Globalworth Real Estate Investments (GWI) made strategic and financial progress in FY15. The portfolio grew strongly through acquisitions and development progress, with construction of the flagship Globalworth Tower completed by year-end and the property delivered in Q116. NOI and cash flow both increased significantly and we forecast further strong growth as acquisitions fully contribute and remaining developments complete. EPRA NAV per share grew 12.2% during the year despite share issuance
08 Aug 2016
Developing well
Sign up to access
Get access to our full offering from over 30 providers
Get access to our full offering from over 30 providers
Developing well
Globalworth Real Estate Investments Limited (GWI:LON) | 251 -27.6 (-4.4%) | Mkt Cap: 633.1m
- Published:
08 Aug 2016 -
Author:
Martyn King -
Pages:
14
Globalworth Real Estate Investments (GWI) made strategic and financial progress in FY15. The portfolio grew strongly through acquisitions and development progress, with construction of the flagship Globalworth Tower completed by year-end and the property delivered in Q116. NOI and cash flow both increased significantly and we forecast further strong growth as acquisitions fully contribute and remaining developments complete. EPRA NAV per share grew 12.2% during the year despite share issuance