Globalworth Real Estate Investments Limited announced the acquisition of Spektrum Tower in Warsaw by Globalworth Poland. Spektrum Tower is a high-rise office building in the heart of the Warsaw Central Business District with a gross leasable area of 29,500 sqm, annual contracted rental income of €6.3 million, occupancy of 93% and a weighted average lease length of approximately five years. The project underwent extensive refurbishment in 2015 when it was converted into a multi-tenanted building, and now hosts over 60 companies. The total transaction consideration (including repayment of existing debt in the company owning the asset) is €101 million. This will be funded from GPRE's existing cash resources. This acquisition represents a substantial transaction pursuant to the AIM Rules.