NAME OF COMPANY
Globalworth
NAME OF PRESIDENT OR MANAGING DIRECTOR FOR THE REGION
Dimitris Raptis
PRESIDENT OR MANAGING DIRECTOR FOR THE REGION PROFILE
Dimitris Raptis is the Deputy Chief Executive Officer and Chief Investment Officer of Globalworth Real Estate Investments Limited (GREIL- Globalworth), positions he has held since its IPO in 2013.
Following Globalworth’s entry to the Polish real estate market in 2018, Dimitris was subsequently nominated to Chief Executive Officer at Globalworth Poland – a subsidiary of GREIL. He is primarily responsible for Globalworth’s investment and capital markets activities in Poland and Romania.
Type of investor
Opportunistic
REGIONS ACTIVE IN (IN WHICH COUNTRIES THE COMPANY OPERATES)
Poland and Romania
OFFICE PROJECTS INCLUDED IN PORTFOLIO
Warsaw Trade Tower, Lumen& Skylight, Warta Tower, Spektrum Tower, Tryton Business House, West Link, West Gate, Rondo Business Park, Quattro Business Park, Lubicz, A4 Business Park, Silesia Star among others in Poland
MARKET VALUE OF OFFICE PROPERTIES HELD BY INVESTOR (in EUR)
1,4 billion EUR (Poland)
SIZE OF THE OFFICE PROPERTIES HELD BY INVESTOR (GLA)
480 000 sqm
RETAIL PROJECTS INCLUDED IN THE PORTFOLIO
Supersam, Hala Koszyki, Renoma (Poland)
MARKET VALUE OF RETAIL PROPERTIES HELD BY INVESTOR (in EUR)
-
SIZE OF THE RETAIL PROPERTIES HELD BY INVESTOR (GLA)
85 000 sqm
WAREHOUSE PROJECTS INCLUDED IN THE PORTFOLIO
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MARKET VALUE OF WAREHOUSE PROPERTIES HELD BY INVESTOR (in EUR)
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SIZE OF THE WAREHOUSE PROPERTIES HELD BY INVESTOR (GLA)
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HOTELS INCLUDED IN THE PORTFOLIO
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MARKET VALUE OF HOTELS HELD BY INVESTOR (IN EUR)
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SIZE OF THE HOTELS HELD BY INVESTOR (GLA)
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RESIDENTIALS BUILDINGS INCLUDED IN THE PORTFOLIO
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MARKET VALUE OF RESIDENTIALS BUILDINGS HELD BY INVESTOR (in EUR)
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SIZE OF THE RESIDENTIAL BUILDINGS HELD BY INVESTOR (GLA)
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OTHER AREAS OF THE COMPANY’S OPERATIONS AND ALTERNATIVE INVESTMENT MARKETS (APARTMENTS FOR RENT, SENIOR HOUSES, STUDENT HALLS, DATA CENTRES)
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OTHER ASSETS INCLUDED IN THE PORTFOLIO
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MARKET VALUE OF OTHER ASSETS HELD BY INVESTOR (in EUR)
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SIZE OF THE ASSETS HELD BY INVESTOR (GLA)
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THE LARGEST PURCHASE TRANSACTIONS BETWEEN OCTOBER 2009 AND SEPTEMBER 2019 (THE SUBJECT OF THE TRANSACTION, ITS TOTAL TAKE UP AREA AND MARKET VALUE IN EUR)
Silesia Star i Retro Office House – EUR 113 mln
WTT & Rondo Business Park – EUR 170 mln
Lumen & Skylight – EUR 190 mln
ACQUISITION ACTIVITY ACROSS THE CEE REAL ESTATE MARKETS BETWEEN OCTOBER 2009 AND SEPTEMBER 2019
Overall, Globalworth’s combined real estate portfolio was valued at €2.74 billion as of 30 June 2019, rising to €2.85 billion pro forma for acquisitions as of July 2019. This represents an increase of 11.5% and 16.1% respectively since December 2018. The portfolio’s pro forma geographical allocation is 53.5% for Poland and for 46.5% Romania, reflecting the rapid pace of acquisitions in Poland since Globalworth entered the market at the end of 2017.
Annual income and net profit
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The milestones in the company’s history over the last decade – the key events and achievements that are a measure of the company’s development and success, the scale of development, number of employees now and 10 years ago, new services, new markets etc.
Globalworth has become the pre-eminent office investor in the CEE real estate market through its market-leading positions both in Romania and in Poland. Globalworth acquires, develops and directly manages high-quality office and logistics/light-industrial real estate assets in prime locations, generating rental income from high quality tenants from around the globe. Managed by over 200 professionals across Romania and Poland, the combined value of its portfolio is €2.85 billion, as at 30 June 2019 pro forma for subsequent acquisitions. Over 95% of the portfolio is in income-producing assets, predominately in the office sector, and leased to a diversified array of some 685 national and multinational corporates. In Romania, Globalworth is present in Bucharest, Timisoara, Constanta and Pitesti, while in Poland its assets span Warsaw, Wroclaw, Lodz, Krakow, Gdans
FUTURE PLANS
Globalworth’s activities continue to benefit from a buoyant economic environment and healthy real estate fundamentals in both Poland and Romania. With ongoing expansionary demand from multinational companies attracted to the region, the company considers itself well positioned because of its strategy of offering high quality, well located space, with a long-term tenant orientated approach and a strong focus on localised management.
WHY THE COMPANY DESERVES THE AWARD (IN ONE PARAGRAPH DESCRIBE THE SPECIFIC ACHIEVEMENTS OF THE COMPANY)
Our team continues to deliver on our ambitious objectives, while seeking to consolidate Globalworth’s position as the leading office landlord in the CEE
