News Article Bucharest Bucharest Airport Park Global Vision industrial Romania Sorin Preda
by Property Forum | Industrial

Romanian developer Global Vision will invest €70 million in Bucharest Airport Park near Otopeni Airport. The first development phase of the new logistics project will kick off this year and the first warehouse could have a leasable area up to 10,000 sqm, depending on demand, said Sorin Preda, Global Vision’s CEO, according to

The company aims to attract small and medium-sized firms in the new project and might add a cargo terminal in the long term.

Global Vision has a development pipeline of 100,000 sqm in 2022 in various projects located in Bucharest, Constanța and Timișoara. The company has developed 1.6 million sqm in Romania to date.