global vision-corporate profile

Global Vision is not just another name on the Romanian real estate market. We are a firm with modern management, a strong vision and a drive for success. We think outside the box and defy the rules that have made international players complacent. We believe that commitment, drive and flexibility represent the key to achieving corporate success.

Our position and status is the result of dedication and hard work by a team of young professionals, whose principles of efficiency, excellence and customer understanding have never waivered. We set ourselves apart from our competitors by focusing on the full life cycle of a building. Our work is not finished when the last brick is laid, instead we shift our attention to the next stage: taking care of its tenants, ensuring the prosperity of our clients and continually improving our properties. We relish building long lasting relationships with our clients and are committed to achieving these shared goals.

The best people, together with a philosophy of integrity, communication and teamwork are the keys to a successful project and partnership. Not only do these values ensure we stay on schedule and within budget, but they allow us to foresee problems, find solutions and fully take advantage of opportunities that present themselves.

We have been committed to upholding these principles since Global Vision’s inception and look forward to exceeding expectations for years to come.

Sorin PredaManaging Director

CONTENTS

aBOUT

GLOBaL VISION4Specialized in integrated property development and property management solutions for medium and large scale investments

COMPETITIVE

aDVaNTaGE 8Committed to providing

integrated solutions for the entire life cycle of a property

PROPERTY

DEVELOPMENT 14Acting in two major categories of real estate development in Romania: land development

and building development

MaJOR

PROJECTS

Office buildings, residential compounds, industrial

properties, commercial galleries, educational

campuses, sports facilities

PROJECT MaNaGEMENT &

BUILDING CONSTRUCTION22Specialized in large scale buildings and complex construction and infrastructure projects

PROPERTY

MaNaGEMENT

Providing a comprehensive range of property and facility management services for institutional or individual property owners

36

28

global vision4

aBOUT

GLOBaL VISION

corporate profile 5

Global Vision is a group specialized in integrated real estate solutions for property development and property management of medium and large-scale investments.

global vision6

Global Vision is a group specialized in integrated real estate solutions for property development and property management of medium and large-scale investments:

office buildings, mixed development projects: office, commercial, residential, commercial properties: malls, parking buildings industrial properties: warehouses, plants, service areas.

Global Vision’s activity is structured on three interconnected areas of expertise:

Property DevelopmentBuilding Construction & Project Management Property Management

Established in 2004, by a group of highly experienced specialists, with 30-year+ cummulated experience in the field of real estate development and management, Global Vision has been, over the years, instrumental in designing, delivering and supporting property infrastructure for some of the most prestigious private and institutional investors in Romania.

The fastest growing property management company in Romania, Global Vision has founded the Romanian Institute for Property Management, which aims to establish industry rigorous standards, to train and build a new generation of property management professionals, able to deliver the entire range of tasks composing one of the most important branches of real estate services.

Global Vision’s clients include private organizations and individuals, government institutions, and real estate developers who seek industry-leading experts with proven results, able to deliver cost effective property development and efficient property management services. The portfolio comprises Omnilogic, Vodafone, OMV, G4S, Willbrook International, Euromaster, Romanian Basketball Federation, Raiffeisen Bank, The Romanian Cricket Council, FAN Courier, Hewlett-Packard, National Bank of Greece, Upground Estates, Bancpost, Romtelecom, etc.

Indemnity InsuranceGlobal Vision understands that clients have a legitimate claim to safeguards. Consequently, they are provided with a Professional Indemnity Insurance per event and in annual aggregate throughout Romania.

aBOUT

GLOBaL VISION

Specialized in property developmentproperty management

for large scale investments

corporate profile 7

MissionGlobal Vision is committed to a shared future where new communities and life supporting environments are developed for the use and benefit of individuals and organizations. Global Vision’s philosophy is that sound business relationships occur when both sides are deriving value from one another.

VisionGlobal Vision aims to become the most trusted real estate integrator in the region, by providing world-class property development, building construction and property management services.

On a medium term, the organization plans on becoming the premiere real estate resource, for medium and large-scale investments: office buildings, mixed-use development projects, commercial properties and industrial properties.

Working PrinciplesThe goal that drives Global Vision is to establish long lasting client relationships, built on exceptional customer understanding, superior services and, above all, trust, integrity and excellence.

The first working principle guiding the company is to continuously improve quality and introduce innovations and initiatives to cater to changing needs and trends in the property market, with the aim of providing the best solutions for clients.

Global Vision is committed to providing an ethical and professional service, entirely tailored on its clients’ needs.

Global Vision aims at full compliance and respect for all community, environmental and legal requirements.

The company strives at providing an inspiring, safe and healthy working environment for its employees, where every individual can professionally develop in line with the company’s objectives and their own career plans.

Global Vision aims to become the most

trusted real estate solutions’ integrator.

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COMPETITIVE

aDVaNTaGE

corporate profile 9

Global Vision’s distinctive competitive advantage relies on its capability of providing truly integrated solutions for the entire life cycle of a property.

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COMPETITIVE

aDVaNTaGE

Integrated real estate solutions for a property’s entire life

cycle

PropertyDevelopment

BuildingConstruction

Property Management

Global Vision regards its clients as partners hence its interest in identifying the needs corresponding to each stage of the property’s growth. In answering those needs, Global Vision has developed the required expertise to provide integrated property solutions, comprising property development, building construction, and property management.

Global Vision has a consistent portfolio encompassing all three aforementioned areas of proficiency. This allows the organization to grasp both the details and the whole property picture and to take advantage of every opportunity for creating value and delivering outstanding results.

Global Vision has secured its competitive advantage through modern management, hard work, commitment and flexibility, guided by a strict code of conduct, placing the company on the right path towards fulfilling its vision.

Excellence is an advantage in itself, but in today’s world excelling in just one area is not enough. Global Vision believes in delivering the full package - integrated real estate solutions for a property’s entire life cycle.

Bucharest

Sofia

Belgrade

Budapest

BratislavaChisinau

corporate profile 11

Focused on standards compliance, technical

competence and professional training

Focusing on quality and service commitment, standards compliance, technical competence, and professional training, the code of conduct influences the way the company works and relates with its customers.

Global Vision’s code of conduct requires the following are always observed:

Customer understandingGlobal Vision defines customer understanding as a win-win approach. If the company provides clients with the optimal solution for their business they, in turn, will come back for future projects.

When signing a new property - whether it is real estate development, project management, building construction, or property management - Global Vision team works closely with client to understand his business needs and long-term strategies, this allowing it to provide an integrated and cost-effective, future proof solution.

There are many dimensions to corporate life that translate in the form, utility and feeling of the working environment surrounding a person and understanding what everyone needs is a challenging task. Global Vision anticipates a client’s daily activity stream, imagining the actual living and working within company’s concept walls. It is an exercise of imagination that takes Global Vision from just suppliers to fully-fledged partners.

Understanding customers is a comprehensive management process, part of Global Vision’s Kaizen philosophy, and it often ends with the building of lifetime relationships.

Standards Compliance & Quality ControlWhether looking at manufacturer and industry standards, sound testing, best practices, or customer care, these requirements are viewed by Global Vision as essential minimum expectations of a property developer, contractor or property manager.

