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Biris Goran, Kinstellar, and PeliPartners Advise on Global Vision and Globalworth’s Sale of Logistics Portfolio to WDP

Biris Goran, Kinstellar, and PeliPartners Advise on Global Vision and Globalworth’s Sale of Logistics Portfolio to WDP

Romania
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Biris Goran and Kinstellar have advised Global Vision and Globalworth, respectively, on the sale of a logistics portfolio to WDP. PeliPartners advised WDP.

According to Biris Goran, "the seller is a joint venture owned by Global Vision and Globalworth.”

Founded in 2004, Global Vision develops, designs, builds, and manages strategic real estate projects for private and institutional investors in Romania and the CEE.

Globalworth is a London-based real estate company listed on the London Stock Exchange and operating mainly in Romania and Poland.

WDP is a Romanian developer. According to PeliPartners, WDP acquired a portfolio comprising over "135,000 square meters of logistics space and a 300,000 square meter land with potential for development; the total value of the investment is estimated at approximately EUR 110 million."

The Biris Goran team included Partners Daniela Lazea and Sorin Aungurenci, Senior Associate Kira Bujduveanu, and Tax Manager Alin Lazar.

The Kinstellar team included Counsel Catalin Dinu, Senior Associate Corina Stanciu, and Associate Denisa Constantin. 

The PeliParteners team included Managing Associates Alexandra Ionita, Madalina Fildan, and Oana Bucsa and Senior Associates Delia Dumitrescu and Delia Lepadatu.

Romanian Knowledge Partner

Țuca Zbârcea & Asociații is a full-service independent law firm, employing cross-disciplinary teams of lawyers, insolvency practitioners, tax consultants, IP counsellors, economists and staff members. It also operates a secondary law office in Cluj-Napoca (Romania), and has a ‘best-friend’ agreement with a leading law firm in the Republic of Moldova. In addition, thanks to the firm’s dedicated Foreign Desks, the team provides the full range of services to international investors seeking to gain a foothold or expand their existing operations in Romania. Since 2019, the firm and its tax arm are collaborating with Andersen Global in Romania.

Țuca Zbârcea & Asociaţii is providing legal services in every aspect of business, covering all major areas of practice: corporate and M&A; litigation and international arbitration; corporate tax; public procurement; TMT; employment; insurance; banking and finance; capital markets; competition; healthcare and pharmaceutical; energy and natural resources; environmental; intellectual property; real estate; regulatory legal services.

Țuca Zbârcea & Asociaţii is a First-Tier law firm in all international legal directories and a multiple award-winning law firm both locally and internationally. It received the CEE Deal of the Year Award (DOTY Awards 2021) and the Law Firm of the Year Award: Romania (IFLR Europe Awards 2021). 

Firm's website.

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