Global Vision enters the retail park market and aims to list on the stock exchange

The Global Vision company, founded by entrepreneur Sorin Preda, is in the process of technical and legal analysis for the acquisition of 7 properties with which to enter the retail park market.

"We are in due diligence with 7 properties, both for the acquisition of existing assets and for the development of a retail park from scratch. We are also in discussions with banks for construction financing and we hope to close the transactions this year and start construction next year.

In the case of 4 of these investments, we also have other Romanian investors who are joining us as partners. In order to attract foreign investors, we need a larger portfolio," said Antoanela Comșa, Deputy CEO of Global Vision.

The company was involved, together with its partner Globalworth, in the second most valuable real estate transaction of 2024, which involved the acquisition by WDP of 3 logistics parks in Chitila, Constanța and Târgu Mureș for EUR 110 million.

“We want to develop an investment platform and, possibly, in a few years, to list ourselves on the stock exchange, to attract capital. The fund’s investments will be directed towards all types of real estate assets,” Comșa mentions.

Source: Profit.ro