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PROPERTY MANAGEMENT
Global Vision is the largest independent property manager
nationwide and the fastest growing property management
company in Romania. While possessing the capabilities of
delivering integrated real estate solutions to medium and
large-scale investments, from property development and
building construction to property management, Global
Vision has chosen in recent years to focus its strategic
competences towards the property management industry.

Since its inception, Global Vision embraced an intelligent
management philosophy, emphasizing commitment, hard
work and flexibility, all underpinned by an undeterred
vision to understand, commit to and fully embrace our
clients’ business objectives.

We acknowledge that solid real estate investors and
asset holders have a vested interest in the professional
management of their properties as a key to returning a
sustainable profit. Coupled with Global Vision’s proficient
competencies, this market demand has driven us to
expand the business and invest in a full-service, world-
class property management business unit, covering
the entire range of services, from facility and financial
management to sales, leasing, marketing or legal services.

During the last six years, our focus on the property
management activity has driven us much further than we
initially anticipated, has motivated us to model industry
standards and develop future professionals, able to
discharge premium property management services and
thus secure all stakeholders’ interests. Our initiative of
founding the Romanian Institute of Property Management,
an organization that will provide the substance and the
best practices of the field, represents the most recent
act testifying our constant commitment to outstanding
property management services.

As the market grows more competitive and the clients
become more demanding, our industry will certainly
undertake challenging yet exciting developments. Global
Vision is looking forward to being an active part of these
developments, by continuously consolidating its business
stature and exceeding expectations.

                                             Sorin Preda
                                        Managing Director
CONTENTS


  4   ABOUT
      GLOBAL VISION
      Specialized in integrated
      property development and
      property management
      solutions for medium and
      large scale investments




                                       PROPERTY
                                  10   MANAGEMENT
                                       The operating business unit
                                       of Global Vision providing
                                       the entire range of property
                                       management services
MAjOR
              PROjECTS            26
     Comprehensive property
    management services for
  office buildings, residential
     compounds, commercial
galleries, mixed-use facilities




                                       THE ROMANIAN INSTITUTE Of
                                  PROPERTY MANAGEMENT                        76
                                           The training and development
                                                 corporate unit aiming to
                                             model and develop property
                                             management best practices
                                          and highly-qualified specialists
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.
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
                             Project Management & Building Construction
                             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
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.




                                                                            property management      7
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.

                                         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.




8     global vision
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.

                         Standards Compliance & Quality Control
                         Global Vision’s accredited specialists and commitment to customer service
                         ensures that manufacturer and industry standards are not simply met but
                         are well exceeded. Global Vision has obtained the following accreditations:
                         OHSAS 18000:2007, ISO 9001:2008, ISO 14001:2005, SA8000:2008.

                         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
Focused on standards     development and network infrastructure. They must also have the relevant
compliance, technical    manufacturer product knowledge and training. Health & safety procedures
     competence and      are strictly followed to endorse industry recognized standards.
 professional training
                         Project Management
                         Global Vision has the knowledge, technical understanding, strong
                         management skills and outstanding organizational competence required to
                         deliver the complex multi-disciplinary activity of project management.

                         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.

                         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.




                                                                            property management     9
PROPERTY

MANAGEMENT
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.
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 business unit that provides a comprehensive range of
                         property and facility management services for private property owners,
                         historic customers and new clients.

                         The Property Management division was set up to cater for the ever
                         increasing property owners demand to manage their assets and maximize
                         the income potential of their investments. 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,
        business unit    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.




12    global vision
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




                                                                                                        property management    13
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
 Building management,       consists of:
technical maintenance,
       safety & security,   Building management:
      cleaning services        Operational policies, procedures & forms
                               Managing operations for legal licenses (ISCIR, PRAM, RSVTI)
                               BMS (Building Management Systems) operation, maintenance and
                               upgrade
                               Reception services
                               Space management
                               Transformation and repair projects management
                               Operational reporting and 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 and emergency scenarios
                               Technical reporting
                               Managing subcontractors

                            Safety and security:
                               Safety policies, procedures and 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



  14     global vision
Safety and security
                        Technical maintenance



  Building management                                                 Cleaning services




Facility Management
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 and leasing team has been carefully selected to match Global
                           Vision’s extensive portfolio, and comprises specialists with more than five
                           years of experience gained with office, residential and mixed-use buildings
                           management, within renowned regional and global real estate clients.
     Sales and leasing
      policies, tenants’   The Sales & leasing management function of the Property Management
       liaison, contract   department consists of:
             monitoring
                              Sales and leasing policies, procedures and forms
                              Complete sales and leasing services, from lease negotiations, to lease
                              execution to renewal
                              Tenants’ liaison
                              Contract monitoring and contract management
                              Sales and leasing reporting and consultancy




16     global vision
Tenants’ liaision
                              Policies procedures and forms

                                                                             Contract monitoring and contract management
 Sales and leasing services




Sales & Leasing Management
MARKETING & 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.

