globalworth-intro

Growthpoint entered the Eastern European market in December 2016. It currently has a 29.4% stake in Globalworth Real estate Investments Ltd  (GWI) who are  the pre-eminent office investor in the CEE real estate market. Holding the market-leading position in Romania and Poland, GWI benefits from robust demand for A and P grade buildings from multinational tenants, driven by a younger, skilled population, particularly in the IT sector and cheaper rentals than Western Europe.

GWI at a Glance:

Listing: London Stock Exchange (LSE) – AIM segment share code GWI

Location: Poland, Romania

Asset type: Office, light-industrial

Share: 29,4% holding

gla

1 302 300 ㎡

GLA

66

Number of Properties

value

R 58.02bn

Value of Properties

Highlights

  • Solid tenant base of multi-national corporates including Amazon, Facebook, Microsoft & Google
  • Long lease lengths, low vacancies and high demand for more space
  • Strong macro-economic fundamentals
  • Excellent access to debt capital and equity capital markets
globalworth-highlights
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Johannesburg:

The Place, 1 Sandton Drive, Sandton

011 944 6000

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Durban:

4th Floor, Lincoln on The Lake, 2 The High Street, Parkside, Umhlanga Ridge

031 584 5100

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Cape Town:

4th Floor, MontClare Place, Main Road, Claremont

021 673 8400