Global Vision’s accredited specialists and commitment to customer service ensures that these standards are not simply met but are well exceeded.

Faithful to its mission, as of May 2007, Global Vision has designed and implemented the certified Quality & Environment Management System. The Quality & Environment Management System is one of the central concerns of the company’s management team, whose members improve it constantly

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Policies concerning social responsibility,

health and employees’security

by implementing meaningful procedures whenever opportunities are identified.

Global Vision’s commitment to international conventions on human rights has originated a Social Responsibility Management System, whose certification was obtained on July 2nd 2009. Moreover, the management takes full legal and moral responsibility for its employees and all individuals affected by the activities of the company, and has decided to design and implement a Health & Security Management System, whose certification had been obtained in April 2009.

OHSAS 18001:2007ISO 9001:2008ISO 14001:2005SA8000

Global Vision policies concerning social responsibility, health, and employees’ security are in line with the fundamental human rights, as stated by the main ILO Conventions, as well as international and homeland regulations, and abide by the SA8000:2008 and SR OHSAS 18001:2008 standards.

Technical Competence & TrainingGlobal Vision’s code of conduct requires all project managers and engineers to be trained and have a minimum of 5 years experience of real estate development and network infrastructure. They must also have the relevant manufacturer product knowledge and training. Health & safety procedures are strictly followed to endorse industry recognized standards.

Senior project managers and engineers are also required to keep abreast of new technologies and industry developments, ensuring that clients are able to benefit from the most cost-effective and future-proof solutions.

Global Vision constantly organizes on-site technical training sessions and offside management training workshops to ensure not only the continual professional knowledge, but also the management dedication towards the company’s goals and objectives.

The company’s preoccupation towards the developing of its employees and supply-chain staff, both technically and from a management point of view, had lead Global Vision to partner with an established training provider, Corporate University.

Launched in 2005, Corporate University benefits today of a rich portfolio of programmes and an outstanding team of professional trainers, who cover a variety of business subjects structured into the following schools:

School of Management and LeadershipSchool of Marketing & BrandingSchool of SalesSchool of Customer ServiceSchool of FinanceSchool of Communication


Warranty Promise Service Level

Agreement

Project ManagementEnsuring a project runs smoothly, on time and within budget requires experienced project management. At Global Vision, this process starts well before a contract has even been won!

From initial idea, right through to testing and completion, an experiencedProject Manager will work with all parties each step of the way, taking responsibility for a successful completion. Project management is important in all areas of corporate activity and all industries, but particularly so in real estate development and property management. Both at pre- and post-construction stages, when it comes to buildings, there is an entire plethora of people, companies, tasks and objectives to be reached and successfully managed.

In real estate, project management is a multi-disciplinary activity that requires knowledge, technical understanding, strong management skills and outstanding organizational competence. Global Vision strives to deliver them all, in all areas of work.

Customer ServiceAt Global Vision, customer service is everyone’s job, not a department’s. Each staff member is trained and committed to providing the best possible service to clients. Whether ensuring that service levels are met, or offering open, friendly advice, a client dedicated account manager will always be on hand.

Furthermore, the company’s geographic focus - Bucharest area and main cities - enables Global Vision to provide a better, more focused, fully managed service at competitive costs.

Warranty Promise and Service Level AgreementGlobal Vision offers its clients very strong construction, systems and usage guarantee.

Underwritten with vendors, based on back-to-back agreements, this warranty is one of the most comprehensive programmes available, combining all of the key elements of the infrastructure.

Manufacture Accreditations & Technology PartnersFor quality assurance of products used, Global Vision establishes partnerships with trusted industry leading manufacturers and distributors.

All third parties are required by the manufacturers to complete extensive training to ensure familiarity and standards adherence.

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PROPERTY

DEVELOPMENT


Property Development is an operating business unit of Global Vision, acting in two major categories of real estate development: land development and building development. The client portfolio includes G4S, Euromaster, Omnilogic, BOB Tower, Romanian Basket Federation, and The Romanian Cricket Council.

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PROPERTY

DEVELOPMENT

Global Vision has an extensive experience in all phases of various types of property development. This makes the company qualified to understand and bring successful resolution to all possible issues that emerge in the development process.

Global Vision appraises development concepts, assesses the risks involved in them, and structures control parameters ensuring strict technical and management standard compliance, while efficiently managing the entire property development process.

Global Vision can deliver specific services for the two major categories of real estate development in Romania: land development and building development.

Land DevelopmentLand development denotes the acquisition of natural or unimproved land, often referred to as raw land, real property with no improvements or infrastructure, with the intention of developing it through utility connections, roads, earth grading, covenants, and entitlements for subsequent building developments. Once these improvements have been made to the raw land, it is then subdivided and sold piecemeal at a profit to building developers or individuals.

Building DevelopmentGlobal Vision acquires or facilitates the acquisition of raw land, improved land, or other types of properties in order to initiate building development projects. Once built, they are sold entirely or partially to other parties, or retained as assets to produce cash flow via rent and others means.

Complete range of services for land

development and building development.


Bucharest

Sofia

Belgrade

Budapest

BratislavaChisinau

The Property Development division has expertise in all functional stages of real estate development, starting from market research and site selection, property acquisition and entitlements to construction management and sales & leasing management. It is structured on seven areas of expertise:

design

site selectionsales & leasing management

market researchmarketing & communication management

property acquisition & entitlementsconstruction management

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Market research and site selection

Market ResearchGlobal Vision understands the importance of doing a thoroughly documented research, since it is quintessential to determining the viability of the project and the profit for the stakeholders.

The company assesses the profitability & economic potential of the investment based on the defining aspects of each project, such as: investment and property type, investment location, industry, client and client’s needs, micro- and macroeconomic environment, etc.

Within the market research stage, Global Vision investigates the project’s potential, by providing a realistic appraisal of all costs and benefits involved in the proposal and by forecasting the profit and the required capital investment.

The Market research function of the Property Development department consists of:

Comparison models for optimal selectionProfitability and economic potentialSupply and demandScope of competitionProject potentialPresent and future analysis

Site SelectionThe Site selection process begins by establishing clear objectives and requirements. Based on these milestones, Global Vision performs a site search, creates a shortlist containing the fittest properties for the specific project, and confronts it with the information on real market and site conditions, as well as on their legal status.

The company makes sure every aspect of each site is discussed and thoroughly evaluated, from feasibility study to risk analysis and cost modeling, and proceeds to property acquisition only after all client requirements are met. That is because the project’s location has a significant bearing on the investment’s success.

The Site selection function of the Property Development department consists of:

Site investigationControl system planningAnalyzing physical conditions (load-bearing capacity, access and drainage, connection with appropriate utility services, etc.)Legal conditions and restrictionsFeasibility studyLabor and demographic assessmentsSensitivity and risk analysisCost modeling


Property acquisition and entitlements,

construction management, sales & leasing management

Property Acquisition & EntitlementsGlobal Vision’s representation typically extends beyond negotiating and preparing acquisition agreements. It also includes the analysis of entitlements, regulations, third party liability and environmental issues, and the coordination of a comprehensive due diligence review. Thus Global Vision makes sure gains the appropriate knowledge of each aspect of the property before acquiring, eliminating risks and unforeseen elements.

