THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION

FOR IMMEDIATE RELEASE

11 March 2024

Globalworth Real Estate Investments Limited

("Globalworth" or the "Company")

Sale of part of logistics portfolio

Globalworth (AIM: GWI), the leading office investor in Central and Eastern Europe, announces that it has entered into an agreement for the sale of part of its wholly-owned logistics portfolio. The buyer is CTP INVEST SPOL S.R.O , a subsidiary of CTP N.V., one of Europe's largest publicly traded industrial and logistics property developers. This disposal represents a substantial transaction under the AIM Rules.

The wholly-owned logistics portfolio comprises five logistic / light-industrial parks with ten facilities in Timisoara, Arad, Oradea and Pitesti as well as a majority stake in two small business units projects in Bucharest. Its disposal in in line with the Company's focus on enhancing liquidity, and reflective of the fact that it is considered a non-core asset of the Group's portfolio. The profits attributable to the SPVs owning the logistics portfolio, for the year ended 31 December 2022 were €7.6m excluding gain/loss on investment property valuation.

The agreement contains a number of customary conditions, all of which are expected by the Company to be fulfilled after signing.

The base consideration payable to Globalworth is €70m, excluding working capital, and following adjustment for associated secured bank loans of €98.2m and other customary adjustments. The final consideration is to be determined depending on the secured loan balance and working capital balance on the closing date and is to be paid in cash by the ​end of May 2024. The sale proceeds will be used by the Company for general corporate purposes.

For further information visit www.globalworth.com or contact:

About Globalworth / Note to Editors:

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 250 professionals across Cyprus, Guernsey, Poland and Romania the combined value of its portfolio is €3.1 billion, as at 30 June 2023. Approximately 96.9% of the portfolio is in income-producing assets, predominately in the office sector, and leased to a diversified array of over 700 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, Oradea and Targu Mures.

For more information, please visit www.globalworth.com and follow us on Facebook, Instagram and LinkedIn.