Globalworth Reports Resilient H1 2024 Financials
Company Announcements

Globalworth Reports Resilient H1 2024 Financials

Globalworth Real Estate Investments (GB:GWI) has released an update.

Globalworth Real Estate Investments, a dominant office investor in Central and Eastern Europe, has announced its interim financial results for H1 2024, revealing a combined portfolio value of €2.7 billion, despite market challenges and a strategic focus on sustainability and liquidity through asset divestment. The company saw a decrease in portfolio value by 8.3% mainly due to non-core disposals, with an average occupancy rate of 86.1%. Amidst difficult market conditions, Globalworth continues to adapt, including launching a flexible office concept in Poland.

For further insights into GB:GWI stock, check out TipRanks’ Stock Analysis page.

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