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LONDON - Globalworth Real Estate Investments Limited, a leading office investor in Central and Eastern Europe, announced Thursday that Fitch Ratings has affirmed the company’s Long-Term Issuer Default Rating and senior unsecured debt rating at ’BBB-’ with a Stable Outlook following its annual review.
The company, which is quoted on the AIM segment of the London Stock Exchange (LON:LSEG), maintains its investment grade status as it continues to operate as a significant office property investor across Poland and Romania.
Globalworth’s portfolio is valued at €2.6 billion as of December 31, 2024, with approximately 98.5% of its assets generating income, predominantly from office properties. The company’s real estate holdings span multiple cities including Warsaw, Wroclaw, Lodz, Krakow, Gdansk and Katowice in Poland, and Bucharest, Constanta and Craiova in Romania.
The company leases properties to more than 650 national and multinational corporate tenants and is managed by over 250 professionals across Cyprus, Guernsey, Poland and Romania.
In the press release statement, Globalworth emphasized its commitment to maintaining a strong balance sheet and a prudent approach to risk management.
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