Globalworth has continued to execute well on its business plan to invest in Grade A offices in Bucharest with the completion of three major acquisitions over 1H15. The operational results demonstrate that the revenues are beginning to come through, a trend we expect to accelerate into 2H15. The NAV/s figure, up 11.3% in 1H15, illustrates that the group has acquired well into a strengthening market. We will look to revise our NAV/s figures when the full 1H15 results are announced and retain ou

13 Aug 2015
Panmure Morning Note 13-08-15

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Panmure Morning Note 13-08-15
Globalworth Real Estate Investments Limited (GWI:LON) | 237 0 0.0% | Mkt Cap: 688.5m
- Published:
13 Aug 2015 -
Author:
Sue Munden -
Pages:
3 -
Globalworth has continued to execute well on its business plan to invest in Grade A offices in Bucharest with the completion of three major acquisitions over 1H15. The operational results demonstrate that the revenues are beginning to come through, a trend we expect to accelerate into 2H15. The NAV/s figure, up 11.3% in 1H15, illustrates that the group has acquired well into a strengthening market. We will look to revise our NAV/s figures when the full 1H15 results are announced and retain ou