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LONDON (Alliance News) - Globalworth Real Estate Investments Ltd on Thursday said its has increased the value of its portfolio by 35% since the start of the year and said its occupancy has improved.
Globalworth said its portfolio value has increased to USD808.8 million since the end of 2014, up 35%, as the group completed the acquisition of a new office portfolio in Bucharest and it expanded its complex in Timisoara, both in Romania.
It said its occupancy rate has increased to 88.1% in the year to date, from 77.2% at the end of 2014.
Shares in Globalworth shares were untraded on Thursday, having last traded at 5.80 pence.
By Sam Unsted; samunsted@alliancenews.com; @SamUAtAlliance
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