Elektrokontakt Romania (EKR), a subsidiary of ELEKTROKONTAKT GMBH, has leased 14,735 sqm for the next 10 years in Mureș City Logistics, jointly developed by Globalworth and Global Vision. Following this deal, the project has reached full occupancy rate.

Property developer and investor Globalworth has secured new funding worth €160 million from Austrian Erste Group. 

Property developer Globalworth has secured a green loan of €85 million from the IFC, a member of the World Bank, which will be used for the expansion of sustainable projects in Romania. 

Property group Globalworth has inked a 6-year green loan deal worth €85 million with the International Finance Corporation (IFC), which is a member of the World Bank.

Property investor Globalworth has purchased a small business units logistics project previously developed by CATTED in Chitila, near Bucharest. Furthermore, the two companies will acquire a land plot of around 45,000 sqm in Ștefănești for a new logistics investment.

Havi Logistics will open in the coming months a 21,000 sqm distribution center in Chitila Logistics Hub, a project jointly developed by Globalworth and Global Vision near Bucharest. 

Globalworth has announced the acquisition of two industrial projects in western Romania for almost €18 million. The company took over Industrial Park West Arad and Industrial Park West Oradea, with a total area of 27,000 sqm that is fully leased. 

For many market players, 2020 was a year in which investment plans were changed to keep more liquidity in the company. Mihai Zaharia, Head of Investments Romania and Group Capital Markets Director at Globalworth, tells us about the effects of the COVID-19 pandemic on the investment market but also about the future of the Romanian and Polish markets.