Globalworth acquiring Warsaw’s Lumen and Skylight buildings

Investor Globalworth Poland has signed a preliminary agreement for the purchase of the Lumen and Skylight office buildings in Warsaw from Unibail-Rodamco-Westfield for a total of €190 million. The transaction, which marks the buyer’s biggest acquisition so far, is expected to be finalized by the end...

International Paper grows at CB Lubicz in Kraków

Paper and packaging producer International Paper has leased additional space at the Centrum Biurowe Lubicz office complex in central Kraków and will now occupy almost 7,900 sqm at the property. Centrum Biurowe Lubicz offers nearly 24,000 sqm of leasable area. It is owned by Globalworth Poland, one o...

Globalworth acquires Warsaw’s Spektrum Tower for €101 mln

Investor Globalworth Poland has finalized the acquisition of the Spektrum Tower office building in downtown Warsaw from Europa Capital for approximately €101 million. The property, which was thoroughly refurbished a few years ago and offers around 29,500 sqm of GLA, is currently over 90 percent leas...

Globalworth acquires Kraków office complex for €139 mln

Investor Globalworth Poland has finalized the acquisition of the Quattro Business Park office complex in Kraków from Starwood Capital Group for €139 million. With its portfolio of more than 290,000 sqm of office space in Poland, the company is now the biggest office property owner in the country. Th...

Locked content Globalworth Poland raises €450 mln in private issue

In a private offering Globalworth Poland RE sold 286.6 million shares and raised €450 million, the company stated. The funds will be earmarked for acquiring new properties and repayment of loans, as well as for its corporate goals. The company also stated that it will allocate PLN 48.7 million for d...

Locked content Globalworth with €450 mln private placement

WSE-listed real estate developer Globalworth Poland (formerly known as Griffin Premium RE) is launching a private placement offer of up to 350 million new shares and plans to raise at least €450 million, the company said in a market filing. The company’s main shareholder, Globalworth Real Estate Inv...

Echo sells Wrocław offices for €35.8 million

Investor Globalworth Poland has finalized its acquisition of the West Link office building in Wrocław from developer Echo Investment for €35.8 million. Completed in March this year, the building comprises more than 14,200 sqm of office space and has already been fully leased out. The property is occ...

Globalworth acquires Warsaw’s Warta Tower for €55 mln

Investor Globalworth Poland (formerly Griffin Premium RE) has finalized its acquisition of the Warta Tower office building in central Warsaw for €55 million. The 21-floor property, which was completed in 2000, comprises approximately 28,000 sqm of GLA with Warta Insurance being the anchor tenant.