about us | newsletter | contact | archive | members area
Mirela Iordan, Pfizer Romania
"We expect policy measures aimed at increasing the health status of the population to be»
  News:      POLITICS   |   ECONOMICS   |   ENERGY   |   INVESTMENTS   |   APPOINTMENTS   |   GREEN   |   INFRASTRUCTURE   |   REAL ESTATE   |   AGRIBUSINESS   |   DRIVING   |   CITY LIFE   |   EVENTS   |

Globalworth to become the sole owner of the Green Court Bucharest Campus

Globalworth Real Estate Investments has announced the acquisition of Building "C" of the Green Court Bucharest campus developed by the Swedish group Skanska, a press release shows. The gross transaction value is approximately Euro 38 million and the acquisition is expected to close in Q3-2017.

2017-06-30 10:39:45

Located to the north of Bucharest in the Barbu Vacarescu - Floreasca area, the Green Court Bucharest campus is the first project completed by Skanska in Romania. The campus comprises three class "A" office buildings with a total rentable area of 54.300 sqm. Globalworth is the owner of buildings "A" and "B" of the campus, which it acquired in June and December 2015 respectively. Building "C" has a surface area of 16.300 sqm. At present, companies including General Motors, Orange, Capgemini, ABB, Legand and Merck occupy space in Building "C".

Dimitris Raptis, Deputy Chief Executive Officer and Chief Investment Officer of Globalworth, said: "This marks the third transaction between Globalworth and the Swedish developer Skanska and, following its completion, Globalworth will own the entire Green Court Bucharest complex. Together with the other properties that we own in this area, the Green Court Bucharest Campus further strengthens our commanding position in the north Central Business District of Bucharest, the city's largest and most sought-after office hub. This transaction marks another very important step in attaining our strategic objectives and consolidating our portfolio with modern, high-quality and energy efficient buildings."

Globalworth is a real estate investment company active in the SEE and CEE regions with a prime focus on Romania. The company's portfolio comprises real estate investments valued at 983.3 million Euro at 31 March 2017, all located in Romania.



COMMENTS
There are 0 comments:

 
ADD A COMMENT
 
Name
Email
Comment
Validation Code
   
 
 

0 Comments  |  1647 Views
Daily Info
IULIUS and Visma Software sign deal for 4,200 sqm in UBC 3 building within Openville Timisoara

The IULIUS Company and Visma Software, a Norwegian developer of business management software solutions, have signed a lease agreement for office premises within the United Bus...

Transgaz signs Memorandum of Understanding for the Vertical Corridor

Transgaz hosted the meeting between the representatives of the gas transmission system operators in Greece - DESFA, Bulgaria - BULGARTRANSGAZ, Romania - Transgaz, Hungary - FG...

MOL Group partners with Evonik and thyssenkrupp for the Polyol Project

MOL Group has signed license agreements with Evonik and thyssenkrupp, to produce propylene oxide, a key component for the production of polyether polyols. MOL intends to becom...

C&W Echinox recruits Anamaria Tihu to expand its industrial department

Cushman & Wakefield Echinox consolidates its industrial department by recruiting Anamaria Tihu, a specialist with over 10 years' experience in sales. Anamaria Tihu will act as...

OMV Petrom starts work on new polyfuel unit at Petrobrazi

OMV Petrom says has started construction of a new Polyfuel unit at its Petrobrazi Refinery. The company says the new unit will allow conversion of LPG components into gasoline...

 
 
   
advertising

advertising

advertising

advertising

More on News
Over 19,000 business plans submitted for Start-Up Nation program

Start-Up Nation Government program attracted over 19,000 business plans and a new edition will take place next year, said Ilan Laufer, Minister for the Business Environment...

Sorin Grindeanu hails the support for CVM lifting before 2019

Prime Minister Sorin Grindeanu met at Victoria Palace with the European Commission President Jean-Claude Juncker. The meeting was also attended by the Public Finance Minist...

PM Sorin Grindeanu: 5.7 per cent economic growth - confirmation that the measures taken by the Government are the right

The 5.7 percent economic growth registered in the first quarter of 2017, as compared to the first quarter of 2016, an evolution which exceeds the expectations of analysts a...

President Iohannis to hold political consultation to designate future PM

Parliamentary parties are invited today to the Cotroceni Presidential Palace for consultations with President Klaus Iohannis over the designation of the future prime minist...

EU bank supports expansion of Regina Maria private healthcare network in Romania

The European Investment Bank (EIB) is lending 15 million Euro to support the expansion of a private healthcare network in Romania, a press release shows. This agreement is ...

Vienna Insurance Group posts profit of 110 million Euro in Q1

Vienna Insurance Group reported a profit before taxes of around 110 million Euro in the first quarter of 2017, according to a press release.

Chinese delegation seeks investment opportunities in Romania

Prime Minister Mihai Tudose discussed at the Victoria Governmental Palace on Thursday about the opportunities to invest in Romania with an official delegation of the People...