Local real estate developer Global Vision, controlled by Romanian investor Sorin Preda, has started a €200 million industrial development project on a 100 ha land it acquired last year near Constanta’s port.
The developer plans to build 70,000 to 80,000 sqm of mixed-use facilities every year, reaching 550,000 sqm of total space in six years, according to zf.ro.
The developer is looking for partners for the project, one of the possible investors being Globalworth. Global Vision also developed the Timisoara Airport Park industrial and logistics park currently owned by Globalworth.
