News Article Colliers Globalworth investment Romania
by Ákos Budai | Investment

Globalworth Real Estate Investments has signed an agreement to offer real estate secured bonds worth a total of 180 million euros. 150 million euros will be subscribed by Canada Pension Plan Investment Board (CPPIB) and the remaining 30 million euros by funds managed by Cairn Capital (“Cairn”). 

This is a landmark transaction for the Romanian real estate market, in which Colliers International Romania acted as real estate advisor to the investors.
“This investment led by CPPIB, Canada’s largest pension fund and one of the world’s most prestigious investors, is a testament to the level of progress achieved and the attractive risk/return profile offered by the Romanian real estate market at present. We expect that this transaction will amplify the positive sentiment already present and likely effect a momentum that will lead to further increases in market liquidity”, stated Robert Miklo, Associate Director Investment Services, Colliers International, who will speak at SEE Property Forum 2016 in Bucharest.