ARTICLES LABELLED WITH TAG globalworth

News - Globalworth acquires Wroclaw office building
31
May
2018

Globalworth acquires Wroclaw office building

by Property Forum
Globalworth announced the acquisition of West Link, a recently completed office property in Wroclaw, by Globalworth Poland. West Link is located to the west of the city centre and is well situated on Wroclaw's key communication arteries. It offers 14,400 sqm gross leasable area and occupancy of 100%, with an annual contracted rental income of €2.5 million and a weighted average lease length in excess of 6 years. The main tenant is Nokia Solutions & Network, which is also the main tenant at GPRE's West Gate, an adjacent high-quality office property which comprises a further 16,600 sqm.
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News - Globalworth issues new corporate bonds worth €500 million
22
May
2018

Globalworth issues new corporate bonds worth €500 million

by Property Forum
Globalworth Real Estate Investment Limited in partnership with BT Capital Partners, a company of Banca Transilvania Financial Group, announced the second admission to trading on the Bucharest Stock Exchange (BVB) of the corporate bonds issued by the company, with a total value of €550 million.
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News - Globalworth buys Krakow business park
09
May
2018

Globalworth buys Krakow business park

by Property Forum
Globalworth Poland Real Estate has agreed on terms and is conditionally proceeding with the acquisition of Quattro Business Park in Krakow, Poland.
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News - Globalworth aggress on €400 million loan for GPRE
17
Apr
2018

Globalworth aggress on €400 million loan for GPRE

by Import Sys
Globalworth has announced the execution of a second loan agreement with its subsidiary, Globalworth Poland (GPRE). The loan is being made available to GPRE for a refinancing of the existing financial indebtedness of GPRE and its subsidiaries and the potential acquisition of two new assets currently under due diligence while offering a more flexible capital structure for the expansionary phase that GPRE is in.
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News - Growthpoint to buy into GPRE
13
Apr
2018

Growthpoint to buy into GPRE

by Import Sys
Growthpoint Properties, a South African REIT, has agreed to subscribe for shares in Griffin Premium RE (GPRE). The company is to invest between €120 million and €150 million.
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News - Globalworth Poland buys Warsaw office building
15
Mar
2018

Globalworth Poland buys Warsaw office building

by Import Sys
Globalworth Poland (GPRE) announced the acquisition of Warta Tower, a modern office tower in the City Centre West district of Warsaw for a consideration of €55 million.
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News - Globalworth closes year of growth
08
Mar
2018

Globalworth closes year of growth

by Import Sys
As at 31 December 2017, Globalworth's combined real estate portfolio was valued at €1,815.4 million, comprising €1,135.3 million in Romania and €680.1 million in Poland via GPRE. Globalworth posted its results for the year 2017.
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News - Griffin Premium Real Estate becomes Globalworth Poland
28
Feb
2018

Griffin Premium Real Estate becomes Globalworth Poland

by Import Sys
Griffin Premium Real Estate, 71.7% owned by Globalworth, is being rebranded as Globalworth Poland and will be renamed as Globalworth Poland Real Estate N.V.
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News - Globalworth buys two development plots in Bucharest
28
Feb
2018

Globalworth buys two development plots in Bucharest

by Import Sys
Globalworth has completed the acquisition of two additional land plots adjacent to its assets on the Gara Herastrau/Barbu Vacarescu corridor of Bucharest for approximately €16 million. These plots are anticipated to allow for the development of 40,000 sqm of commercial (predominantly office) space. The company published an update for its operations.
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News - Globalworth eyes NEPI-owned office buildings in Romania
15
Jan
2018

Globalworth eyes NEPI-owned office buildings in Romania

by Import Sys
Globalworth is, according to zf.ro, in talks with NEPI Rockcastle to acquire The Office Cluj and City Business Centre Timisoara. The investor completed a €330 million ordinary share issue at the end of last year and intends to use the money raised for investments in Poland and Romania.
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Latest news


New leases

  • XXS GYM has signed a lease for over 850 sqm of space in the modern O3 Business Campus office complex, located on Opolska Street in the northern part of Cracow.
  • Alior Bank has extended its lease at Ocean Office Park B in Kraków to accommodate its Private Banking Department. The deal, supported by brokerage firm CBRE, marks the final stage of a two-year consolidation of the bank's Kraków operations. Following the expansion, the bank occupies approximately 7,000 sqm within the Cavatina Group-owned complex.
  • TriGranit has finalized a lease extension with Mondelez Europe Services to remain in the Signum Work Station building through 2032. Facilitated by broker CBRE, the agreement secures nearly 4,000 sqm of office surface for the global snacks group member within Warsaw’s Mokotów district.

New appointments

  • Katarzyna Myjak has joined Axi Immo as Senior Business Advisory Manager, tasked with strengthening the company’s Industrial & Logistics business line.
  • Czech investment group SCF has expanded its team by appointing Jan Simandl as Senior Leasing Team Leader. In this role, Simandl will oversee leasing activities across the company’s commercial property portfolio. He previously worked for CPI Property Group and CBRE.
  • Michał Kochanowski-Laren has joined Avison Young Poland’s Technical Advisory and Project Management team as Project Manager. In his new role, he is responsible for delivering a variety of consultancy projects across all segments of the commercial real estate market in Poland. Kochanowski-Laren is an electrical engineer and a graduate of the Warsaw University of Technology.

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