New Strategic Investor

About this update from Globalworth Real Estate Investments Limited

[{"type":"text","content":"\n \nRNS Number : 4147T Globalworth Real Estate Inv Ltd 20 March 2019  \n\n \n20 March 2019\nGlobalworth Real Estate Investments Limited \n(\"Globalworth\" or the \"Company\")\nNew Strategic Investor\nGlobalworth, the leading office investor in Central and Eastern Europe, announces that Aroundtown SA (\"Aroundtown\") has acquired an 11.8% stake in the Company.  Aroundtown is a real estate company with a focus on properties with value-add potential in central locations in top tier cities primarily in Germany and the Netherlands. With a commercial real estate portfolio worth more than €13 billion, Aroundtown is the largest and highest rated (BBB+ by S&P) commercial real estate company in Germany and the 4th largest in Europe (based on market cap of €8.6 billion).\n \nGeoff Miller, Chairman of the Board, Globalworth, commented: \"On behalf of the Board, I would like to warmly welcome Aroundtown to the Globalworth family.  We are very excited to have attracted the interest of such a large and reputable strategic investor. This investment constitutes a significant vote of confidence in the achievements of the Company so far and its future prospects and we look forward to working closely with Aroundtown in the years to come as we grow the Company in consolidating its position as the leading office investor and the landlord of choice in the CEE region\".\nFor further information visit www.globalworth.com or contact:  \n \n\n\n\nAndrew Cox\nHead of Investor Relations & Corporate Development\n\n\nTel: +44 20 3026 4027\n\n\n\n\n \nJefferies (Joint Broker)\nStuart Klein\n\n\n                                      \nTel: +44 20 7029 8000\n\n\n\n\n \nPanmure Gordon (Nominated Adviser and Joint Broker)\nAlina Vaskina\n\n\n                                       \nTel: +44 20 7886 2500\n\n\n\n\n \nMilbourne (Financial Public Relations)\nTim Draper\n\n\n           &nb...

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