Globalworth, the leading office investor in Central and Eastern Europe, supports the Ukraine war humanitarian relief efforts, by offering 12,000 square meters of its portfolio in Romania and Poland under the SPACE FOR UKRAINE motto.
The spaces will be used to accommodate refugees and provide them with related logistical support as well as depositing and sorting the donations. They will be operated by local authorities such as the City of Warsaw and the City of Bucharest and NGOs, such as the Red Cross Foundation and Geeks for Democracy.
In Romania, Globalworth is offering two office floors in the BOB office building in Bucharest which can host up to 700 refugees and a logistics space in Chitila Logistics Hub, where donations will be stored and sorted before reaching those in need. In Poland, the Warta Tower office building will host up to 500 refugees.
The growing humanitarian crisis in Ukraine with millions of refugees crossing the Polish and Romanian borders is a real tragedy that requires meaningful actions that can make a positive difference. At Globalworth, we have always stood by those in need and it could not be different now as this unimaginable crisis continues to unfold. Providing shelter for refugees and storage for food and medical supplies is the first step in our humanitarian relief efforts, but as the needs of those affected change, we continue to look at different ways in which we can help. We hope that a peaceful resolution will be achieved the soonest possible, states Dimitris Raptis, Globalworth Group CEO.
Globalworth is a listed real estate company active in Central and Eastern Europe, quoted on the AIM-segment of the London Stock Exchange. It has become the pre-eminent office investor in the CEE real estate market through its market-leading positions both in Poland and Romania. Globalworth acquires, develops and directly manages high-quality office and industrial real estate assets in prime locations, generating rental income from high quality tenants from around the globe. Managed by over 240 professionals across Cyprus, Guernsey, Poland and Romania, a combined value of its portfolio is €3.2 billion, as at 31 December 2021. Approximately 95.9% of the portfolio is in income-producing assets, predominately in the office sector, and leased to a diversified array of over 660 national and multinational corporates. In Poland Globalworth is present in Warsaw, Wroclaw, Lodz, Krakow, Gdansk and Katowice, while in Romania its assets span Bucharest, Timisoara, Constanta, Pitesti, Arad and Oradea.