Globalworth Asset Managers enters investment agreement with Griffin Premium

Globalworth reported today that its subsidiary, Globalworth Asset Managers SRL, had entered a conditional investment agreement to acquire a majority of the issued share capital of Griffin Premium RE, a Dutch entity listed on the Warsaw Stock Exchange.

The real estate investment company focused on Central and Eastern Europe said the agreement would enable the company to acquire a stake of between 50.01% and up to 67.90%, by way of a public tender offer, subject to closure and completion prior to 31 December 2017.