Hamlins Advises on €144 million AIM fundraising

Ian Binnie, a partner in Hamlins corporate team, has advised boutique corporate finance and capital raising house EastWest Partners (which is focused on emerging markets) and leading international investment bank Cantor Fitzgerald Europe on the €144 million institutional fundraising for AIM-quoted Globalworth Real Estate Investments Limited.

Globalworth is a Guernsey-headquartered, closed-ended real estate fund which joined AIM in July 2013 to take advantage of investment opportunities in the South Eastern Europe and Central and Eastern Europe markets, with a primary focus on properties located in Romania.

The Hamlins team was led by corporate partner Ian Binnie assisted by corporate associate Alice Kingdon. Sidley Austin acted for Globalworth.

Commenting on this latest AIM transaction Ian Binnie said “The London equity capital markets are demonstrating significant appetite for businesses with strong management delivering on their strategies. The Hamlins corporate team is extremely active on a number of AIM transactions acting for both corporates and the advisory teams. Clients are extremely pleased with the depth of our experience and the outstanding value for money we can offer.”

David Hill, co-founder and Managing Partner at EastWest Partners added “This was an important milestone for Globalworth and we were grateful for Ian’s extensive experience in cross-border AIM transactions and the benefit of his commercial approach in closing a complex transaction“.