DRFG has acquired a 100% stake in TriGranit, which will continue to operate under its established brand, encompassing the entire development area of the group. This strategic acquisition is a key step in DRFG’s expansion and strengthening of its presence in the Central and Southeast European region.
“I am thrilled that we have successfully completed this pivotal acquisition, which paves the way for new opportunities. TriGranit has a nearly 30-year history and boasts extensive references in the development field. This will bolster our market position and provide us with valuable expertise. A critical aspect of this acquisition is that the experienced management, which has been with the company for almost 20 years, will continue to remain,” says Roman Řezníček, CEO and shareholder of the investment group DRFG.
The two companies already have an existing relationship. Since last year, they have been jointly developing an extensive logistics park in the group’s portfolio, located in western Poland. TriGranit will implement DRFG group projects and continue previously contracted projects such as Millennium Gardens in Hungary and Bonarka for Business in Krakow, Poland. Additionally, TriGranit will continue working with Revetas group on ongoing developments.
“Soon, we will launch the development of three major residential projects in the Czech Republic: Smetanka Park in Olomouc, Ister Tower in Bratislava, and 3 Dvory near Brno. TriGranit will play a significant role in all of them. Going forward, combined with our capital, we aim to build TriGranit into a platform that attracts a broader portfolio of investors, including those outside the DRFG group. We also plan to expand cooperation with existing institutional investors,” outlines Jan Pelíšek, Director of Real Estate Development CEE, DRFG.
