Auchan extends lease on six properties belonging to Chariot

by   CIJ News iDesk II
2020-08-04   09:19

Auchan Poland renewed its lease on six properties owned by Chariot, an investment platform managed by Griffin Real Estate. The agreement pertains to hypermarkets located in Szczecin, Rybnik, Slupsk, Gdansk, Nowy Sacz and Lublin, totaling 83,000 sqm. Colliers International and the Linklaters and the KPRF law firms advised during the negotiations. “Extension of the contract with our long-standing partner Auchan Poland is a confirmation to us that, despite the current unprecedented situation, the retail properties we manage remain attractive to both tenants and customers. The assets in our portfolio have a long history of good sales results, which translates into their resistance to changes in the retail market,” said Piotr Fijolek, senior partner at Griffin Real Estate. Chariot’s portfolio currently includes 17 commercial properties totaling 350,000 sqm. The properties are currently fully leased.