Biriş Goran advises on an important real estate project for the Romanian market

Biriş Goran successfully represented its client, Global Vision, in a large transaction having as purpose the association with Globalworth for the development of an important real estate project.

The parties established the cooperation for the development of a logistic project in Chitila, totaling up to 77,140 square meters of leasable area. The project will be launched under the Global Logistics brand.

Biriş Goran’s team comprised Daniela Lazea (Partner – Real Estate practice), Ruxandra Jianu (Tax Partner), and Teodora Moţatu (Senior Associate – M&A Corporate Matters).

Daniela Lazea stated: "We are thrilled to have assisted Global Vision in a complex transaction pointing out to the maturity of the Romanian real estate market. We  assisted our client in one of the most important logistic centers transaction, which will lead to the development, together with Globalworth, of a project based on a mutual long-term cooperation of the involved parties, connected to a significant investment on the Romanian market as well.”

Sorin Preda, CEO Global Vision said: “We thank our consultant for a successful transaction. We are delighted with the collaboration and hope to repeat it in the next steps and transactions of our group.”