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Signing of landmark lease agreement

Signing of landmark lease agreement.

articleGlobalworth Real Estate Investments LimitedNovember 21, 20145/company/globalworth-real-estate-investments-limited/news/signing-of-landmark-lease-agreement
Signing of landmark lease agreement

About this update from Globalworth Real Estate Investments Limited

[{"type":"text","content":"\n \nRNS Number : 5609X Globalworth Real Estate Inv Ltd 21 November 2014  \n \n\n21 November 2014\nGlobalworth Real Estate Investments Limited\n(\"Globalworth\" or \"the Company\") (AIM: GWI)\nSigning of landmark lease agreement for Globalworth Campus\nGlobalworth, the real estate investment company targeting opportunities principally in Romania, is pleased to provide an update on its Globalworth Campus development.\nFurther to the disclosure in the 2014 interim results, the Company today announces that it has signed a 10-year lease contract with Telekom Romania Telecommunications S.A. (former Romtelecom S.A.), part of Deutsche Telekom Group, for a gross leasable area of circa 25,000 square meters, occupying the first office building in the Company's Globalworth Campus development project. The transaction constitutes the largest single letting transaction this year and one of the largest ever in the Bucharest office market. \nFor further information visit www.globalworth.com  or contact:  \nPanmure Gordon (Nominated Adviser and Joint Broker)  Tel: +44 20 7886 2500\nAndrew Potts\nDuncan Monteith\n \nCantor Fitzgerald Europe (Joint Broker)                                    Tel: +44 20 7894 7000\nRick Thompson\nDavid Foreman\n \nMilbourne (Public Relations)                                                         Tel: +44 20 3540 6458\nTim Draper\n \nAbout Globalworth:\nGlobalworth Real Estate Investments Limited is a real estate investment company founded by real estate investor and developer Ioannis Papalekas to take advantage of investment opportunities in Romania and the broader SEE and CEE regions. The Company is Guernsey incorporated and has been declared by the Guernsey Financial Services Commission to be a registered closed-ended collective investment scheme. The Company's shares were admitted to trading on AIM in July 2013.\nThe Romanian mark...

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