Globalworth (GWI) has published full interim results and a trading update into September, followed by a proposed placing of new shares, through which it aims to raise c €35m or more to fund continued portfolio growth. H1 shows income growing strongly, following 2014 asset growth, while NAV benefited from valuation gains on the back of development progress and gains on completed asset purchases at below fair value. The Romanian economy and property market continue to perform well, while a highly experienced management team continues to meet its operational and financial targets.
