the conversion would be beneficial for the Company’s shareholders.

pure office and mixed-use
high-street properties
thousand square
metres of GLA
million euro - property
portfolio valuation
(at 2016 year-end)

Company
Profile

Get to know us better! Check out our company profile, which details the business of Griffin Premium RE.. as well as our property portfolio, management team and growth strategy.

See PDF

Management

Executive directors

  • Małgorzata Turek, has accumulated over 20 years of experience in the real estate sector while working for real estate investors and developers as well as for international law firms, and is a renowned professional in asset management, acquisitions, and asset disposals.

    In 2005, Ms. Turek decided to expand her career, while changing from law firms to real estate investors and developers.  First, she worked for a leading Cracow-based development company (GD&K) where – as a management board member – she supervised all stages of development projects.

    Prior to joining Griffin Premium RE.. - a company managing high-class office and mixed-use commercial properties - she spent five years at various Skanska Property companies and all its property units in Poland.  While at Skanska, Ms. Turek was COO at its office development division and a member of the management board supervising subsidiaries of Skanska Property group. Her duties included supervising Skanska Property’s transactions and operations. Recently she was also involved with transactions at Skanska's CEE level. During her tenure at Skanska, she executed transactions involving over EUR 1 billion worth of assets and commercialized over 300 000 sqm of office space.

    Ms. Turek graduated from the Law and Administration Department at the Jagiellonian University in Cracow. She is also a member of Bar Association in Poland.

  • Rafał Pomorski is an experienced finance and accounting professional. In 2015 - 2016, he was responsible for finance at Griffin Real Estate, a leading and dynamically growing investment group operating in Central and Eastern Europe’s commercial real estate market. From 2011, he worked as finance manager at MGPA, a private equity firm investing on the property market, a position he held until 2015, also after MGPA was acquired by BlackRock in 2013. His professional career began in 2007 at PwC’s audit department, where he remained until 2010.

    In 2007, Rafał Pomorski obtained a master’s degree in economics from Maria Curie-Skłodowska University in Lublin. He became a member of the Association of Chartered Certified Accountants in 2016.

Non-executive directors

  • Przemysław Krych is founder and CEO of Griffin Real Estate, a leading and dynamically growing investment group operating in Central and Eastern Europe’s commercial real estate market. He has also been managing partner at the private equity firm Cornerstone Partners since 2001.

    Prior to going out on his own, in 1999 - 2000, he was managing director and partner at Templeton Direct Advisors (later: TDA Capital Partners). Before that, from 1993 to 1999, he held a number of posts at Bank Handlowy w Warszawie (currently: Citibank Handlowy), including executive committee member, credit committee member, and investment committee chairman. His professional career began as a director with Invest-Bank in 1992.

    Przemysław Krych has served as an assistant at the Faculty of Law and Administration at Adam Mickiewicz University in Poznań, where he obtained a master’s degree in law in 1990.

  • Maciej Dyjas is a partner and co-managing director at Griffin Real Estate, a leading and dynamically growing investment group operating in Central and Eastern Europe’s commercial real estate market. He is also a managing partner at the private equity firm Cornerstone Partners.

    Prior to joining Griffin and Cornerstone, from 2009 to 2014 he was managing partner and CEO at the private equity firm Eastbridge, where he had been working since 1994. He also served as CEO of key businesses controlled by Eastbridge. As of 2014, Eastbridge had over USD 3 billion in assets under management in the retail, consumer products and property sectors.

    Before joining Eastbridge, he worked at consulting firms in Germany and the United States, mainly on restructuring, manufacturing and supply chain management.

    Maciej Dyjas graduated from the University of Warsaw and the University of Stuttgart with degrees in mathematics, IT and management.

  • Nebil Senman is co-managing partner at Griffin Real Estate, a leading and dynamically growing investment group operating in Central and Eastern Europe’s commercial real estate market. Formerly, from 2005 to 2014 he held executive and non-executive posts at Oaktree’s German and Polish property funds.

    Prior to joining Oaktree, he spent eight years in the real estate consulting and corporate finance department of Ernst & Young Real Estate (formerly Arthur Andersen), where he held various executive posts.

    Nebil Senman is a graduate of TU Berlin, ESCP-EAP and LSE. He completed an MBA and post-graduate studies in real estate management as well as a degree in civil engineering. He is a member of the Royal Institution of Chartered Surveyors (MRICS).

  • Ioannis Papalekas is the Founder & Chief Executive Officer of Globalworth Real Estate Investmenst Ltd. Ioannis has nearly 20 years of real estate investment and development experience, predominantly in Romania, having created one of the most successful real estate development and investment groups in the Romanian real estate market. He is experienced in the acquisition, master planning, development, reconstruction, refurbishment, operation and asset management of land and buildings across all major asset classes in Romania. Ioannis has been responsible for the development of more than 400k sqm of commercial (office, retail and logistics) space and 1,000 residential units in Romania. 

  • Dimitris Raptis is the Deputy Chief Executive Officer and Chief Investment Officer of Globalworth Real Estate Investments Ltd. Dimitris joined Globalworth in November 2012, following 16 years of experience in the financial services and real estate investment management industries with Deutsche Bank, the last 12 years as a senior member of the real estate investment management group of Deutsche Bank’s Asset and Wealth Management division ('RREEF'). From 2008 to 2012, Dimitris was Managing Director and European Head of Portfolio Management for RREEF Opportunistic Investments ('ROI'). In this role he was responsible for overseeing ROI’s acquisitions across Europe as well as managing ROI’s pan-European real estate investment portfolio consisting of 40 investments with a gross asset value in excess of €6bn. From 2000 to 2008, Dimitris was a senior member of the team responsible for originating, structuring and executing real estate investments, with a main focus on the French, Italian and South-Eastern European markets with an enterprise value in excess of €5.5bn across all major asset classes.

