Globalworth Real Estate Investments Ltd 2023 AR2

The report highlights Globalworth's resilient performance in 2023 despite challenging market conditions, achieving a record year in leasing with 314.4k sqm of space taken-up or extended. The company continued its active investment and upgrade program, investing over ‐43.2 million in its standing commercial portfolio to improve energy efficiency. Notably, 92.5% of its standing commercial portfolio by value is now green-certified, and the Science Based Targets initiative (SBTi) approved its targets to reduce Scope 1 and 2 emissions intensity by 46% by 2030. Financially, the company generated strong cash flow from operating activities of ‐87.3 million and maintained a high liquidity position with ‐396.3 million in cash and cash equivalents.

Company: Globalworth Real Estate Investments Ltd

Sector: Real Estate

Country: Guernsey

Year: 2023

Type: AR2

Pages: 165

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Globalworth Real Estate Investments Ltd

Globalworth Real Estate Investments Ltd 2023 Annual Report and Financial Statements

Annual Report And Financial Statements

The report highlights Globalworth's resilient performance in 2023 despite challenging market conditions, achieving a record year in leasing with 314.4k sqm of space taken-up or extended. The company continued its active investment and upgrade program, investing over ‐43.2 million in its standing commercial portfolio to improve energy efficiency. Notably, 92.5% of its standing commercial portfolio by value is now green-certified, and the Science Based Targets initiative (SBTi) approved its targets to reduce Scope 1 and 2 emissions intensity by 46% by 2030. Financially, the company generated strong cash flow from operating activities of ‐87.3 million and maintained a high liquidity position with ‐396.3 million in cash and cash equivalents.

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Document Details

Report Year

2023

Reporting Period

Jan 1, 2023 - Dec 31, 2023

Fiscal Year

2023

Type

Annual Report with Sustainability Disclosures

Language

English

Pages

 

File Size

 

Standards & Assurance

Reporting Standards

Materiality Assessment

Assurance

Assurance Provider

Assurance Standard

ESG Data?Experimental — AI-extracted data, may contain inaccuracies

Renewable Energy

Employees