The Property acquisition & entitlements function of the Property Development department consists of:

Acquisition:Legal consultingTax planningInvestment adviceProperty acquisition (negotiations / closures)

Entitlements:Due diligence: financial, title, zoning, environmentalAcquiring documents, certificates and permitsRoad approvalsUtility approvalsLandscaping approvals

DesignThe Design function is a constitutive part of the Project Management & Building Construction department, and is discharged whenever a distinct department of Global Vision requires it.For more information, please consult the Project Management & Building Construction section of the present brochure.

Construction ManagementThe Construction management function is a constitutive part of the Project Management & Building Construction department, and is discharged whenever a distinct department of Global Vision requires it.For more information, please consult the Project Management & Building Construction section of the present brochure.

Sales & Leasing ManagementThe Sales & leasing management function is a constitutive part of the Property Management department, and is discharged whenever a distinct department of Global Vision requires it.For more information, please consult the Property Management section of the present brochure.

Marketing & Communication ManagementThe Marketing & communication management function is a constitutive part of the Property Management department, and is discharged whenever a distinct department of Global Vision requires it.For more information, please consult the Property Management section of the present brochure.

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BUILDING CONSTRUCTION


Project Management & Building Construction is an operating business unit of Global Vision, acting in three major areas of expertise: building construction, civil engineering, and industrial construction. The client portfolio includes G4S, Euromaster, Omnilogic, PGV Tower, and Romanian Cricket Council.

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Building construction, civil engineering,

industrial construction

Construction is one of Global Vision’s core competencies. The Project Management & Building Construction department provides construction management in the field of building construction, civil engineering and industrial construction.

The company’s construction operations comprise all type of build environment, from tall residential buildings and large-sized office projects to innovative company headquarters and efficiently designed and executed industrial facilities.

Building ConstructionFar from being a single activity, large scale building constructions, such as those in which Global Vision is specialized, represent an elaborate, multitasking activity. It involves numerous specialists, from design engineers to project architects, construction engineers, project managers and workers. Given its complexity, it requires a high level of building construction experience, engineering acumen, outstanding architectural knowledge, as well as planning, financial control and project management proficiency.

Civil EngineeringThrough its civil engineering area of activity, Global Vision models the urban landscape: from alleys to highways, from canals and damns to bridges. The company’s civil engineering work provides the infrastructure necessary for all types of constructions: public property, residential associations, commercial buildings, industrial sites or individual homeowners.

Industrial ConstructionGlobal Vision has developed an extensive expertise in building industrial and mixed-use facilities for large companies operating in IT, financial, security, real estate, and automotive industries. The company provides custom-tailored building solutions, which meet the characteristic requirements of client’s business.

Building construction, civil engineering, and industrial construction are some of the most challenging activities from a management viewpoint, since they involve a large number of people, of all educational backgrounds and, many times, different nationalities and cultures.

That is the reason a real estate investor is bound to choose an experienced, successful contractor, with a track record of large-scale projects completed on time and within the agreed budget. Global Vision prides itself in being such a contractor, and the numerous and prestigious projects in which it acted as general contractor speak for themselves.


BUILDING CONSTRUCTION


Bucharest

Sofia

Belgrade

Budapest

BratislavaChisinau

Renowned for its ability to both construct new buildings and refurbish existing ones, Global Vision builds quality and safe solutions, together with trust and long term relationships by creating added value to customers.

The Project Management & Building Construction division is structured on five operational functions:

construction management

design

financial management project management

procurement & supply-chain management

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Project planning, implementation

planning, architectural design

Project ManagementProject management is important in all areas of corporate activity and all industries, but particularly so in real estate development and property management. Both at pre- and post-construction stages, when it comes to buildings, there is an entire plethora of people, companies, tasks and objectives to be reached and successfully managed.Global Vision’s developed a multi-disciplinary team that possesses technical experience, outstanding management skills and organizing competence, which are imperative assets in delivering all project management activities, from legal consulting and project planning to budgeting and implementation planning.

The Project management function of the Project Management & Building Construction department consists of:

Legal consultingProject strategy and planningProject set up and controllingRisk management Project scheduling policies and proceduresStrategic planning optionsDefinition of facility and site needsFinancing and budget planningImplementation planning

DesignGlobal Vision acknowledges that design reflects not only client business needs, but also status and reputation. Therefore Global Vision creates functional properties that are both aesthetically powerful and eco friendly. Global Vision conceives designs that ensure properties achieve energy efficiency, thereby lowering operating costs and demonstrating corporate social responsibility.

The Design function of the Project Management & Building Construction department consists of:

Architectural designEngineering review and approvalBill of quantities

Construction ManagementGlobal Vision uses the latest, most efficient and reliable construction processes and procedures, thus ensuring that projects deliver on client expectations and that the most innovative concepts become reality.The Construction management function focuses on the coordination of all building activities, according to budgets, deadlines, industry quality standards, and legal safety regulations, while providing the most solid and ingenious building engineering solutions.

Last but not least, the Construction management function makes sure all human resources contributing to the construction process are utilized efficiently.


Coordinating site activities offering

engineering solutions, coordinating speciality

contractors

The Construction management function of the Project Management & Building Construction department consists of:

Coordinating and controlling all the site activitiesCoordinating specialty contractorsFinancial planning and cost controlling; reportingInteraction with architects and engineersGathering and evaluating bidsQuick adaptation to design changesEngineering solutionsAcquisition of permits and the associated inspections

Procurement & Supply-chain ManagementGlobal Vision succeeds in acquiring high quality products and services at competitive costs, thanks to its solid relationship with renowned suppliers. This allows the company to obtain better prices and achieve greater efficiency in the procurement and supply-chain management process.Moreover, based on projections of future market prices and demand, Global Vision is able to optimize the level of inventory and minimize total costs during the course of a project.

The Procurement & supply-chain management function of the Project Management & Building Construction department consists of:

Acquisition management:Acquisition policies, procedure and formsPricing and contractingEquipment and material acquisition managementInvoicing and collection; reporting and consulting

External contractors’ management:Management of outside contractorsStocks and inventory managementStock management servicesIdentification and control of owner’s propertyEfficient stocks and inventory operation

Financial ManagementGlobal Vision established strict financial controlling regulations in order to guarantee that funds are used properly and no unforeseen or unjustified overspending takes place. Financial reporting is regularly performed so as to keep clients appraised on how their finances are being used. Audits are performed to collate financial records and documents, to archive and systematize them, and to disclose any possible issues.

The Financial management function of the Project Management & Building Construction department consists of:

Planning and cost estimationCost management reporting and proposed cost-cutting scenariosControlling, budgeting and accounting reportsEconomic evaluation of facility investmentSupplier auditing and reportingEnsuring compliance with laws and regulations

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PROPERTY

MaNaGEMENT


Property Management is an operating business unit of Global Vision, providing a comprehensive range of property and facility management services to major clients such as BOB Tower, BOC Tower, Upground Residential, Olympus Tower, G4S, City Mall & South Center Parking.

