Globalworth Real Estate Inv Ltd Completed acquisition of Green Court Bucharest (4586N)
09 August 2017 - 4:00PM
UK Regulatory
TIDMGWI
RNS Number : 4586N
Globalworth Real Estate Inv Ltd
09 August 2017
Globalworth Real Estate Investments Limited
Completion of the acquisition of the Green Court Bucharest
Complex
Guernsey, 9 August 2017: Globalworth Real Estate Investments
Limited ("Globalworth") is pleased to announce the completion of
the previously announced acquisition of Green Court Bucharest
Building "C".
The transaction was effected through the acquisition of 100% of
the shares of SPC Epsilon Property Development Company s.r.l., the
company owning the asset, for a consideration paid to Skanska of
approximately Euro 38 million.
Following the acquisition of Building "C", Globalworth becomes
the sole owner of the Green Court Bucharest complex, developed by
Skanska, one of the world's leading project development and
construction groups.
The complex, located in the North of Bucharest, in the Barbu
Vacarescu - Floreasca area, comprises three class "A" office
buildings, all of which have been LEED Gold certified and offers a
total gross leasable area of 54.300 sqm.
Building "C" is a multi-tenanted property, almost entirely
leased to tenants such as General Motors, Orange, Capgemini,
Tradeshift, ABB, Legrand and Merck, and has a total surface of
16.300 sqm.
For further information visit www.globalworth.com or
contact:
Panmure Gordon (Nominated Adviser Tel: +44 20
and Joint Broker) 7886 2500
Andrew Potts
Jefferies (Joint Broker) Tel: +44 20
Stuart Klein 7029 8000
Milbourne (Public Relations) Tel: +44 7903
Tim Draper 802545
Globalworth Real Estate Investments Ltd.
Globalworth is a real estate investment company active in the
SEE and CEE regions with a prime focus on Romania. The Company is
internally managed by c.70 professionals and its portfolio
comprises high quality real estate investments valued at c. Euro
983.3 million at 31 March 2017, all located in Romania.
Skanska Romania
Skanska Romania is an innovative developer and constructor of
green office buildings creating friendly environment for business
growth. The company has been operating in Romania since 2011 and is
part of the Skanska Group, world leader in project development and
construction. The projects of Skanska Romania offer top-quality
office space at great locations, which ensures success and
satisfaction of tenants and investors. All the investments of
Skanska Romania will undergo LEED certification process confirming
their compliance with the principles of sustainable development,
optimal energy consumption and superior work environment.
This information is provided by RNS
The company news service from the London Stock Exchange
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