Posting of Annual Report and Notice of AGM

RNS Number : 2607H

Globalworth Real Estate Inv Ltd

15 May 2014

 



Globalworth Real Estate Investments Limited

Posting of Annual Report and Notice of AGM

Globalworth Real Estate Investments Limited announces that it has today issued its report and accounts for the year ended 31 December 2013 and accompanying Notice of Annual General Meeting. The Company's Annual General Meeting is to be held at 1.00 pm on 19 June 2014 at Frances House, Sir William Place, St Peter Port, Guernsey, GY1 4EU.  Copies of the report and accounts for the year ended 31 December 2013 and accompanying Notice of Annual General Meeting are available for inspection on the website of the Company.  For further information visit www.globalworth.com  or contact:  

Panmure Gordon (Nominated Adviser and Joint Broker)               Tel: [phone]

Nicola Marrin

Freddy Crossley

Cantor Fitzgerald Europe (Joint Broker)                                                 Tel: [phone]

Rick Thompson

David Foreman

Milbourne (Public Relations)                                                                      Tel: [phone]

Tim Draper

About Globalworth:

Globalworth Real Estate Investments Limited is a real estate investment company founded by real estate investor and developer Ioannis Papalekas to take advantage of investment opportunities in Romania and the broader SEE and CEE regions. The Company is Guernsey incorporated and has been declared by the Guernsey Financial Services Commission to be a registered closed-ended collective investment scheme. The Company's shares were admitted to trading on AIM in July 2013.

The Romanian market offers an attractive real estate investment proposition in the medium-to-long term. Globalworth believes that global investor capital flows will gradually move from markets considered as "safe havens" to more peripheral markets such as Romania and the broader SEE and CEE regions in search of higher yielding investments. As a result, Romania and the broader SEE and CEE regions should, in due course, become more attractive destinations for a wide investor audience. Globalworth anticipates holding an early mover advantage in these markets and benefitting from this gradual shift in investor sentiment.

 

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