麻豆映画

TPG Real Estate is buying central European office and retail developer TriGranit.

The US private equity company will commit additional capital to strengthen the balance sheet and expand the business.

TPG will also buy TriGranit鈥檚 asset management platform as well as a portfolio of assets in Poland.

TriGranit鈥檚 WestEnd City Center in Budapest is not included in the transaction.

TriGranit鈥檚 existing management team will remain in place.

Anand Tejani, partner at TPG Real Estate, said there are 鈥渁 number of opportunities to expand the TriGranit platform鈥� due to 鈥渇avourable macro and real estate trends in the region鈥�.

TriGranit is currently owned by S谩ndor Demj谩n, S谩ndor Cs谩nyi, Peter Munk, and Vienna-listed Immofinanz.

The stakes of Peter Munk and Immofinanz will be sold to Demj谩n and Cs谩nyi as part of the deal.

Completion of the deal is expected by the end of the year.