Result of AGM

RNS Number : 3240X

Globalworth Real Estate Inv Ltd

27 August 2015

 



27 August 2015

Globalworth Real Estate Investments Limited

("Globalworth")

Results of AGM

Globalworth is pleased to announce that at its Annual General Meeting held today, all of the resolutions put to the meeting were duly passed.

For further information visit www.globalworth.com  or contact:  

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

Andrew Potts

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 currently focused on taking advantage of investment opportunities in Romania. 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 in search of higher yielding investments. As a result, Romania should, in due course, become a more attractive destination for a wide investor audience. Globalworth anticipates holding an early mover advantage in and benefitting from this gradual shift in investor sentiment.

 

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