WDP acquires a portfolio comprising 136,374 m² of leasable area in standing assets and a large plot for future development with total potential GLA of over 300,000 m² in Greater Bucharest, Constanta, and Targu Mures, Romania, representing an investment of around 110 million euros. The portfolio consists of three Class A warehouse and light industrial projects, let to a variety of high-class tenants. The seller is a joint venture between Globalworth and Global Vision, leading real estate investors in CEE.
Deloitte Romania assisted the Belgian industrial and logistics real estate developer WDP in the acquisition of Global Logistics Chitila, Targu Mures Logistics Hub and Black Sea Vision, from a joint venture between Globalworth and Global Vision. The three acquired entities own a portfolio of assets comprising three warehouse projects of 136,374 sqm and a large plot of land in Constanta, with a total potential gross leasable area (GLA) of over 300,000 sqm, for development in the near future. The transaction was signed in June and closed in July 2024, having an estimated value of 110 million euros.
Global Vision, a leading name in the Romanian real estate sector, with more than 20 years of extensive expertise in construction, development, and asset management, is proud to announce its future plans after the landmark transaction with WDP Romania, a renowned investor in the European real estate market, transaction that consisted in the sale of 136,374 sq m of leasable area and a plot of land in Constanța by the joint venture between Global Vision and Globalworth.
Real estate developers Globalworth and Global Vision are negotiating with the Belgian group WDP for the sale of three logistics parks they jointly own in Romania, according to sources in the market, a transaction that will represent the exit of Globalworth from the Romanian logistics market.
Linia Wood&Metal company opens Linia Projects in a new 6,700 square meters leased space in Chitila Logistics Hub, a project developed by Global Vision in partnership with Globalworth. The industrial park has a total area of more than 77,000 square meters and features extensive storage spaces, customized production facilities, and modern office spaces.
The new facility of Hexing Technologies Europe SRL, a subsidiary of the Hexing Group and a leading green energy solution provider, set within the thriving Timisoara Airport Park, will serve as a hub of innovation, extending Hexing's digital energy service footprint across Europe.
Mediapost Hit Mail, the largest direct marketing company in Romania, has leased 19,000 square meters of space including warehousing and office area in Chitila Logistics Hub, the industrial park developed by Global Vision and Globalworth. In this modern space being part of the park located near the Bucharest ring road, the company will operate logistics and e-commerce services for companies in the retail, FMCG, energy and services sectors.
Elektrokontakt Romania (EKR), a subsidiary of ELEKTROKONTAKT GMBH, is the new tenant in Mureș City Logistics, the most modern industrial project in Mureș area. This milestone achieves a 100% occupancy rate for the strategically located facility developed by Globalworth and Global Vision, leading players in the real estate market in Romania andCentral and Eastern Europe (CEE).
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