Global Vision launches its own investment platform

by   CIJ News iDesk V
2024-07-23   10:51
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Global Vision announced its future plans after the landmark transaction with WDP Romania, a renowned investor in the European real estate market.

“We are at a significant milestone in the evolution of Global Vision, which demonstrates the success we have been able to achieve in all our projects. In our 20 years in business, we have developed over 500.000 sqm of top-class industrial and logistics projects that have become landmarks for major companies around the world. We are proud to announce this transaction with WDP with whom I believe we share the same values: entrepreneurship, passion, integrity, agility, flexibility, trust and responsibility for a sustainable future of the next generations.
As we look to the future, we remain dedicated to contributing significantly to the growth of logistical and industrial infrastructure in Romania and diversifying our areas of expertise in other real estate sectors and industries.
Going forward, Global Vision is creating a new division within the group dedicated to the investment and development of green energy projects. This initiative aims to provide clients with green energy produced within the group itself, reinforcing commitment to sustainability.
Moreover, the group is going to develop and launch its own real estate investment platform open for other investors. This platform will finance acquisitions and developments of innovative and sustainable projects identified by the group in high-potential markets in Romania and beyond, facilitating growth and expansion at international level,” stated Sorin Preda, Founder Global Vision.

Global Vision’s joint venture with Globalworth completed the sale of 136,374 sqm of leasable area and a plot of land in Constanta with 300,000 sqm GLA development potential to WDP Romania. This transaction oversees properties in Bucharest, Constanța and Târgu Mureș, totaling an investment of roughly EUR 110 million. The existing assets consist of four Class A warehouses and light industrial projects, leased to a diverse range of tenants.

Biriş Goran successfully represented its long-standing client, Global Vision, in the sale of the portfolio. Biriş Goran’s team comprised Daniela Lazea and Sorin Aungurenci (Partners, Real Estate), Kira Bujduveanu (Senior Associate, M&A/Corporate) and Alin Lazăr (Tax Manager).

"Representing Global Vision in this landmark transaction is another proof of our firm's thorough commitment to solid quality work and our clients’ trust in our expertise and command of real estate and M&A matters. I am proud to have facilitated this significant deal, underscoring our longstanding relationship with Global Vision and our ease in navigating complex legal landscapes,” stated Daniela Lazea.

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