Ares Management and Griffin completed the acquisition of Murapol.

Private equity firms Ares Management and Griffin Real Estate, completed the acquisition of a 98.04% stake in Murapol, a property development company. Financial terms were not disclosed. "We are pleased to be partnering with Griffin to acquire one of the most established residential developers in Poland. This acquisition extends our longstanding track record in Poland and aligns with our strategy of investing in residential across Europe’s major markets,” John Ruane, Ares Partner.