“Our strategy is to reinvest the gained capital. We are willing to invest only our money, without resorting to banks. At present, we are negotiating with several companies, and in case we sign partnerships, the investment budget could amount to €100 million,” Global Vision’s founder and Chief Executive Officer, Sorin Preda, told Business Standard.
Businessmen Robert and Ionut Negoita, with activities in the real estate field and owners of the Rin Grand hotel in Bucharest, are also interested in acquiring real estate projects which have been initiated but are not yet finalized due to the fact that developers have encountered difficulties obtaining financing. The Negoita’s initial budget for acquisitions amounts to €7-10 mln.