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Full-service Property Management

department

Global Vision is aware that property management is composed of an entire set of interconnecting activities that surpasses in scope and required expertise the facility management.

Consequently, the company has developed a full-service Property Management department that provides a comprehensive range of property and facility management services for private property owners, historic customers and new clients.

The Property Management department was set up to cater for the ever increasing property owners demand to manage their asset and maximize the income potential of their investment. This is particularly necessary for multi-tenant properties, such as office buildings, commercial buildings, industrial properties, residential and mixed-use buildings.

From facility management to procurement services, from tenants’ liaison to financial management, Global Vision combines all property management services under a single point of contact, increasing the property’s life span, improving services, increasing revenue base and maximizing customer satisfaction, while reducing clients’ costs.

Global Vision places a great emphasis on maximizing yields and takes pride in knowing that the assets entrusted to it benefit from outstanding management.

PROPERTY

MaNaGEMENT


Bucharest

Sofia

Belgrade

Budapest

BratislavaChisinau

The Property Management division is structured on seven areas of activity, thus covering both landlords’ and tenants’ needs and requirements.

financial management

sales & leasing managementlegal management

facility managementadministration & it management

marketing & communication managementprocurement & supply-chain management

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Building management, technical maintenance,

safety & security, cleaning services

Facility ManagementProperty Management includes a complex set of services that requires close attention to both strategy and small details of a property’s daily life. One of the most important and visible part is Facility management.

Through this function, Global Vision makes sure properties are in great operational and physical shape, while the tenants benefit from uninterrupted comfort and safety. Department’s certified personnel supervises all service provision activities, manages all third-party property service providers, including the relevant tender processes. It develops and coordinates mandated maintenance to ensure full compliance with all safety laws.

The Facility management function of the Property Management department consists of:

Building management:Operational policies, procedures & formsManaging operations for legal licenses (ISCIR, PRAM, RSVTI)BMS (Building Management Systems) operation, maintenance and upgradeReception servicesSpace managementTransformation & repair projects managementOperational reporting & operational input for a varied range of developments

Technical maintenance:Technical policies, procedures & formsMechanical systems’ (HVAC, elevators) maintenancePower systems’ maintenanceLife and safety systems’ maintenance (smoke and fire detection, signage and evacuation)Business continuity plans & emergency scenariosTechnical reportingManaging subcontractors

Safety and security:Safety policies, procedures &forms24/7 security on-site24/7 security monitoring and intervention in case of emergencyManagement of control access facilities, including parking accessSecurity reporting

Cleaning services:Building cleanliness (interior and exterior, including façade)Façade cleaningGreen areas maintenanceWaste disposalSnow removalPest and rodent control


Sales and marketing strategy, contract

monitoring, pricing

Sales & Leasing ManagementGlobal Vision is committed not only to maximizing profits for its clients, but also to lessening the burden they carry by taking responsibility for sales and leasing.

The Sales and leasing management function ensures a property maximizes its revenue potential. Its significant role becomes evident for multi-tenant properties such as shopping centers and residential buildings where tenant migration rate is higher and the rental term shorter.

The Sales & leasing management function of the Property Management department consists of:

Sales and leasing policies, procedures and formsComplete sales and leasing services, from lease negotiations, to lease execution to renewalTenants’ liaisonContract monitoring and contract managementSales and leasing reporting and consultancy

Marketing and Communication ManagementIn order to become attractive and profitable, a property has to be marketed and communicated as a unique product that can answer the needs of the corresponding target.

The Marketing and communication management function delivers specific actions from product management (market survey, asset positioning, and pricing) to PR and communication deliverables.

The Marketing and communication management function of the Property Management department consists of:

Strategic property marketing:Market surveys and analysis, including competitive intelligence auditingPerformance benchmarkingAsset positioning and messagingTarget audience and tenant profilingPricingConsulting for amenities packages and sustainable product design

Communication and public relations:Communication and PR strategyCrisis management strategyMedia relations and site toursProperty literature, property stationery, sales support presentationsWeb-based communication servicesSales advertising

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Asset & portfolio management, lease

audits, invoicing & collection

Financial ManagementGlobal Vision continuously strives to lower costs for its clients and have therefore established strict financial controlling procedures in order to guarantee that funds are used properly and no unforeseen or unjustified overspending takes place.

Financial reporting is regularly performed so that clients are kept appraised on how finances are being used. Lastly, audits are performed to collate financial records and documents, to archive and systematize them, and to identify any possible issues.

The Financial management function of the Property Management department consists of:

Budgeting and financial controlling:Asset managementPortfolio managementPerformance benchmarkingLease auditsFacility auditsAnnual and monthly budgeting servicesSupplier audit and reportingCost management reporting and proposed cost-cutting scenariosFinancial records and accounting reports, including physical inventoriesFinancial reporting for building valuation purposes, loan or sales purposesFinancial reports on budget execution, financial statements and other reports for internal and external useEnsuring compliance with laws and regulationsEnsuring accountability and control

Invoicing and collection:Invoicing and collection policies, procedures and formsMonthly invoicing and contract follow-upInvoicing and collection reporting and consultancy

Procurement & Supply-chain ManagementThe Procurement & supply-chain management function is a constitutive part of the Project Management & Building Construction department, and is discharged whenever a distinct department of Global Vision requires it.

For more information, please consult the Project Management & Building Construction section of the present brochure.


24/7 help desk, virtual concierge, IT

management

Legal ManagementGlobal Vision acknowledges that its clients must rest assured that all contracts, procedures and policies generated by a property’s life cycle comply with all laws and regulations, and are designed to their profit.Consequently, the company has built a team of legal advisers with significant experience in property development and property management, which can always deliver the most appropriate legal and contractual solutions.

The Legal management function of the Property Management department consists of:

Legal counselingContracts and formsLegal representation (if needed)Specialized counseling on specific issues (commercial, litigation, etc.)

Administration & IT ManagementGlobal Vision considers excellent customer service to be essential to its win-win approach to business, since building trust, loyalty and a sense of security always translates into profitability for all stakeholders.Therefore, Global Vision has designed and implemented a complete scheme of help desk and virtual concierge services, which raises tenants’ satisfaction and grows proprietor’s revenue.

The Administration & IT management function of the Property Management department consists of the following services:

Help desk:Call center services24/7 help desk servicesHandyman services (plumbing, electrical, mason and carpentry services)

Virtual concierge:Supply and provision of groceries, toiletries, etc.Cleaning and laundryCourier servicesTransportation servicesPersonal assistant servicesRestaurant reservations; business meetings; tickets and other entertainment requests

IT & IS management:Property management software implementation and upgrade

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MaJOR

PROJECTS


Global Vision’s clients include private organizations and individuals, government institutions, and real estate developers who seek industry-leading experts with proven results, able to deliver cost effective property development and efficient property management services.

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CORPORaTE CaMPUS

OMNILOGIC


With a total GLA of 25,000 sqm, Omnilogic Corporate Campus required a €25,000,000 investment, and includes two office buildings of 12,000 sqm, a warehouse of 3,000 sqm, a datacenter building of 2,000 sqm, and an 8,000 sqm parking lot.

