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(Sharecast News) - Globalworth Real Estate Investments confirmed the completion of the delisting of its Polish subsidiary, Globalworth Poland Real Estate (GPRE), from the Warsaw Stock Exchange on Friday, with effect from 29 September.
The AIM-traded firm said that, with its shareholding in GPRE having reached 99.92%, the remaining shares in GPRE would now be acquired through a mandatory acquisition, thereby completing the acquisition process.
"The acquisition of the outstanding minorities in our Polish subsidiary simplifies Globalworth's corporate structure and will improve efficiency at group level, while reiterating our commitment to this important and fast developing market," said Globalworth Real Estate Investments deputy chief executive officer and chief investment officer Dimitris Raptis.
25 May 2018 17:32
Globalworth Real Estate Unit Buys Office Building For EUR35.8 Million
LONDON (Alliance News) - Globalworth Real Estate Investments Ltd said Friday that it has acquired West Link, a office property located in Wroclaw, Poland, for EUR35.8 million.The 72% owned
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