Globalworth Steps Into Polish Market With Acquisition Of Griffin Premium RE
Romanian real estate specialist Globalworth Real Estate Investments is moving into the Polish market through the acquisition of Griffin Premium RE (GPRE).
Globalworth, which has so far invested solely in Romania, is paying around EUR100 million for a majority stake in the Dutch real estate entity GPRE, which owns Polish office and mixed-use properties.
Globalworth described GPRE as a “pure-play Polish real estate platform that primarily owns high-quality office and mixed-use assets located in Warsaw and across a number of other key cities, notably Wroclaw, Lodz, Krakow and Katowice”. (romanialibera.ro)
Apple Rival Samsung Also Wins If iPhone X Is a HitSouth Korean giant Samsung stands to make billions of dollars supplying screens and chips for competitor’s new phone.
When the iPhone X goes on sale next month, Apple Inc.’s rival, Samsung Electronics Co., has good reason to hope it is a roaring success.
The South Korean company’s giant components division stands to make $110 from for each top-of-the-line, $1,000 iPhone X that Apple sells. (cotidianul.ro)
Strong Wind Across Romania Until Friday Morning
Romanian weather authorities issued an alert for strong wind across the country, from Thursday afternoon until Friday morning.
Strong wind is expected in north-western, northern and central Romania, with gusts reaching 50 – 55 km per hour. (puterea.ro)
Three-Month ROBOR Falls Again
The three-month ROBOR, used to calculate interests on loans in lei with variable interest, on Thursday reached 1.78%, the second consecutive day of slight decrease, according to central bank data.
The index reached 1.8% on Tuesday, the highest level, since November 25, 2014, and has seen an accelerated growth since September 18, 2017 when it reached 1%.
The six-month ROBOR remained constant at 1.87% per year after reaching 1.89% on Tuesday, the highest level since January 7, 2015 when it reached 1.92%. (puterea.ro)