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Established in November 1992 as a private company, with a subscribed capital of more than $500,000, Omnilogic set its sights on the dominant position on the Romanian IT&C market from the very beginning. In the last 16 years, the company has won and maintained the reputation of being the undisputed market leader.

The company’s success is primarily due to its realistic business vision of adapting perpetually to the challenges of an industry where fundamental technology changes are the only certain thing.

Omnilogic realized that its growth rate required a matching business infrastructure development so that the company’s operations could run smoothly and cost-effectively. Consequently, Omnilogic decided that it must move to new headquarters tailored to its particular business needs, which could incorporate all the benefits of technology and innovation in a signature property of the highest standards.

In order to successfully complete this task, Omnilogic partnered with Global Vision in March 2007, a company which possesses the technical expertise and credibility to undertake such a complex project.

Global Vision’s involvement covered property development, construction project management, building construction & civil engineering, as well as property management. Global Vision began the project with three essential stages: land development (market research, site selection, feasibility studies, land acquisition, infrastructure & utilities), development (entitlements), and building development (project design). Global Vision then took responsibility for the construction and management process, which included activities such as: structure execution, building and installation construction, intelligent business technology systems, landscape architecture (interior & exterior gardens), as well as on-site civil engineering (roads, alleys, parking lots).

Global Vision also won the property management contract for the complex, which includes activities of facility and IT & administration management. The contract signed in March 2011 covers the next five years.

16 months after closing the deal, Global Vision finalized Omnilogic Corporate Campus, a project that required a €25,000,000 investment, with a total GLA of 25,000 sqm and includes: two office buildings of 12,000 sqm; a warehouse of 3,000 sqm; a datacenter building of 2,000 sqm, which is accredited by BSI (British Standard Institute) with ISO 27000; and finally an 8,000 sqm parking lot.

CORPORaTE CaMPUS

OMNILOGIC

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UPGROUND RESIDENTIaL


Upground Residential consists in two luxurious condominium towers comprising 600 apartment units on 17 stories, 7,000 sqm dedicated to commercial and leisure facilities, and a 3,000 sqm fitness center.

global vision42

Upground was one of the first real estate developers on the market and has finalized some of the most impressive office and residential buildings in Romania. Three of these are considered the architectural and building construction milestones of the past two decades: BOB Tower, BOC Tower, and Upground Residential.

Upground’s aim was to build a residential complex which could differentiate itself from other residential projects by several unique points, such as: solid construction, solid financial investment, excellent residential area, and a new living concept. Upground knew that to get the project done right, it needed to collaborate with a company experienced in construction and civil engineering, and whose engineers and workers were the best available on the market. As a result, a deal was closed with Global Vision, a company with whom Upground already had a successful working experience. The signed contract was valued at €3,000,000 and covered the implementation of installations & intelligent building technology systems.

Upground Residential is split into two of the city’s most luxurious condominium towers, delivering incomparable space, service and luxury. They comprise 600 apartment units, with 7,000 sqm dedicated to commercial and leisure facilities, a 3,000 sqm fitness center, school, kindergarten, medical facilities and so on. Each residential unit rises 17 stories high and provides two underground parking levels. Additionally, a stylish hotel-like lobby with concierge services ensures both tenants and guests are taken care of. Upground Residential has an area of 130,000 sqm and construction was finished in early spring 2011. The property was almost entirely sold out well in advance of completion, as buyers realized that owning one of these extraordinary condominiums represents the quintessential lavish European lifestyle. The investment value totaled €100,000,000 and was realized in 18 months.

In July 2011, Global Vision signed a 5-year contract with the Upground Residential owner, based on which the company delivers the full range of property management solutions, from technical maintenance to sales & marketing.

UPGROUND RESIDENTIaL

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BOB TOWER


BOB Tower is currently the second largest office building in Romania and comprises 50,000 sqm of office space and 17,000 sqm of developed land, totaling an investment of €50,000,000.

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BOB TOWER


Upground foresaw an increasing need for office space in this consistently growing region, despite the possible economic crisis. However, it also realized that companies need intelligent office buildings and that they will not rent just any office space, especially if it does not rigorously comply with technological standards, or fulfill business needs.

Consequently, Upground decided to close a deal for property development, project design, project management, technological installations and interior architecture with a company that understands the big picture and could handle the responsibility of developing the biggest office building in Romania at the time.

In July 2007, Global Vision was selected as General Contractor for BOB Tower, and finished construction in August 2008 after a focused effort of 13 months. In August 2010, Global Vision was appointed Property Manager for BOB Tower for a 5-year period.

BOB Tower is currently the second largest office building in Romania and benefits from an outstanding location in one of the most coveted areas of Bucharest: the northern part of the city, between the most beautiful lakes of the area. More conveniently, this area is home to the most elegant residential villages as well as the busiest corporate HQs in the city.

Its grandeur and sleek yet friendly design, together with the thousands of young rising managers, make BOB Tower one of busiest and beautiful landmarks of corporate Bucharest.

BOB Tower comprises 50,000 sqm of office space and 17,000 sqm of developed land, totaling an investment of €50,000,000 – out of which Global Vision’s contract value amounts to €20,000,000.

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BOC TOWER


Located in the most coveted office location in Bucharest, BOC is the largest office building in Romania to date. Rising seven floors high, it has three levels of underground parking and a total area of 70,000 sqm.

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BOC TOWER


Upground’s strategic vision of the office building business was proving successful; BOB Tower was built, leased and flourishing. However, the need for intelligent built office space still remained high, so Upground decided to seize the next opportunity and build the biggest and the most technologically advanced office building in Romania.

In order to be consistent with the USP, Upground needed to hire a company with proven expertise in office building construction. Therefore, when it was time to make a decision, Upground knew that the only logical choice was Global Vision. A €10,000,000 contract was signed and Global Vision took over the implementation of all installations and building technology.

BOC Tower is the largest office building in Romania to date. Rising seven floors high, with three levels of underground parking and a total area of 70,000 sqm. It is located in the most coveted office location in Bucharest and provides world-class services to the corporate tenants occupying the 50,000 sqm of premium office space. Simply put, it re-defines the standards of the corporate work environment.

The magnificent ground floor architecture accentuates the building’s beauty, while restaurants and coffee shops facilitate the fast-paced environment. A banking branch located conveniently in the building complements the financial needs of its corporate residents even further.

The project totaled a €110,000,000 investment and was executed in 18 months.

In August 2010, Global Vision was appointed Property Manager for BOC Tower for a 5-year period.

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SOUTH CENTER PaRKING &

CITY MaLL


City Mall has a GLA of 50,000 sqm and a total investment value of €30,000,000. The accompanying South Center Parking is the second largest parking building in Romania, with a GLA of 34,000 sqm and a total investment of €18,000,000.

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APN European Retail Trust is a renowned Australian real estate investor in Europe that identified the growing need for commercial facilities in Eastern and Central Europe.

