3. 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 Preda
Managing Director
4. CONTENTS
PROPERTY
4
aBOUT
GLOBaL VISION DEVELOPMENT 14
Specialized in integrated Acting in two major categories
property development and of real estate development in
property management Romania: land development
solutions for medium and and building development
large scale investments
COMPETITIVE
aDVaNTaGE 8
Committed to providing
integrated solutions for the
entire life cycle of a property
5. 28 PROPERTY
MaNaGEMENT
Providing a comprehensive
range of property and facility
management services for
institutional or individual
property owners
PROJECT MaNaGEMENT & MaJOR
22 BUILDING CONSTRUCTION PROJECTS 36
Specialized in large scale Office buildings, residential
buildings and complex compounds, industrial
construction and infrastructure properties, commercial
projects galleries, educational
campuses, sports facilities
7. Global Vision is a group specialized in integrated real estate solutions for
property development and property management of medium and large-
scale investments.
corporate profile 5
8. aBOUT
GLOBaL VISION
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 Development
Building Construction & Project Management
Property Management
Established in 2004, by a group of highly experienced specialists, with
Specialized in 30-year+ cummulated experience in the field of real estate development
property development and management, Global Vision has been, over the years, instrumental in
property management designing, delivering and supporting property infrastructure for some of the
for large scale most prestigious private and institutional investors in Romania.
investments
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 Insurance
Global 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.
6 global vision
9. Mission
Global 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.
Vision
Global 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.
Global Vision aims
to become the most Working Principles
trusted real estate The goal that drives Global Vision is to establish long lasting client
solutions’ integrator. 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.
corporate profile 7
11. Global Vision’s distinctive competitive advantage relies on its capability of
providing truly integrated solutions for the entire life cycle of a property.
corporate profile 9
12. COMPETITIVE
aDVaNTaGE
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.
Bratislava
Property Chisinau
Development
Budapest
Property Building
Integrated real Management Construction
estate solutions for a
property’s entire life Bucharest
cycle Belgrade
Sofia
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.
10 global vision
13. 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 understanding
Global 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.
Focused on standards
compliance, technical There are many dimensions to corporate life that translate in the form,
competence and utility and feeling of the working environment surrounding a person and
professional training 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 Control
Whether 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
corporate profile 11
14. 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 18001:2007
ISO 9001:2008
ISO 14001:2005
SA8000
Policies concerning Global Vision policies concerning social responsibility, health, and
social responsibility, employees’ security are in line with the fundamental human rights, as
health and stated by the main ILO Conventions, as well as international and homeland
employees’security regulations, and abide by the SA8000:2008 and SR OHSAS 18001:2008
standards.
Technical Competence & Training
Global 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 Leadership
School of Marketing & Branding
School of Sales
School of Customer Service
School of Finance
School of Communication
12 global vision
15. Project Management
Ensuring 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 experienced
Project 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
Warranty Promise and outstanding organizational competence. Global Vision strives to deliver
Service Level them all, in all areas of work.
Agreement
Customer Service
At 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 Agreement
Global 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 Partners
For 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.
corporate profile 13
17. 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.
corporate profile 15
18. 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 Development
Land development denotes the acquisition of natural or unimproved
Complete range of land, often referred to as raw land, real property with no improvements or
services for land infrastructure, with the intention of developing it through utility connections,
development and roads, earth grading, covenants, and entitlements for subsequent building
building development. 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 Development
Global 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.
16 global vision
19. 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:
marketing & communication management market research
Bratislava
Chisinau
Budapest
sales & leasing management site selection
construction management property acquisition & entitlements
Bucharest
Belgrade design
Sofia
corporate profile 17
20. Market Research
Global 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
Market research and consists of:
site selection
Comparison models for optimal selection
Profitability and economic potential
Supply and demand
Scope of competition
Project potential
Present and future analysis
Site Selection
The 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 investigation
Control system planning
Analyzing physical conditions (load-bearing capacity, access and
drainage, connection with appropriate utility services, etc.)
Legal conditions and restrictions
Feasibility study
Labor and demographic assessments
Sensitivity and risk analysis
Cost modeling
18 global vision
21. Property Acquisition & Entitlements
Global 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 consulting
Tax planning
Investment advice
Property acquisition (negotiations / closures)
Property acquisition
and entitlements, Entitlements:
construction Due diligence: financial, title, zoning, environmental
management, sales & Acquiring documents, certificates and permits
leasing management Road approvals
Utility approvals
Landscaping approvals
Design
The 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 Management
The 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 Management
The 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 Management
The 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.
corporate profile 19
23. 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.
corporate profile 21
24. PROJECT MaNaGEMENT &
BUILDING 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 Construction
Far 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
Building construction, experience, engineering acumen, outstanding architectural knowledge, as
civil engineering, well as planning, financial control and project management proficiency.
industrial construction
Civil Engineering
Through 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 Construction
Global 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.
22 global vision
25. 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:
financial management project management
Bratislava
Chisinau
Budapest
procurement & supply-chain management design
construction management Bucharest
Belgrade
Sofia
corporate profile 23
26. Project Management
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.
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 consulting
Project planning, Project strategy and planning
implementation Project set up and controlling
planning, Risk management
architectural design Project scheduling policies and procedures
Strategic planning options
Definition of facility and site needs
Financing and budget planning
Implementation planning
Design
Global 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 design
Engineering review and approval
Bill of quantities
Construction Management
Global 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.
24 global vision
27. The Construction management function of the Project Management &
Building Construction department consists of:
Coordinating and controlling all the site activities
Coordinating specialty contractors
Financial planning and cost controlling; reporting
Interaction with architects and engineers
Gathering and evaluating bids
Quick adaptation to design changes
Engineering solutions
Acquisition of permits and the associated inspections
Procurement & Supply-chain Management
Global 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.
