Last checked at 3 Jun 2016 07:00
Globalworth Real Estate Investments Limited
3 June 2016
Availability of Annual Report
Globalworth Real Estate Investments Limited announces that following the notification of its audited annual results for the year ended 31 December 2015, it has today issued its annual report and accounts for that period are available for inspection on the website of the Company. Details of the annual general meeting will be provided in due course.
For further information visit www.globalworth.com or contact:
Panmure Gordon (Nominated Adviser and Joint Broker) Tel: +44 20 7886 2500
Andrew Potts
Cantor Fitzgerald Europe (Joint Broker) Tel: +44 20 7894 7000
Rick Thompson
David Foreman
Milbourne (Public Relations) Tel: +44 7903 802545
Tim Draper
About Globalworth:
Globalworth Real Estate Investments Limited is a real estate investment company founded by real estate investor and developer Ioannis Papalekas currently focused on taking advantage of investment opportunities in Romania. The Company's shares were admitted to trading on AIM in July 2013.
The Romanian market offers an attractive real estate investment proposition in the medium-to-long term. Globalworth believes that global investor capital flows will gradually move from markets considered as "safe havens" to more peripheral markets such as Romania in search of higher yielding investments. As a result, Romania should, in due course, become a more attractive destination for a wide investor audience. Globalworth anticipates holding an early mover advantage in and benefitting from this gradual shift in investor sentiment.