Romanian cosmetics firm Green Net leases 2.500 sq m office, storage space near Bucharest

Green Net leased both offices and storage areas in Chitila Logistics Hub, Globalworth said in a press release.

"Green Net wanted to increase its storage capacity by moving its logistics headquarters to a new, significantly larger space. This is why we chose Chitila Logistic Hub, developed by Global Vision and Globalworth," Green Net general manager Andreea Gheorghiu said.

Chitila Logistics Hub is a 23,100 sq m logistics park located in Ilfov County, near Bucharest.

Established in 1999, Green Net imports and distributes cosmetics, dermato-cosmetics, food supplements and para-pharmaceuticals.

Globalworth is a listed real estate company active in Central and Eastern Europe, quoted on the AIM-segment of the London Stock Exchange. It has become the pre-eminent office investor in the CEE real estate market through its market-leading positions both in Romania and in Poland, with a combined portfolio value of 3 billion euro ($3.56 billion).

Global Vision is a Romanian company founded 16 years ago which has so far developed and built over 1.6 million sq m and manages approximately 800,000 sq m within its property and facility management division.

($= 0.8421 euro)