Globalworth brings new capital raise to fund acquisitions

By Aidan Gregory
01 Oct 2019

Globalworth Real Estate Investments, the London-listed real estate investment trust focused on commercial properties in Romania and Poland, is preparing to raise up to €276.45m of fresh equity to finance its bulging pipeline of acquisitions.

Jefferies and Panmure Gordon are bookrunners on the transaction, which is expected to be completed in the “near term,” according to Globalworth. 

The company said in a regulatory filing on Tuesday that it would sell up to 28.5m new shares, worth €276m, based on the closing price of ...

Already a subscriber?

Continue reading this article

Try full access to GlobalCapital

Free trial