News Article Globalworth secures €46 million loan from BCR
by Property Forum | Office

Globalworth has secured a €46 million loan from BCR, which will be used for developing Connected, Renault’s new HQ in Bucharest.


Renault Bucharest Connected, the future headquarters of Groupe Renault Romania, is under construction and will be completed in 2019. The structure of the building has already been completed, the facades are 90 percent executed and the interior finishing works for some of the floors are also complete.
 
The project will offer 47,000 sqm of Class A office space and will include a showroom for Groupe Renault Romania vehicles, 1,000 parking spaces, an amphitheatre with a capacity of 350 seats for internal and external events, in addition to other facilities such as a restaurant and a medical cabinet.
 
NNDKP law firm assisted Globalworth in finalising the transaction. BCR was advised by WolfTheiss.