Globalworth gets EUR 46 mln loan for Renault HQ in Bucharest

Globalworth, the biggest office developer and owner in Romania, got a loan worth EUR 46 million from BCR to finance the development of the Renault Bucharest Connected project, the new headquarters of Renault’s operations in Romania. The project is under construction and should be completed in the first part of next year. The structure has already been finalized and 90% of the facades have been installed. The project will have 47,000 sqm of class A office space. It will also include a showroom, an amphitheater with 350 seats, restaurant, medical cabinet, as well as 1,000 parking places. Local law firm NNDKP assisted Globalworth in getting this financing while WolfTheiss advised BCR. JLL becomes project manager for Renault’s future HQ in Bucharest editor@romania-insider.com