Globalworth Industrial expands its portfolio by purchasing two industrial projects totaling 27,000 sqm from Global Vision. The two traded projects, IPW Arad (Industrial Park West Arad) and IPW Oradea (Industrial Park West Oradea), have a combined area of 27,000 sqm and an occupancy rate of 100 percent. The value of the transactions amounts to almost EUR 18 million.
With the takeover of the two projects, Globalworth Industrial reaches a total portfolio of 260,400 sqm. The occupancy rate of the Globalworth Industrial sub-brand is currently 95 percent.