Globalworth Real Estate Inv Ltd Closing of acquisition of Dacia facility (1205E)
May 04 2017 - 1:00AM
UK Regulatory
TIDMGWI
RNS Number : 1205E
Globalworth Real Estate Inv Ltd
04 May 2017
4 May 2017
The information contained within this announcement is deemed by
the Company to constitute inside information under the Market Abuse
Regulation (EU) No. 596/2014
Globalworth Real Estate Investments Limited
Closing of acquisition of Automobile Dacia S.A. ("Dacia")
distribution facility
Globalworth Real Estate Investments Limited (AIM: GWI)
("Globalworth" or "the Company"), the real estate investment
company targeting opportunities in the broader SEE and CEE regions
with a focus on Romania, is pleased to announce that it has closed
the previously announced acquisition of a modern warehouse facility
100% leased to Dacia, Romania's largest corporate, on a long term
basis.
The transaction value is circa Euro 42.5m and this has been
financed via a continuing debt facility of Euro 23.5 million from
the property's existing lender and the balance from existing cash
resources.
For further information visit www.globalworth.com or
contact:
Globalworth Real Estate Investments Limited Tel: +40 37 2 800 000
Dimitris Raptis
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 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
currently comprises 15 high quality real estate investments
currently valued at c. Euro 962.4 million, all located in
Romania.
This information is provided by RNS
The company news service from the London Stock Exchange
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