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

  • Revetas Capital has secured four lease transactions totalling 5,700 sqm of gross leasable area at the Bonarka for Business (B4B) office park in Kraków. The transactions include a new lease agreement with telematics firm Geotab, alongside three lease renewals. Geotab has taken up office space in Building E of the complex. Concurrently, KION renewed its commitment to 4,000 sqm of office space within the same building. The remaining two lease renewals were finalized for spaces in Buildings F and D. Cushman & Wakefield represented Geotab, and JLL advised KION on the deals.
  • Sirowa Poland has relocated its office in the revitalised mixed-use Centrum Praskie Koneser complex. The international distributor of cosmetic and pharmaceutical brands leased 958 sqm in Building P at the development, in a deal brokered by Savills.
  • International fashion retailer Primark has opened its fifth Romanian store, spanning 3,185 sqm, at ElectroPutere Mall in Craiova, marking its debut in the country's south-west region. The launch follows a €10 million investment.

New appointments

  • Katarína Brydone, Jana Vlková and Vendula Maršová have been appointed as the first Equity Partners of Colliers’ Czech business. Brydone brings more than 20 years of experience in international real estate. Vlková has more than 25 years of experience in commercial real estate. Maršová, Partner and Head of Valuation and Advisory Services, brings more than 16 years of experience in real estate valuation and advisory.
  • BNP Paribas Real Estate Poland has expanded its Industrial and Logistics Agency team with the appointments of Joanna Choromańska, formerly of JLL, and Bartosz Wilczyński, previously with CBRE. The new hires bring a combined 34 years of experience in sector sales, lease negotiations, and build-to-suit project delivery to support the division's ongoing growth.
  • Speedwell has expanded its industrial and logistics team with the appointment of Valentin Achim as Leasing and Property Manager for Industrial Developments. Achim brings extensive experience in coordinating commercial and operational activities within the logistics and industrial sectors. In his new role, he will oversee the development and expansion of the company's Spaceplus platform.

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