ARTICLES LABELLED WITH TAG globalworth
25
Jul
2023
Jul
2023
Globalworth sells Warta Tower in Warsaw
Globalworth has signed a contract to sell the Warta Tower office building in Warsaw to a company from the Cornerstone Investment Management platform. The value of the transaction has been set at over €63 million.
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21
Jun
2023
Jun
2023
Banca Transilvania takes 10,000 sqm from Globalworth in Bucharest
Romanian lender Banca Transilvania has leased 10,000 sqm of office space in Green Court A, the building in northern Bucharest owned by Globalworth.
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29
May
2023
May
2023
Honeywell takes 24,000 sqm from Globalworth in Bucharest
Software industrial company Honeywell has expanded its lease in Globalworth’s BOC office building in Bucharest and will occupy over 24,000 sqm.
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26
May
2023
May
2023
Globalworth aims to boost Romanian portfolio
Dennis Selinas, Globalworth Group CEO, spoke with Property Forum about the investment plans in the industrial segment, the outlook for rents in Bucharest and the efforts to enhance the value of its office portfolio on the Polish and Romanian markets
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23
May
2023
May
2023
eMAG relocates HQ to Globalworth Square in Bucharest
E-commerce player eMAG has leased 10,000 sqm in Globalworth Square in Bucharest for its new HQ in one of the largest office leasing deals closed in the year to date.
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08
May
2023
May
2023
FrieslandCampina starts operations in Mureș City Logistics
Dairy company FrieslandCampina has started operations on the 4,500 sqm logistics space based in industrial park Mureș City Logistics jointly developed by Global Vision and Globalworth.
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13
Apr
2023
Apr
2023
Globalworth leased almost 90,000 sqm in 2022
Last year Globalworth confirmed its strong position in Central and Eastern Europe by signing leases for a combined 87,500 sqm in Poland. This result comprises new contracts for office and retail-gastronomy space, extensions of existing contracts and enlargements of areas leased by tenants.
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24
Mar
2023
Mar
2023
Globalworth’s portfolio value flat at €3.2 billion in 2022
Property group Globalworth said its total combined portfolio value remained effectively unchanged at €3.2 billion during 2022 compared to 2021, while investments in logistics/light-industrial facilities in Romania and the refurbishment/repositioning of two mixed-use properties in Poland totaled €52.2 million.
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17
Mar
2023
Mar
2023
Global Vision and Globalworth attract first tenant in Mureș project
Dairy producer FrieslandCampina has become the first tenant of the Mureș City Logistics project jointly developed by Global Vision and Globalworth. The company will occupy one quarter of the newly built warehouse that will have a leasable area of 18,000 sqm in total.
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06
Mar
2023
Mar
2023
Globalworth reports €16.1 million net loss due to revaluation
Property investor Globalworth has reported a net loss of €16.1 million in 2022 compared to a profit of €47.5 million in 2021, while the value of its commercial portfolio remained effectively unchanged at €3.2 billion.
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New leases
- Cordon Electronics, a specialist in electronics and advanced technologies, has renewed its lease agreement at MLP Pruszków II, in the immediate vicinity of Warsaw. The company will continue to occupy a total of 7,770 sqm of modern space, a footprint that includes 458 sqm dedicated to office operations.
- mBank, the digital banking company in Poland, has decided to relocate its largest corporate branch in Lower Silesia to the Infinity office building in Wrocław. The company will occupy nearly 1,300 sqm on the fourth floor of the building. The tenant will move into the development owned by Avestus Real Estate and Alchemy Properties in January 2027.
- GSP Global Solutions Provider has further expanded its cooperation with CTP by leasing an additional nearly 7,000 sqm in CTPark Budapest Vecsés on a long-term basis.
New appointments
- Krzysztof Wróblewski (MRICS) has been named Head of Portfolio Management CEE at Peakside Capital Advisors, responsible for overseeing investments and managing the real estate portfolio. He succeeds Christopher Smith in this role.
- Garbe Industrial is reorganising its senior leadership team. CEO Christopher Garbe will now focus on strategic orientation and international activities. Jan Philipp Daun assumes leadership of the Development division alongside his existing Investment and Joint Venture responsibilities. Andrea Agrusow expands her remit to include Portfolio Management while retaining control of Commercial and Real Estate Management. Additionally, Michael Marcinek and Maik Zeranski will now jointly head the restructured Development unit as Management Board Members, succeeding Adrian Zellner.
- CPI Property Group is strengthening its leasing structure with the appointment of Agnieszka Baczyńska as Head of Leasing. In her new role, she will be responsible for shaping and executing the leasing strategy across the group’s office and retail portfolio in Poland. At the same time, Izabela Potrykus has been appointed Leasing Office Director. Baczyńska brings more than 20 years of experience in the commercial real estate market. Prior to joining CPI Property Group in 2022, she served as International Leasing Director at Neinver Polska.
