Milbank LLP has advised Globalworth Real Estate Investments Limited (“Globalworth”) and its subsidiary Globalworth Holdings Cyprus Limited on their three-year term revolving credit facility with Erste Group.
Globalworth is an AIM-listed company active in Central and Eastern Europe (“CEE”). It has become the preeminent 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.
The Milbank team was led by European Leveraged Finance/Capital Markets partner Ana Grbec, with associates Peetra Anderson-Figueroa, Simeon-Henri de Vries and Bisade Asolo.