Globalworth portfolio value reaches €2.5bn 1

Globalworth portfolio value reaches €2.5bn 1

Published at: 2019-04-17 09:36 | Author: CIJEurope.com
The value of Globalworth’s property portfolio rose 36 percent in 2018 compared to 2017, reaching €2.5bn. Geographically, the portfolio is split between Romania (51 percent) and Poland (49 percent). The size of that portfolio’s gross leasable area rose more than 250,000 sqm to 1 million sqm. Following rapid expansion in Poland and the company’s new developments in Romania, Globalworth’s net operating income (NOI) grew 160 percent to €133m.

Similar Stories:

Hungarian forint liquidity rose in July
The National Bank of Hungary reports that the volume of forint held by banks in overnight  »
CPI issues another $100m in bonds
CPI Property Group has issued $100m in bonds, notes that will be consolidated with an exis  »
CKB takes over Societe Generale Bank of Montenegro
Crnogorska komercijalna banka (CKB), a member of Hungary’s OTP Group, took over a contro  »
Pavlovic International Bank got new owners
The Bosnian company Pavgord has teamed up with Serbian-based Galens to acquire 40 percent  »
Can you explain the issue of the so-called Greed Tax that was created by the Romanian gove   »
CIJ: Why is the financial crisis from the last decade still relevant today? The echoes ar   »
One of the long-standing paradoxes of Slovakia’s property market has long how difficult   »
The future is not out of our hands. Indeed, the main purpose of organised real estate is t   »