ARTICLES LABELLED WITH TAG Globalworth

News Globalworth closes two acquisitions in Poland
25
Jul
2019

Globalworth closes two acquisitions in Poland

by Property Forum
Globalworth confirms the closing of the acquisition of two office buildings in Poland for a total transaction value of €113 million. Retro Office House in Wroclaw and Silesia Star in Katowice offer over 50,000 sqm of modern office space, and through the companies present in these properties add approximately 10,000 new employees and visitors to Globalworth’s Polish portfolio community, which is now 110,000 strong on a daily basis.
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News Globalworth invests in proptech solutions in Warsaw
10
Jul
2019

Globalworth invests in proptech solutions in Warsaw

by Property Forum
Globalworth has worked with Signify to deliver the first implementation of a light-wave wireless communication solution in the CEE region. Trulifi is available in the Warsaw office building Spektrum Tower. Investments in new technologies improving the use of the office buildings managed by the company are one of the pillars of Globalworth's development strategy in Poland. 
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News EBRD reaffirms commitment to Globalworth
23
May
2019

EBRD reaffirms commitment to Globalworth

by Property Forum
In order to finance its further growth, Globalworth successfully completed a capital increase of €500.5 million. The EBRD invested a further €25 million to support the company’s planned growth. The Bank became a shareholder in Globalworth in December 2017 and currently holds a 5.8 per cent stake in the company.
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News Globalworth buys two office buildings in Poland
02
May
2019

Globalworth buys two office buildings in Poland

by Property Forum
Globalworth announced the conditional agreement for the acquisition of two investments in Poland, which were identified as part of its acquisition pipeline announced on 11 March 2019, for a combined transaction value of €113.2 million. The transaction is expected to close by the end of July 2019, subject to the fulfilment of customary conditions.
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News Globalworth acquires two office buildings in Poland
04
Apr
2019

Globalworth acquires two office buildings in Poland

by Property Forum
Globalworth has completed new acquisitions of two buildings in Poland, Warsaw Trade Tower (WTT) in Warsaw and Rondo Business Park in Krakow, for c. €170 million. Including these recent additions, Globalworth’s Polish portfolio has grown to almost 500,000 sqm of GLA in office and mixed-use properties.
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News Globalworth’s portfolio reaches 1 million sqm
28
Mar
2019

Globalworth’s portfolio reaches 1 million sqm

by Property Forum
In 2018 Globalworth registered an increase of 36% in portfolio value compared to 2017, reaching €2.5 billion, split 51% in Romania and 49% in Poland. Also, during last year, the gross leasable area of the company’s combined portfolio grew with over 250,000 sqm to 1 million sqm. Following the dynamic expansion in Poland and the new developments in Romania, Globalworth’s net operating income (NOI) noted an impressive increase by over 160% and exceeded €133 million.
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News Globalworth announces new strategic investor
20
Mar
2019

Globalworth announces new strategic investor

by Property Forum
Globalworth announced that Aroundtown SA has acquired an 11.8% stake in the Company. Aroundtown is a real estate company with a focus on properties with value-add potential in central locations in top tier cities primarily in Germany and the Netherlands. With a commercial real estate portfolio worth more than €13 billion, Aroundtown is the largest and highest rated (BBB+ by S&P) commercial real estate company in Germany and the 4th largest in Europe (based on market cap of €8.6 billion).
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News Globalworth starts new office project in Bucharest
08
Mar
2019

Globalworth starts new office project in Bucharest

by Property Forum
Globalworth has started the construction of its new office project, Globalworth Square. The project it located in the Barbu Văcărescu area, in Bucharest's busiest office hub, between Globalworth Plaza and Green Court, both owned by Globalworth.
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News Globalworth completes Renault’s new Bucharest HQ
21
Feb
2019

Globalworth completes Renault’s new Bucharest HQ

by Property Forum
One and a half years after starting work on the site in the western part of Bucharest, Globalworth has finalised the construction of Renault Bucharest Connected (RBC). The project includes 40,000 sqm of Class A offices, served by an underground level with approximately 240 parking spaces, with a further 760 spaces outdoors. Renault Bucharest Connected includes an 8,000 sqm design centre, and the employees who work there will benefit not only from a 350 seat amphitheatre but also other facilities such as a restaurant, gym and a medical office.
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News Globalworth internalises PM of Polish assets
04
Feb
2019

Globalworth internalises PM of Polish assets

by Property Forum
Globalworth Poland has taken further steps to manage its Polish real estate portfolio in-house. Between December and January, the company took on the property management of Lumen and Skylight in Warsaw, West Gate in Wrocław, the A4 Business Park in Katowice and Tryton Business House in Gdańsk. Since the company entered the market, Globalworth has gradually internalized the property management of a series of buildings and now handles directly 250,000 sqm in only about one year, which constitutes almost 60% of its portfolio in Poland.
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Latest news


New leases

  • Online documentation and efficiency solutions company Craft Docs secured a 1,000 sqm of office space in the renewed Krausz Palace office complex in downtown Budapest. The company will move in August 2023. The startup has become the first tenant of the building, Jake Lodge, principal of Avision Young Hungary responsible for the leasing and operative management of the building said.
  • A new tenant has moved into the Eximius Park office complex near Kraków. GoE Wellness is a British healthy lifestyle start-up that is expanding its operations in Europe. The company's new office has an area of approximately 900 sqm and is located in building 200.
  • Galeria Jurajska is strengthening its offer. Three new tenants - fashion brands Quiosque and Lovisa and patisserie Lody Czewskie - will soon appear in the Częstochowa shopping centre.

New appointments

  • CPI Property Group is expanding its retail leasing department. Dariusz Kafara has been appointed as the new Leasing Manager. At the Warsaw branch of the company, Dariusz is responsible for maintaining the maximum level of commercialisation in two retail park chains from the group's portfolio - CityMarket and STOP SHOP.
  • Brian Nyeng Olesen, formerly head of commercial at the Salling Group, has been appointed as the new managing director of Netto Polska. The position was previously held by Hugo Mesquita.
  • M Core appoints Magdalena Kowalewska as the new Chief Operating Officer at LCP Properties, Poland. This comes at the same time that Krystian Modrzejewski has accepted a post as the Group Head of Expansion for Poland, where he will be responsible for realising the opportunity for land and asset acquisition in aid of portfolio growth. LCP Properties Poland is part of the M Core group, which brings together family-owned companies that invest in and manage real estate. It comprises LCP, Proudreed, Sheet Anchor, GIPAM and Evolve Estates.


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