Globalworth secure 67.9% stake in Griffin Premium RE

Investment fund Globalworth Real Estate Investments secured 67.9 percent stake (106 mln shares) in WSE-listed REIT-like Griffin Premium RE at PLN 5.5 apiece. This means that the maximum threshold set in the tender has been met and the sale will go through. Back in October, Globalworth signed an agreement with Griffin Premium RE main shareholders to acquire up to 47.9 percent stake in the company. The company said it wanted Griffin to remain listed on the WSE.