Filip & Company law firm has assisted Global Vision Investment Fund in concluding a financing agreement with Banca Comercială Română, for a total of EUR 12.7 million, to finance the construction works of the Diehl Aviation industrial project in Craiova.
The financing includes a development loan facility with a top-up facility, applicable on the completion of works, and is intended for the development of the industrial asset nearing completion.
“The industrial projects market is moving towards maturity, shifting the focus from volume to asset quality and their integration into stable production chains. The Diehl Aviation project in Craiova is an example of an investment that reflects these trends, both in terms of tenant profile and regional positioning. We are glad to partner Global Vision in a move that strengthens the industrial segment as a strategic pillar of its portfolio. We thank our clients for their trust and excellent collaboration”, said Camelia Ianțuc, senior associate at Filip & Company.
“This financing represents another strategic step in optimizing our invested capital structure and in our strategy to diversify our funding sources and strengthen our investment portfolio with assets in multiple asset classes. It supports the implementation of a project in line with our selective policy of investing in quality assets with predictable cash-flow and long-term contracts, developed with solid financial partners. In the context of a series of recent financings, we remain committed to maintain a diverse and balanced portfolio with solid yields, capable of resilience in the face of changes in the real estate market and economic environment. This platform approach translates into long-term investment stability and clarity for investors”, said Sorin Preda, CEO and Global Vision Founder.
The Filip & Company team has included in a key role Camelia Ianțuc (senior associate) and has benefited from the expertise of Alexandra Manciulea (partner) and of Sandra Danciu (associate).
Filip & Company has one of the most dynamic and experienced Banking and Financial Services practices, being ranked in the top tier by the prestigious Legal 500 publication. The team includes specialists with extensive and successful experience in complex financial market transactions, gained in both domestic and international contexts.