Globex Business Centres Reports Strong 2010 Growth in the Middle-East, Latin America, Asia,Africa

Feb. 18, 2011 - PRLog -- Globex Business Centres Inc. (www.globexcentres.com; Globex: One World, One Office) reported exceptionally strong growth results for 2010 for its core business activities in the emerging markets of the Middle-East, Latin America, Africa and Asia!  

Ms. Lorraine Davidson, Director of Corporate Communications and Investor Relations for Globex stated - "We continue to be strategically well positioned to enjoy the continued growth of the emerging markets.  The growth opportunities of the emerging markets are simply stunning as these markets do not suffer from the significant macro economic problems (current and future) now dominating the western markets (high taxation, slowing growth, surging public and private debt, growing government regulation, an aging population, declining disposable incomes, anti-business environment, etc).  Also, the Globex Master Licensing Program has been well received in the key metro markets throughout the Middle-East, Asia, Latin America and Africa regions and we look forward to our multiple centre openings in those key markets.  All the key drivers of business exceeded our 2010 targets: traffic to the Globex website; referrals from space brokers; inquiries by perspective Master Licensees; completed Master License Agreements; etc.  We are expecially pleased by the quality of candidates contacting us regarding the opportunity to become the Globex Master Licensee for their market/country (e.g. well capitalized and sophisicated investment and commercial property groups).  Once again, it is evident that the "Globex Brand" is well on its way to establishing itself as the number [#2] global brand of business centres and serviced office space in the emerging markets.  For 2011, we look forward to building upon our 2010 successes and specifically we are focusing upon: a) multiple centre openings across the Middle-East, Latin America, Africa and Asia regions; b) finalizing our first Master License Agreements for the all important markets of India and China; c) opening our flagship centre and regional offices for Latin America in Argentina; and d) accessing the equity markets via an IPO/public stock float to fund our continued global expansion of the Globex brand of business centres and serviced office space."

New and Media Contacts

With the corporate mandate to establish 150 plus Globex branded business centres and serviced office space in the all important emerging markets of Latin America, the Middle-East, Africa and Asia - more information related to the Globex Master License Program can be secured by contacting the Director of Licensing at: licensing@globexcentres.com

For media and investor related inquiries, please contact Ms. Lorraine Davidson, Director of Corporate Communications and Investor Relations at: davidson@globexcentres.com

Globex Business Centres Inc. is a proud corporate donor/contributor to the United Nations Foundation (www.unfoundation.org) via the allocation of up to 10 percent of its annual pre-tax profits to this world class charity.