Globalworth Real Estate Investments Limited

Name
Globalworth Real Estate Investments Limited
Manager
Globalworth Asset Managers Srl
Type
Closed Ended Investment Company
ISIN
GG00B979FD04
Sector
Property Direct - Europe
Launched
25/07/2013
OCF
1.52 %
3 Year Sharpe
0.92
Yield
5.6 %
Fund Size
£ 995.02 million
NAV
9
Gearing
300
Discount Premium
-4
The investment objective is to pursue a real estate investing policy aiming to generate attractive risk-adjusted returns through a combination of yield and capital appreciation as a result of investing in a diversified portfolio of properties located primarily in Romania but also in the broader SEE and CEE region. The principal focus will be on assets (existing or to be developed, and including the Initial Portfolio and the Founder Pipeline) in Romania with most of their current or expected income derived from local members of multinational corporate groups and financial institution tenants on long, triple net and annually indexed leases (in many cases supported by parent company guarantees) and on acquiring underperforming or undervalued properties (due to distress, mismanagement or otherwise) and, through active asset management, transforming them into performing and marketable assets.
Holding %
Globalworth Tower 8.01 %
Globalworth Campus 7.96 %
Green Court Complex 6.60 %
Boc 6.56 %
Renoma 6.44 %
Hala Koszyki 5.14 %
Upground Towers 3.95 %
Tci 3.54 %
Renault Bucharest Connected 3.42 %
Green Horizon 3.30 %
Name
Globalworth Asset Managers Srl
Address
Bucharest, Romania
Legal Structure
Closed Ended Investment Company

Managers

Adrian Danoiu
Joined 07/25/2013
Stamatis Sapkas
Joined 07/25/2013
Costin Barbu
Joined 07/25/2013

Data provided by Morningstar.

The Content is only for your general information and use and is not intended to address your particular requirements. The Content does not constitute any form of advice, recommendation or arrangement by Money Observer and is not intended to be relied upon by you in making (or refraining from making) any specific investment or other decisions. Appropriate independent advice should be obtained before making any such decision.

This information is sourced from our partner Morningstar. We believe the data to be correct however you should take care in using any information.

You should be aware that prices may fall as well as rise and that the income derived can go down as well as up. When buying or selling any investment that fluctuates in price or value you may get back less than you invested. Past performance is not necessarily a guide to future performance.