The Global Vision – Globalworth joint venture last week announced the completion of the sale to WDP Romania of 136,374 square meters of lettable area and a plot of land in Constanta, with the potential for development of 300,000 square meters of gross lettable area.
“In the 20 years in business, we’ve developed more than 500,000 square meters of top industrial and logistics space (…). Looking forward, we remain dedicated to developing the logistics and industrial infrastructure in Romania and diversifying our areas of expertise to other real estate segments, as well as other industries, such as energy and technology,” said Sorin Preda, Global Vision founder.
To that end, Global Vision will create a new division dedicated to investment and green power project development.
The group will also develop and launch its own real estate investment platform open to other investors. The platform will fund acquisitions and development of innovative sustainable projects identified in markets with high potential in Romania and beyond, facilitating growth and international expansion, Sorin Preda said.
(English version by Loredana Fratila-Cristescu)