Globalworth Real Estate Investment has successfully priced a €550 million Eurobond. The five-year euro-denominated bond matures on 20 June 2022 and carries a fixed interest rate of 2.875 per cent payable annually beginning on 20 June 2018. The company has applied for the bond to be traded on the Irish Stock Exchange.
Globalworth purchased a logistics project located near Pitesti, Romania, rented by Dacia from ELGAN, a company owned by businessman Simon Roth, for €42.5 million. Colliers International advised the seller.
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”).
Kruk S.A., a debt management company, has leased 6,000 sqm of space in the B10 office and hotel complex in Wroclaw, owned by Vastint Poland.
SIG, a specialist supplier of construction products, has renewed its lease for 4,400 sqm of warehouse and office space in Prologis Park Wrocław. The tenant was advised during lease negotiations by Newmark Polska.
Piotr Pikiewicz has joined the 7R team. In the role of Head of Project & Corporate Debt, he will lead the team responsible for project and corporate financing at 7R Group.
New appointments
Wrocław's Quorum complex, owned by the Cavatina group, has gained another tenant from the IT sector. The Hexe Capital Group will move to the Quorum D building, which is part of it, and will occupy about 720 sqm of space on the fourth floor there.
Panattoni has announced personnel appointments in its Capital Markets Poland division. Damian Stężycki has been appointed as Managing Director and Joanna Kawrowska together with Michał Stanisławski will take the role of the Co-Heads of the department.
Marvipol Development S.A. has announced the appointment of Andrzej Nizio to the company's Management Board. He will serve as vice-president of the board for another two-year term.
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