Globalworth Poland Real Estate NV (WSE:GPR) agreed to acquire Blackwyn Investments Spólka Z Ograniczona Odpowiedzialnoscia from SOF-10 Quattro NL B.V. for approximately €140 million on May 9, 2018. The consideration will be paid in cash. The consideration is adjusted to reflect in-place cash, debt and the working capital position at completion. Globalworth Poland may either repay or refinance the existing bank loan granted by Bank Polska Kasa Opieki S.A. Business Park had annual rental income of €10.7 million. Deal is subject to finalizing the transaction documentation and agreeing the remaining conditions between the parties, including the purchase price for the shares of the company owning the asset, obtaining internal corporate consents and obtaining the decision of the President of UOKiK (Office of Competition and Consumer Protection in Poland) on granting clearance to the transaction. As on June 18, 2018, Office of Competition and Consumer Protection approved the transaction. Andrew Potts of Panmure Gordon (UK) Limited acted as nominated financial advisor and joint broker whereas Stuart Klein of Jefferies acted as joint broker for Globalworth Real Estate Investments Limited, parent company of Globalworth Poland Real Estate N.V. Globalworth Poland Real Estate N.V. (WSE:GPR) completed the acquisition of Blackwyn Investments Spólka Z Ograniczona Odpowiedzialnoscia from SOF-10 Quattro NL B.V. on June 21, 2018. The transaction has been funded from existing cash resources.