Globalworth Real Estate Investments Takes Back Shares into Treasury, Altering Total Voting Rights
Globalworth Real Estate Investments Limited, an AIM-segment listed company on the London Stock Exchange, has made a strategic move to buy back its shares into treasury. Active in Central and Eastern Europe, the firm announced the decision pursuant to shareholder authorities exercised at the AGM held on June 10th, 2024. The shares in question, totaling 39,558 in aggregate, were formerly transferred out of the treasury to satisfy employee share awards in the company’s subsidiaries. Currently, these shares are procured back by the organisation and moved back to the treasury.
Known for its strong presence in Poland and Romania, Globalworth has established itself as a leading office investor in the CEE real estate market. The firm’s successful portfolio, valued at €2.6 billion as of December 31st, 2024, extends its reach across Warsaw, Wroclaw, Lodz, Krakow, Gdansk, Katowice in Poland, along with Bucharest, Constanta, and Craiova in Romania. With 98.5% of its assets facing income production, predominantly in the office sector, the company boasts over 650 national and multinational corporate tenants.
- •Buy back of Shares into Treasury and TVR investegate.co.uk23-05-2025