Horse Group was established in March 2022 as a joint venture between Redefine Properties, EPP and PIMCO, comprising 11 retail assets with a total GLA of 469,000 sqm.
The transaction represented one of the largest retail deals in Poland and CEE following the COVID outbreak and formed a key part of EPP’s strategic transformation, following its delisting from the Johannesburg Stock Exchange and Redefine Properties becoming its controlling shareholder.
In 2026, PIMCO exited the joint venture, with RMB joining EPP/Redefine as a new partner, completing a complex transition of the assets’ ownership structure.
Griffin Capital Partners acted as transaction manager throughout the investment lifecycle, from the establishment of Horse Group through to the successful execution of PIMCO’s exit