An update from Globalworth Real Estate Investments ( (GB:GWI) ) is now available.
Globalworth Real Estate Investments has had its long-term issuer credit rating revised by Standard & Poor’s from ‘BB+’ with a Negative outlook to ‘BB’ with a Stable outlook, and its senior unsecured bonds rating adjusted to ‘BB-‘ due to a low interest coverage ratio. The company is focused on strategic initiatives to optimize its property portfolio and improve operational efficiencies, aiming to enhance its interest coverage ratio over time.
More about Globalworth Real Estate Investments
Globalworth Real Estate Investments Limited is a leading real estate company in Central and Eastern Europe, primarily focused on the office sector. Listed on the AIM-segment of the London Stock Exchange, it has a strong presence in Poland and Romania, acquiring, developing, and managing high-quality office properties. The company generates rental income from a diverse range of over 650 national and multinational tenants, with a portfolio valued at €2.6 billion as of December 2024.
YTD Price Performance: 2.32%
Average Trading Volume: 2,380
Technical Sentiment Consensus Rating: Hold
Current Market Cap: €727.3M
Learn more about GWI stock on TipRanks’ Stock Analysis page.