Growthpoint declines offer for its East European business

SA's largest landlord holds 29.4% of Globalworth Real Estate, an owner of Polish and Romanian offices

SA's largest landlordGrowthpoint Properties, which has exposure to R157bn of assets across five countries, has declined an offer for its East European business, Globalworth Real Estate Investments.

Globalworth owns offices in Eastern Europe's largest markets — Poland and Romania. It is a listed real estate company, quoted on the AIM-segment of the London Stock Exchange. ..A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.

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