ARTICLES LABELLED WITH TAG Globalworth

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.

Tower 1 and Tower 2, the first two office buildings of the Globalworth Campus project in Bucharest, have been awarded BREEAM certificates with a rating of 'Excellent'. The certification recognizes the high standards of sustainability and the healthy working environment of the 57,000 sqm of Class A office space in the complex located in the northern part of the city.

Globalworth Poland has closed the acquisition of two office buildings in Warsaw, Skylight and Lumen, from Unibail-Rodamco-Westfield.

Globalworth announced that Dimitris Raptis will be appointed interim CEO of Globalworth Poland Real Estate N.V. (GPRE). At the same time, he will keep his responsibilities within the Globalworth group, as Group Deputy CEO and Chief Investment Officer.

Globalworth Poland has entered into a preliminary sale and purchase agreement with Unibail-Rodamco-Westfield for the landmark acquisition of two high-quality office buildings in Warsaw, known as Skylight and Lumen.

Globalworth released its interim report and unaudited consolidated financial results for H1 2018. The company continued to expand heavily in its core markets, Poland and Romania.

Globalworth has secured a €46 million loan from BCR, which will be used for developing Connected, Renault’s new HQ in Bucharest.

Globalworth Poland announced the acquisition of Spektrum Tower in Warsaw from Europa Capital for €101 million. With this acquisition, the combined value of the company's portfolio is now broadly split between Romania and Poland.

Helaba, acting as facility and security agent, and pbb Deutsche Pfandbriefbank have jointly underwritten an investment facility to finance four office properties in Poland. Together, the two banks are providing Globalworth Poland Real Estate (GPRE) with a loan in an amount of €100 million with a duration of seven years. The transaction closed in June 2018. Helaba and pbb are acting as Joint Lead Arrangers providing equal portions of the funding.

Romania becomes the seventh country in which Mindspace offers its flexible workplace solutions, following a leasing agreement Globalworth has just signed. Mindspace will start operating in three Bucharest buildings, on approx. 12,000 sqm across Globalworth Campus, City Offices and Bucharest Tower Center. At the same time, Globalworth is investing $10 million in the company to support its ongoing growth.