The first logistics unit in the logistics park developed by Globalworth and Global Vision in Chitila was completed and delivered in September 2020.
"The pandemic has accelerated a trend that had already been adopted by Globalworth: the development of technology and digitalization. We have been doing this for many years in all our office buildings and we are happy to implement new technology solutions for Globalworth Industrial, our industrial and logistics sub-brand. This direction helped us to carry out the leasing process online, which confirms that we have built a strong team alongside our partner, Global Vision, and managed to have an effective collaboration with our client on this agreement. We welcome the Green Net team to our community, in a strategically positioned industrial park, with all necessary equipment for the current needs! We are confident that this partnership will be a long-term one”, says Mihai Zaharia, Director of Investments and Capital Markets at Globalworth.
Chitila Logistics Hub is a modern last-mile logistics park of 23,1000 square meters. Built at the highest quality standards, it is located in Ilfov County, near Bucharest. The location benefits from excellent accessibility, being positioned next to the Bucharest ring road which connects the project to the A1 and N7 roads and the city’s central districts.
“We are glad to see that our last-mile logistics project, developed close to Bucharest, continues to be appreciated and to attract tenants. We would like to thank to the Green Net teams for their trust and the good collaboration we had during such challenging times. I should mention that this contract has been agreed almost entirely online. It has been a unique experience for all of us. Fortunately, we have completed the negotiations and now we can announce our new tenant in the park developed by Global Vision and Globalworth. This new lease confirms once again the potential of our last-mile project”, says Sorin Preda, CEO & Founder Global Vision.
Chitila Logistics Hub will have, at the end of the entire project, a total leasable area of over 77,000 square meters. Phases II and III will be delivered at the end of 2021. Green Net is a company with over 20 years of experience in the import and distribution of cosmetics, dermato-cosmetics, food supplements and parapharmaceuticals.
Andreea Gheorghiu, General Manager Green Net: "Green Net wanted to increase its storage capacity by moving its logistics headquarters to a new, significantly larger space. This is why we chose Chitila Logistic Hub, developed by Global Vision and Globalworth. The warehouse has a strategic location and it is entirely built at high quality standards, being included in the A + category, which certifies the high-grade facilities. By this change, we hope to work with a larger number of customers and increase our logistics capacity. Given the facilities of the new logistics center, we are convinced that we will provide services at the highest quality standards, in accordance with the company's strategic vision."
Two other well-known retailers have leased areas of 4,500 and 12,000 square meters for their online sales divisions in Chitila Logistics Hub. For one of them, a cold storage room for food has been already set up, with two temperature-controlled areas: -22 and -6 degrees Celsius.
Globalworth is a listed real estate company active in Central and Eastern Europe, quoted on the AIM-segment of the London Stock Exchange. It has become the pre-eminent office investor in the CEE real estate market through its market-leading positions both in Romania and in Poland. Globalworth invests, acquires, develops, and directly manages high-quality office real estate assets and industrial and logistics parks in prime locations, generating rental income from high-quality tenants from around the globe. Managed by over 200 professionals across Cyprus, Guernsey, Romania and Poland, a combined value of its portfolio is €3.0 billion, as at 30 June 2020. Approximately 94.4% of the portfolio is in income-producing assets, predominately in the office sector, and leased to a diversified array of c.700 national and multinational corporates. In Romania, Globalworth is present in Bucharest, Timisoara, Constanta, and Pitesti, while in Poland its assets span Warsaw, Wroclaw, Lodz, Krakow, Gdansk and Katowice.
Global Vision is a Romanian company, founded 16 years ago by Sorin Preda, which provides development, design, project management and construction services, real estate project management owned by private and institutional investors in Romania and Central and Eastern Europe. Global Vision has developed and built over 1,600,000 square meters and manages approximately 800,000 square meters within the property & facility management division. (source: Global Vision)
