Globalworth net operating income increased by 6.5% to €157.3 million in 2020 and a total combined portfolio value which remained unchanged at €3.0 billion.
The company took-up or extended / renegotiated 303.5k sqm of commercial spaces in portfolio of high-quality properties, representing c.25% of the total standing commercial GLA.
The commercial occupancy remained high at 90.9% (91.7% including tenant options) as at year-end.
Annualised contracted rent reached €183.4 million, of which 91.3% from office and industrial properties.
Rate of collections for rents invoiced and due remained high at 99.0% for the year.