Once they singled out Romania as one of the most promising markets, the company planned to build a mall in Bucharest, which they acknowledged as the most dynamic Romanian city. Since Bucharest is a traffic congested city, the investor realized that City Mall should have its own parking structure, given the urban architectural characteristics.

In November 2004, after thorough research of the market, the Australian investor decided that Global Vision should be in charge of the real estate project design and its construction, as well as supplying and installing the intelligent building technology systems.

In December 2005, Global Vision finalized the contract with City Mall by delivering a turn-key project for IT&C networks, security systems, access control, fire security, power and power back-up systems. The same month, Global Vision was appointed Property Manager and became responsible for all facility management, IT & Administration operations.

The following year, in April 2006, Global Vision signed on as project designer and supplier of ITBS for South Center Parking and finished one year later. In April 2007, Global Vision became property manager of South Center Parking.

City Mall has a GLA of 50,000 sqm and a total investment value of €30,000,000, made during 18 months of real estate development.

South Center Parking was initially raised in order to serve City Mall’s clients. It is located just across the street from City Mall and it is directly connected to the retail gallery’s second floor through an unconventional construction resembling a submarine.

South Center Parking is the second largest parking building in Romania, with a GLA of 34,000 sqm and a total investment of €18,000,000, made during 18 months of real estate development.

SOUTH CENTER PaRKING &

CITY MaLL

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PGV TOWER


Located two minutes away from the first mall ever to be opened in Bucharest, PGV Tower was delivered in 14 months, with a total investment of €16,000,000 and comprising 12 stories and 18,000 sqm.

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The investor that developed PGV Tower has a solid business involvement in the Romanian market, as well as in East and Central Europe. It guides its business decisions based on a thoroughly market research and its decade-long expertise.

The real estate developer grasped an excellent opportunity to build a structure with residential and office purposes in a privileged location, only five minutes away from Unirii Square, one of the most important economic and administrative centers of Bucharest. To successfully fulfill his objective, the investor hired Global Vision to execute construction and civil engineering. The contract covered project design and building, as well as intelligent building technology systems.

The project was delivered in 14 months, with a total investment of €16,000,000 and comprising 12 stories and 18,000 sqm. Formerly the headquarters of Bancpost (Eurobank EFG) and ERS, PGV Tower is one of the first AA-class office buildings developed in Bucharest and a landmark of its neighborhood.

Located two minutes away from the first mall ever to be opened in Bucharest, and the only one for four years thereafter, PGV Tower saw amazing population growth in the area in which was developed. The building’s 12 stories are silent witnesses to a demographic explosion of little or no precedence in post-revolution Romania.

Initially designed to become a luxury hotel for senators, PGV Tower has retained an innate beauty and sophistication true to its original purpose. The top floors of the tower feature spectacular full-floor luxury offices topped by a Parisian-style glass cupola.

PGV TOWER

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BaSKETBaLL aRENa


Global Vision delivered for its client a Basketball Arena compliant with International Basketball Federation Standards. It is a €1,500,000 investment, built on 10,000 sqm property.

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The Romanian Basketball Federation (FRB) was founded in 1931 and is cofounder (1932) of the International Basketball Federation (FIBA). The Romanian Basketball Federation includes local county basketball federations and promotes basketball excellence.

Consistent with its objective, the Romanian Basketball Federation intended to restore the most important Basketball Arena in Bucharest, in accordance with International Basketball Federation Standards. A deal was closed with Global Vision, due to its significant expertise in building many different types of structures, as well as its diverse service offerings: property development, project management, building construction & civil engineering and property management.

After completing the infrastructure and utility development, as well as the restoration’s project design, Global Vision assumed the concrete construction tasks: complete restoration, capital repairs, roof renovation, fire protection systems for both metallic and non-metallic structures, façade renovation (including thermal isolation and aesthetic renovation) and a complete floor upgrade in accordance with the FIBA quality and elasticity standards. Moreover, Global Vision replaced all the sanitary installations and installed the HVAC and power-supply systems. Global Vision’s engineers were also responsible for the 10,500 sqm vertical systematization and on-site civil engineering (repairing of roads, landscape architecture, alleys and parking lots).

Based on the outstanding track record in facility management, FRB entrusted cleaning, security & access control, technical maintenance and IT & Administration management services to Global Vision.

After 5 months of work and a €1,500,000 investment, the new Basketball Arena (2,000 sqm on 10,000 sqm property) was delivered to the client. Located in Bucharest, within the largest national sports complex (Lia Manoliu), the Basketball Arena is the first Romanian basketball hall entirely and uniquely dedicated to this sport.

The arena meets the highest standards in basketball and is fully equipped and compliant with FIBA standards for hosting international championships and prestigious basketball competitions. Its capacity exceeds 500 people. The Basketball Arena is the crown jewel of the Romanian Basketball Federation and its 75-year anniversary was highly celebrated with the inauguration of this exceptional and modern facility.

BaSKETBaLL aRENa

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MaGHERU RESIDENCE


Erected in the 19th century on 450 sqm of land, the 7-story tall construction is a central building which Global Vision started to renovate, while keeping to the initial architectural design.

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Bucharest was once nicknamed “Little Paris.” Its fame was the result of cultural effervescence, an exuberant lifestyle and beautiful urban architecture. At the time, the edifices represented outstanding homes, expressing the refined mindset of a cultural and social elite.

Bucharest continues to harbor evidence of Parisian architecture and landscaping, however, the majority consists of battered and forsaken buildings, which pedestrians pass by without a second thought.

Global Vision saw the Parisian beauty in an old downtown building and chose to renovate it, while keeping to the initial architectural design in order to preserve the aura of “Little Paris.” Magheru Residence was erected in the 19th century on 450 sqm of land, it stood 7 stories tall and overlooked I.C.Bratianu Boulevard, close to Universitate and Romana squares.

Global Vision has already started renovating the building. Its clear objective is to deliver a turn-key project with mixed uses: commercial, office and residential.

Global Vision’s involvement comprises land development (market research, building selection, feasibility studies, property acquisition), construction & civil engineering (project design and building, consolidation works, installations, Intelligent Building Technology Systems, interior architecture), as well as property management (technical management and security & access control management). Since it is an important and sentimental project, the company also assumed the role of construction project manager.

The 3,000 sqm building’s renovation requires an estimated 18-month execution period and a €6,000,000 investment. It is to be finalized in the near future.

MaGHERU RESIDENCE

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THE ROMaNIaN

CRICKET COUNCIL


The multifunctional cricket complex totalizing a €7,000,000 investment is one of the most passion filled and interesting projects Global Vision has worked on.

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The first Romanian cricket organization took shape in 2006, when the Transylvania Cricket Club (TCC) was formed in Bucharest by three enthusiastic expats.

In June 2009, the Romanian Cricket Council – or simpler “Cricket Romania” was set up under Mr. Gabriel Marin’s stewardship. Cricket Romania is a body whose main aim is managing and developing the game of cricket in Romania, as well as taking it into the international arena in the next decade. The Romanian Cricket Council (RCC) promotes the value systems of sportsmanship, team work, leadership, commitment and above all fair-play, while bringing a sense of achievement and enjoyment to its participants.