Coordinating site Moreover, based on projections of future market prices and demand, Global
activities offering Vision is able to optimize the level of inventory and minimize total costs
engineering solutions, during the course of a project.
coordinating speciality
contractors The Procurement & supply-chain management function of the Project
Management & Building Construction department consists of:
Acquisition management:
Acquisition policies, procedure and forms
Pricing and contracting
Equipment and material acquisition management
Invoicing and collection; reporting and consulting
External contractors’ management:
Management of outside contractors
Stocks and inventory management
Stock management services
Identification and control of owner’s property
Efficient stocks and inventory operation
Financial Management
Global 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 estimation
Cost management reporting and proposed cost-cutting scenarios
Controlling, budgeting and accounting reports
Economic evaluation of facility investment
Supplier auditing and reporting
Ensuring compliance with laws and regulations
corporate profile 25
29. 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.
corporate profile 27
30. PROPERTY
MaNaGEMENT
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
Full-service Property financial management, Global Vision combines all property management
Management services under a single point of contact, increasing the property’s life span,
department 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.
28 global vision
31. The Property Management division is structured on seven areas of activity,
thus covering both landlords’ and tenants’ needs and requirements.
administration & it management facility management
Bratislava
Chisinau
Budapest
legal management sales & leasing management
procurement & supply-chain management
marketing & communication management
Bucharest
Belgrade
financial management
Sofia
corporate profile 29
32. Facility Management
Property 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, Building management:
technical maintenance, Operational policies, procedures & forms
safety & security, Managing operations for legal licenses (ISCIR, PRAM, RSVTI)
cleaning services BMS (Building Management Systems) operation, maintenance and
upgrade
Reception services
Space management
Transformation & repair projects management
Operational reporting & operational input for a varied range of
developments
Technical maintenance:
Technical policies, procedures & forms
Mechanical systems’ (HVAC, elevators) maintenance
Power systems’ maintenance
Life and safety systems’ maintenance (smoke and fire detection, signage
and evacuation)
Business continuity plans & emergency scenarios
Technical reporting
Managing subcontractors
Safety and security:
Safety policies, procedures &forms
24/7 security on-site
24/7 security monitoring and intervention in case of emergency
Management of control access facilities, including parking access
Security reporting
Cleaning services:
Building cleanliness (interior and exterior, including façade)
Façade cleaning
Green areas maintenance
Waste disposal
Snow removal
Pest and rodent control
30 global vision
33. Sales & Leasing Management
Global 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 forms
Complete sales and leasing services, from lease negotiations, to lease
Sales and marketing execution to renewal
strategy, contract Tenants’ liaison
monitoring, pricing Contract monitoring and contract management
Sales and leasing reporting and consultancy
Marketing and Communication Management
In 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 auditing
Performance benchmarking
Asset positioning and messaging
Target audience and tenant profiling
Pricing
Consulting for amenities packages and sustainable product design
Communication and public relations:
Communication and PR strategy
Crisis management strategy
Media relations and site tours
Property literature, property stationery, sales support presentations
Web-based communication services
Sales advertising
corporate profile 31
34. Financial Management
Global 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 management
Asset & portfolio Portfolio management
management, lease Performance benchmarking
audits, invoicing & Lease audits
collection Facility audits
Annual and monthly budgeting services
Supplier audit and reporting
Cost management reporting and proposed cost-cutting scenarios
Financial records and accounting reports, including physical inventories
Financial reporting for building valuation purposes, loan or sales
purposes
Financial reports on budget execution, financial statements and other
reports for internal and external use
Ensuring compliance with laws and regulations
Ensuring accountability and control
Invoicing and collection:
Invoicing and collection policies, procedures and forms
Monthly invoicing and contract follow-up
Invoicing and collection reporting and consultancy
Procurement & Supply-chain Management
The 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.
32 global vision
35. Legal Management
Global 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 counseling
Contracts and forms
Legal representation (if needed)
Specialized counseling on specific issues (commercial, litigation, etc.)
24/7 help desk,
virtual concierge, IT Administration & IT Management
management Global 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 services
24/7 help desk services
Handyman services (plumbing, electrical, mason and carpentry services)
Virtual concierge:
Supply and provision of groceries, toiletries, etc.
Cleaning and laundry
Courier services
Transportation services
Personal assistant services
Restaurant reservations; business meetings; tickets and other
entertainment requests
IT & IS management:
Property management software implementation and upgrade
corporate profile 33
37. 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.
corporate profile 35
39. 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.
corporate profile 37
40. CORPORaTE CaMPUS
OMNILOGIC
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.
38 global vision
43. 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.
corporate profile 41
44. UPGROUND RESIDENTIaL
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.
42 global vision
47. 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.
corporate profile 45
48. BOB TOWER
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 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.
46 global vision
51. 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.
corporate profile 49
52. BOC TOWER
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 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.
50 global vision
55. 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.
corporate profile 53
56. SOUTH CENTER PaRKING &
CITY MaLL
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.
54 global vision
59. 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.
corporate profile 57
60. PGV TOWER
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.
58 global vision
63. 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.
corporate profile 61
64. BaSKETBaLL aRENa
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.
62 global vision
67. 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.
corporate profile 65
68. MaGHERU RESIDENCE
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.
66 global vision
71. 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.
corporate profile 69
72. THE ROMaNIaN
CRICKET COUNCIL
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.
70 global vision
75. 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.
corporate profile 73
76. G4S
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.
74 global vision
79. 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.
corporate profile 77
80. OLYMPUS TOWER
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.
78 global vision
83. 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.
84. FRB HEaDQUaRTERS
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.
82 global vision
87. Ion 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.
88. ION GHICa HIGH SCHOOL
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.
86 global vision