  • Andreas Segal is deputy CEO and CFO of BUWOG AG, and Austrian-German real estate platform and developer listed on Vienna Stock Exchange (ATX). Prior to that he was CFO of Deutsche Wohnen AG, the second largest, M-DAX listed residential player in Germany, focused on asset management, privatizations and nursing homes. Before he joined Wohnen AG he had been Co-CEO and CFO of GSW Immobilien AG, an M-DAX listed residential real estate platform. He also worked for a German consumer electronics retail chain where he was responsible for the corporate restructuring, and later held positions in the corporate banking department at Commerzbank AG.

    Andreas Segal holds a degree in law and a pre-degree in business administration and is also a graduate of the Advanced Management Program of the Harvard Business School.

  • Mr van Campen currently serves as the director of Astarta Holding NV in Amsterdam, a company listed on the Warsaw Stock Exchange, which is active in the agricultural sector in Ukraine; the director of Ovostar Union NV in Amsterdam, also quoted on WSE, a very successful company in the field of eggs, egg products and poultry; and the director of the European subsidiaries (outside Italy) of Salvatore Ferragamo Spa in Florence, Italy, one of the principal players in the luxury sector in Europe.

    Mr van Campen began his professional career at Océ van der Grinten NV (1968-1976). In the period from 1976-2002, Mr van Campen served as the general counsel at Amstelland NV (currently AM NV). Marcus van Campen has extensive knowledge in the field of construction, real estate and project development, including in the financing thereof. Mr van Campen has extensive experience in corporate governance matters, monitoring activities carried out by financial supervision authorities such as the AFM, and in transparency requirements.

    Marcus van Campen holds a Master’s degree in law from University of Nijmegen, the Netherlands.

  • Thomas de Witte holds the position of Chief Financial and Risk Officer (CFRO) at Geneba Properties N.V., an NPEX-listed real estate investment fund located in Amsterdam. He joined the company in September 2015 with key responsibilities for finance, reporting and risk management. Prior to that he spent 12 years at Vastned Group, a group of Euronext-listed real estate companies. As CFO at Vastned Group Mr. de Witte played a key role in managing the reporting, treasury and financing of the group. He was responsible for taxes, IT and human resources. From 1991 until 2003 he worked for Arthur Andersen Accountants, and, after it was acquired, for Deloitte & Touche Accountants.

    He is also a member of the supervisory board and chairman of the audit committee of Staedion, a housing association in The Hague. Additionally, he is a member of the Raad van Toezicht and chairman of the financial commission of Koninklijke Diergaarde Blijdorp (Rotterdam Zoo). He is a member of CFO Executive Global Network and Finanza Rijnmond.

    Thomas de Witte holds master’s degrees in business economics and Dutch law from the Erasmus University of Rotterdam, where he also completed a postgraduate accountancy (CPA) course.

  • Ms Claudia Pendred has over 25 years of experience of investments and financing throughout Central and Eastern Europe, South Eastern Europe and North Africa.

    Previously she was a Director for Property & Tourism at the European Bank for Reconstruction and Development (EBRD), where she expanded the bank’s property activities into new countries and new products. Before that she was the EBRD Director for Romania and was based in Bucharest. Prior to the EBRD, Ms Pendred worked at N.M. Rothschild & Sons, where most recently she was Director of Corporate Finance, focused on Central and Eastern Europe. Earlier on, she worked at J. Henry Schroder Wagg & Co in their International Finance Department and before that she worked with the World Bank in Washington DC.

    Ms Pendred is and has been on several Boards and Investment Committees including various property funds.

    Ms Pendred holds an MBA from INSEAD Business School, an MA from Harvard University and a BA from the University of Oxford.

Strategy

Our aim is to develop our property portfolio and deliver attractive returns to shareholders both from the existing portfolio and through further acquisitions of properties meeting stringent criteria. The key elements of Griffin Premium RE..’s growth strategy are as follows:

01

Attractive dividend policy

We intend to regularly pay out approximately 65% of funds from operations to our shareholders.

02

Precise investment strategy

We plan on investing in properties that meet strictly defined criteria. We are interested in pure office and mixed-use high street buildings in central locations in key Polish cities. We plan to acquire buildings of high technical quality, with a diversified tenant base or an anchor tenant with a long-term lease. We focus on properties that are fully or nearly fully let.

03

Conversion into Polish REIT

Griffin Premium RE.. intends to change its legal form into a Polish public joint stock company meeting REIT requirements when Poland adopts relevant regulations governing the operation of this type of entity, and on condition that the conversion would be beneficial for the company’s shareholders.

Griffin Premium RE..

Griffin Premium RE.. N.V. is a Netherlands-incorporated company operating in a REIT-like structure, with a focus on Poland’s growing office property market.

Registered office

Claude Debussylaan 15
1082MC Amsterdam, The Netherlands

+31(0)20 238 4000

Contact

GPRE Management
Al. Jana Christiana Szucha 6
00-582 Warsaw

phone:
+48 22 212 19 90

e-mail:
kontakt@griffin-premium.com