Coffee with Craig Show – daily CRE news covering the CEE region, Tuesday, January 24, with Winston Norman, Editor and Chief of EuropaProperty.com.
Global Vision buys office building in Bucharest
Romanian industrial developer Global Vision has purchased the Nova Building office project in northern Bucharest, with the overall investment in the building set to exceed €12 million.
Following the acquisition, Nova Building will be refurbished and rebranded as Corner Office Building. The project has a leasable area of around 7,000 sqm and its tenants include Oppo and NAI Romania.
“We chose this building, primarily to have our own space, where we can optimize the activities of our three divisions – Real Estate Development, Construction and Asset & Property Management,” said Sorin Preda, CEO & Founder of Global Vision.
Modern concepts that combine work with urban life and provide easy access to co-working, co-living, socialising and well-being spaces would bring more balance between the professional and personal life according to a survey run by Genesis Property last October.
The modern-campus concept is an integral part of Genesis Property’s strategy. Currently, the company is in the process of transforming Novo Park into YUNITY Park, which started in April 2022.
“The campus of the future concept is beneficial for both employees and residents. Compact projects can be quickly crossed on foot. We are talking about areas where people can easily access the services and facilities they need, within a few minutes’ walk,” said Andreea Petre, Cost & Contract Manager, at Genesis Property.
VGP Park Bratislava welcomes Dirks Consumer Slovakia
VGP has handed over the first phase of VGP Park Bratislava to the logistics company Dirks Consumer Slovakia. The company has leased all of Hall A with a total area of 43,320 sqm. It will be used as a warehouse and distribution point for pet food and pet supplies. The new hall was built at the BREEAM Very Good green certification level.
Naďa Kováčiková, VGP’s Sales Director for Slovakia, comments: “Our company is committed to becoming carbon neutral by 2025.”
Seven halls are gradually being built to make up VGP Park Bratislava I. Together, they will offer more than 250,000 sqm of lettable area.