Governance structure

Globalworth is internally managed, with all investment advisory and portfolio management services exclusively provided by Globalworth Investment Advisers Ltd (“GIAL”), a wholly owned subsidiary of the company. The Board of Directors is supported by the exclusive services provided by GIAL, as the Investment Adviser. Asset management services to the company’s real estate portfolio are provided by Globalworth Asset Managers (“GAM”), another wholly-owned subsidiary of Globalworth.

The Board of Directors has an Investment Committee which considers and approves or recommends to the Board (in accordance with a specified delegated authority framework) the following: proposed acquisitions, disposals and developments; capital expenditure budgets and financing arrangements; annual valuations; investment policies and strategy.  Additionally, the Board has a Remuneration Committee, an Audit Committee, a Nomination Committee and a Risk Committee.

The Investment Adviser, GIAL, together with the Asset Manager, GAM, will implement the Investing Policy of Globalworth.