The Romanian Cricket Council plans to gain the status of Affiliate member of the International Cricket Council and of Associate member within the next 7 years.

Consistent with these goals, RCC has commissioned Global Vision to build a multifunctional cricket complex in Moara Vlasiei, located 20 km from Bucharest, and encompassing of a Cricket Club, School and a cricket field.

Global Vision’s involvement in the project consists in land development (entitlements and permits; excavation works and utility development), construction project management and civil engineering (project design & building; installations; Intelligent Building Technology Systems; interior architecture; on-site civil engineering).

The 13,000 sqm cricket field together with the 7,500 sqm spectator facility is to be finalized in February 2012. The two-level building which hosts the Cricket Club and School totals 3,000 sqm and will be delivered in August 2012. The total investment value exceeds €7,000,000.

The multifunctional cricket complex is one of the most passion filled and interesting projects Global Vision has worked on, since sports and a competitive mindset are an essential part of its business vision.

THE ROMaNIaN

CRICKET COUNCIL

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G4S


Global Vision delivered for its client G4S a mixed-use industrial complex, comprising an office building, a warehouse, and a cash processing center, with a total GLA of 5,000 sqm and €2,000,000 investment.

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G4S is the world’s leading international security solutions group. Its heritage goes back over a century and it is the second largest private employer in the world, with more than 595,000 employees. G4S operations range from delivering pay packets to ensuring ATMs have enough cash to meet people’s shopping needs; from delivering cash to bank branches and retail outlets to managing the flow of cash for central banks and major retailers; from ensuring travelers have a safe and pleasant experience in ports and airports around the world to the detention and escorting of people who are not lawfully entitled to remain in a country. G4S entered the Romanian market in 2004 through a merger with a well-known local security company and the group now operates three distinct divisions: Cash Services, Security Services and Security Systems.

The group intended to consolidate its position in the regional cash processing market, so that it could serve Eastern and Central European based clients. To achieve this goal, G4S needed to build a campus containing a cash processing center, a warehouse and an office building. However, G4S could not complete the task by hiring a general contractor. Instead, it needed a real estate developer with global understanding and expertise, who grasps the big picture and makes sure all elements are taken into account and acted upon.

In May 2009, G4S closed a deal with Global Vision, a company with proven results in integrated solutions for property development, construction & civil engineering, construction project management and property management. Global Vision started the project by identifying a strategic location for the campus, then initiating feasibility studies, land acquisition, infrastructure development and entitlements, as well as delivering the project design for the campus.

Furthermore, Global Vision was responsible for both the project management and building construction and civil engineering, which included structure, building and installation construction, as well as on-site engineering (roads, alleys, parking lots).

After 6 months, Global Vision finalized the mixed-use industrial complex, comprising an office building, a warehouse, and a cash processing center, with a total GLA of 5,000 sqm and €2,000,000 investment.

When the campus was delivered turnkey, G4S decided that the best partner for professional property management was Global Vision.

G4S

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OLYMPUS TOWER


With 25,000 sqm office space and 9,000 sqm of developed land, Olympus Tower was delivered after 13 months of work and a total investment of €25,000,000.

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One of the most important real estate developers in South-East Europe entered the Romanian market at the beginning of the new millennium and completed the Bucharest milestone office building, delivered to a top 10 commercial bank.

The investor acquired the contract for building the new headquarters of Bancpost, member of Eurobank EFG. Bancpost is one of the largest and most prominent banks in Romania, with over 3,700 employees, 285 branches, eight Regional Centers and twenty-five Business Centers. Established in 1991 as a full-service public bank, Bancpost became the first fully-privatized bank in Romania, in November 2002.

Eurobank EFG is a European banking and financial services institution with total assets of €84.3 billion (December 2009). The group currently employs over 23,000 people and benefits from a European-wide branch network of over 1,600 units.

The headquarters’ design called for a five story, AA-class office building dedicated to a single client, with strong focus on macro and micro features. Renowned for its attention to details, excellent execution and timely work, Global Vision took responsibility for property development (entitlements, project design) and building construction & civil engineering (interior architecture, on-site civil engineering – alleys, parking lots – and landscape architecture).

After 13 months of work and a total investment of €25,000,000, Olympus Tower was delivered to its client. It comprised 25,000 sqm and 9,000 sqm of developed land (landscape and parking).

Olympus Tower benefits from an outstanding location in one of the most coveted areas of Bucharest: the northern part of the city, between the most beautiful lakes of the area. More conveniently, this area is home to the most elegant residential villages as well as the busiest corporate HQs in the city.The present contract also covers property management services, such as facility management and IT & Administration management.

OLYMPUS TOWER

FRB HEaDQUaRTERS

FRB Headquarters is a 4-level office building and incorporates a huge basketball into the façade. The 1,000 sqm structure comprises offices, a conference room, cafeterias at each level and a fitness facility.

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The Romanian Basketball Federation (FRB) was founded in 1931 and is cofounder (1932) of the International Basketball Federation (FIBA). The Romanian Basketball Federation includes local county basketball federations and promotes basketball excellence.

Consistent with its objective, FRB already renovated the most important Basketball Arena in Bucharest in accordance with International Basketball Federation Standards. It now needed to build a modern headquarters, and due to an excellent collaboration record with Global Vision during the modernization of the Basketball Arena, it chose to work together again.

Global Vision assumed the objective of delivering a completely new, turn-key project located within the Lia Manoliu Sports Complex. It was charged with all tasks pertaining to land development, including site selection, feasibility studies, and infrastructure and utility development.

Global Vision’s experienced engineers presented a modern building project design, which contains a 4-level office building and incorporates a huge basketball into the façade. The 1,000 sqm structure includes offices, a conference room, cafeterias at each level and a fitness facility.

The next stage consisted in construction & civil engineering, where Global Vision was responsible for structure execution, construction, deploying installations, on-site civil engineering (roads, alleys, parking lots) and landscape architecture, including exterior lighting.

Global Vision implemented all strong- and low-current installations and equipment, such as lighting, air conditioning, fire detection, heating and access control systems, etc.

After 6 months of work, Global Vision delivered an outstanding turn-key project totaling a €900,000 investment.

FRB HEaDQUaRTERS

ION GHICa HIGH SCHOOL

ION GHICa HIGH SCHOOLIon Ghica High School, Racari, is a 50-year history educational institution. Its 1,198 sqm structure benefited from complete refurbishing works and from a 1,146 sqm extension, totalizing €1,300,000 investment.

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Ion Ghica High School, located in Racari, has a 50-year history and is one of the most prestigious educational institutions in Dambovita county. The City Council of Racari and the High School Board deemed that they should preserve the community’s most important asset.

They realized that in order to keep to high educational standards, they needed to repair, modernize and expand Ion Ghica High School, so that students and professors would have the necessary infrastructure for continued academic excellence. The City Council and School Board needed a company that could execute high quality work in a short period of time, while offering intelligent integrated solutions.

Global Vision has proven experience in executing top quality construction on a tight schedule, while paying attention to details and offering the best return on investment.

