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Pin to quick picksGlobalworth Share News (GWI)

Share Price Information for Globalworth (GWI)

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Share Price: 2.42
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Globalworth Real Estate Buys Polish Business Park For EUR139 Million

Wed, 09th May 2018 13:13

LONDON (Alliance News) - Globalworth Real Estate Investments Ltd said Wednesday its 72%-owned unit Globalworth Poland Real Estate NV has acquired a business park in Krakow, Poland, for EUR139 million.

Globalworth Poland has bought Quattro Business Park, a office complex of five buildings offering a gross leasable area of 60,200 square meters and annual contracted rental income of EUR10.7 million. The business park has 99% occupancy and a weighted average lease length of three years.

Shares in the real estate investment company were trading 3.0% higher at EUR9.43 each Wednesday afternoon.

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