As a result, Global Vision won the contract, which covered complete repairs and revamping work for the 1,198 sqm structure, as well as extending the existing building with the addition of a 1,146 sqm educational facility. Besides, Global Vision was built a multifunctional sports facility, which can host basketball, tennis and handball competitions. It also has been in charge with landscape architecture (interior gardens) and on-site civil engineering (roads, alleys, parking lots).

Global Vision was responsible for the project design and building, interior architecture and the deployment of installations, in addition to overseeing construction project management. After 6 months of work and a €1,300,000 investment, Global Vision delivered an outstanding turn-key educational facility, thereby contributing to the wellbeing of the Racari community.

ION GHICa HIGH SCHOOL

FaN COURIER

FaN COURIERFAN Courier logistics center is a mixed-use building construction, which serves the western part of Romania. It comprises a warehouse, a service facility and an office area on 3,100 sqm, and totalizes €1,000,000 investment.

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FAN Courier is a private enterprise founded in 1998 by three entrepreneurs who dared to dream that they can build the No. 1 courier company in Romania. In 2008, FAN Courier invested €9,000,000 with the aim of consolidating the business, while in 2010, in spite of economic turmoil, it maintained its human and fleet resources and invested €11,000,000 in employee training, fleet maintenance and in a fully automated package sorting facility.

Consistent with its business strategy, FAN Courier intended to open a new logistics center that could serve the western part of Romania, one of the most economically dynamic regions. To accomplish its objective, FAN Courier needed to partner with a solid real estate developer, who had proven expertise in industrial and mixed-use building construction.

Current and former clients recommended Global Vision as a reliable company with outstanding achievements. As a result, the contract for developing a turn-key project, comprising a warehouse, a service facility and an office area was entrusted to Global Vision.

Global Vision’s involvement started with land development, i.e. market research, site selection, feasibility studies, entitlements, land acquisition, and infrastructure development. The next stage consisted in the actual construction and civil engineering, where Global Vision’s experienced engineers undertook the project design, supervised the construction’s execution and paid close attention to details, while simultaneously acting as construction project managers.

After 6 months of work, Global Vision was able to deliver a turn-key facility, which totaled 3,100 sqm and an investment of €1,000,000.

Since Global Vision offers property management services to some of the biggest office and mixed-use buildings in Romania, FAN Courier authorized it to assume property and facility management tasks and activities: cleaning services, technical maintenance and security & access control management.

FaN COURIER

ELIaDE TOWER

ELIaDE TOWER

Eliade Tower is a 10,000 sqm building office located in one of the most coveted areas from Bucharest. Its complete restoration amounted to €14,000,000 and included project design & construction, installations, intelligent building technology systems, interior architecture, as well as on-site civil engineering.

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The Romanian real estate market is one of the most dynamic in the East and Central Europe, and has invited solid real estate developers with regional and global business presence. Such is the case of the investor who has acquired Eliade Tower, one of the best properties in his portfolio.

Eliade Tower is an office building project located in Primaverii, Bucharest’s most elegant neighborhood, which however needed a significant refurbishing in order to keep pace with competing office buildings in Bucharest.

The investor decided to restore and modernize it, a process which covered a full range of building construction and civil engineering actions. Global Vision was chosen to complete the project, due to a successful history of high-quality finalized projects, as well as for its well-known expertise, timely execution and solid construction.

The €14,000,000 deal was closed with Global Vision for the project design & construction, installations, intelligent building technology systems, interior architecture, as well as on-site civil engineering (parking lots & landscape architecture). The construction incorporated the newest technology and materials available, designed specifically to provide comfort and utility to its tenants.

Eliade Tower’s restoration was finalized in 12 months (2006) and today the building provides a fresh new look to the Floreasca office area. Located in the 1st district, in the northern side of Bucharest, the 10,000 sqm tower is currently leased to international corporations.

ELIaDE TOWER

EUROMaSTER

EUROMaSTERThe new regional center of Euromaster, part of the Michelin Group, is a turnkey industrial project, built on 5,000 sqm and comprising an office building, a warehouse, and a vehicle service area. It required 5 months of work and a €1,000,000 investment.

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Euromaster is the leading integrated tire service (car, heavy trucks, agricultural and civil engineering) and car maintenance network in Europe.

Euromaster has 1,835 service centers in 15 European countries, 11,500 employees, 37,000 tires fitted daily and a 2008 turnover of €1.85 billion.

Euromaster is part of the Michelin Group, which is active on all continents. Michelin manufactures and sells tires for all kinds of vehicles, publishes maps and guides and operates a number of digital services in more than 170 countries.

Michelin entered the Romanian market in 2001 and expanded rapidly to three factories and a large commercial network. Michelin Romania intended to open a new regional center through Euromaster, which had to function as a headquarters and logistics center for tire services.

Since Global Vision had a reputation as an experienced constructor of mixed-usage buildings, it was chosen to execute and deliver the entire project.

First, Global Vision fulfilled all property development tasks, starting with market research, site selection (Ghiroda, Timis county) and feasibility studies, continuing with land acquisition, infrastructure development and entitlements, and finally the building’s project design. Next Global Vision took over construction project management, as well as being responsible for structure execution and on-site civil engineering (roads, alleys, parking lots).

The contract also covered property management services, which included the creation of technical policies & procedures; the maintenance of HVAC, elevators, power systems, and life/safety systems’ (smoke/fire detection, signage & evacuation), business continuity plans & emergency scenarios, as well as technical reporting.

After 5 months of work and a €1,000,000 investment, Global Vision delivered a turnkey industrial project, built on 5,000 sqm and comprising an office building, a warehouse, and a vehicle service area.

EUROMaSTER

11 IUNIE OFFICE BUILDING

The 11 Iunie Office Building was finalized in 1997, and has a total surface area of 3,500 sqm on eight stories. It is rented to one of the most prestigious IT&C companies, active in 170 countries worldwide.

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With a total surface area of 3,500 sqm, 11 Iunie Office Building was finalized in 1997 and it has eight stories, one underground and seven above ground. The building is rented to Hewlett-Packard, one of the most prestigious multinational IT&C companies, active in 170 countries worldwide. Since HP’s core business is technology, it has strict requirements regarding the technical standards of its buildings, most important of which is staying continuously connected to its offices around the world, in order to run its operations smoothly.

For this reason, the owner of 11 Iunie Office Building needed to hire a property management company that could handle strict SLAs and has the expertise to deal with all related tasks. The proprietor found out that Global Vision handles property management for the two biggest office buildings in Bucharest and Romania, as well as for mixed-use facilites, and was therefore convinced that Global Vision possesses the knowledge and the expertise necessary to successfully perform the job.

Global Vision signed a 3-year contract, covering facility and property management services such as: technical maintenance of elevators, generators, chillers, boilers, fire pumps & hydrants, fire detection; cleaning services; security and access control management services; and management of all relations with third parties suppliers.

11 IUNIE OFFICE BUILDING

BOC Tower, 3 George Constantinescu7th Floor, 2nd DistrictBucharest, Romania

Telephone: (+40) 21 316 70 01Fax: (+40) 21 316 70 02

E-mail: [email protected]

www.globalvision.ro

www.globalvision.ro

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