                        Because Global Vision’s marketing and communication professionals have
                        developed a consistent career within multinational companies, advertising
                        agencies and real estate, they are able to both grasp the property’s
                        competitive advantage and efficiently communicate it to its target.
   Strategic property
          marketing,
 communication and      The Marketing and communication management function of the Property
     public relations   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




18    global vision
Communication and public relations


      Strategic property marketing




Marketing and Communication Management
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:

  Asset and portfolio     Budgeting and financial controlling:
 management, lease           Asset management
 audits, invoicing and       Portfolio management
             collection      Performance benchmarking
                             Lease audits
                             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




20    global vision
Budgeting and financial controlling

                                         Invoicing and collection




                                      Financial Management
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.

                             Global Vision efficiently designs, plans and controls supply-chain activities,
                             achieving the objective of creating net value, building competitive
                             infrastructure and synchronizing supply with client and project demand.

                             Based on projections of future market prices and demand, Global Vision is
                             able to optimize the level of inventory and minimize total costs during the
                             course of a project.
              Acquisition
         policies, pricing
        and contracting,     The Procurement & supply-chain management is a function of the Project
        management of        Management & Building Construction division and is discharged whenever
     outside contractors     the Property Management business unit requires it.
                             The function 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




22       global vision
External contractors’ management
Acquisition management




                  Procurement and Supply-chain Management
ADMINISTRATION & IT 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,        24/7 help desk services
     virtual concierge,      Handyman services (plumbing, electrical, mason and carpentry services)
 IT & IS management
                          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




                          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 and legal representation
 Legal management,           Contracts and forms
contracts and forms,         Specialized counseling on specific issues (commercial, litigation, etc.)
    legal counselling




24    global vision
Virtual concierge
Help desk


                                  IT and IS management




            Administration and IT Management
MAjOR

PROjECTS
Global Vision’s clients include private organizations and individuals,
solid investors, and real estate developers who seek industry-leading
experts with proven results, able to deliver the entire range of property
management services.
BOB TOWER
Global Vision delivers full property management services for the second
largest office building in Romania, which comprises 50,000 sqm of
office space and 17,000 sqm of developed land, and which required an
investment of €50,000,000.
BOB TOWER

                     In August 2010, Global Vision was appointed property manager for BOB
                     Tower, the second largest office building in Romania.

                     For the next five years, Global Vision will provide the entire range of property
                     management services: facility management (building and technical
                     management as well as security and access control), IT management,
                     leasing management, legal and financial management. Global Vision will
                     also be responsible for the property’s marketing and communication,
                     essential to deriving sustainable profit.

                     In terms of office space, BOB Tower is surpassed only by its twin tower,
                     BOC Tower. It comprises 50,000 sqm of office space and 17,000 sqm of
                     developed land and required an investment of €50,000,000.

                     The office building 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.

                     Global Vision had a significant involvement at each stage of the BOB
                     Tower’s life cycle, consistent with its business vision of offering integrated
                     real estate solutions. 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. The organization discharged property
                     development and building construction tasks, such as project design,
                     project management, technical installations and interior architecture.

                     Upon completion, Global Vision’s strong credentials and capabilities
                     recommended the organization as the best property manager for BOB
                     Tower.




30   global vision
BOC TOWER
Global Vision delivers full property management services for the largest
office building in Romania, which comprises 60,000 sqm of office space.
BOC TOWER

                     In August 2010, Global Vision was appointed property manager for BOC
                     Tower, the largest office building in Romania.

                     For the next five years, Global Vision will provide the entire range of property
                     management services: facility management (building and technical
                     management as well as security and access control), IT management,
                     leasing management, legal and financial management. Global Vision will
                     also be responsible for the property’s marketing and communication, with
                     the aim of achieving and maintaining 100% occupancy rate.

                     BOC Tower offers even more office space than its twin tower, BOB Tower.
                     It has seven floors, with three levels of underground parking and a total
                     area of 70,000 sqm, which required a €110,000,000 investment and 18
                     months of work. BOC Tower is located in the most coveted office location
                     in Bucharest and provides world-class services to the corporate tenants
                     occupying the 60,000 sqm of premium office space. Simply put, it redefines
                     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.

                     As in the case of BOB Tower, Global Vision’s involvement in the building
                     construction had already a successful record. The company had previously
                     won and fulfilled a building construction contract, which included
                     installations and building technology activities.

                     Global Vision’s high-standard service and extensive capabilities
                     recommended the company as the preferred property manager of the BOC
                     Tower.




34   global vision
UPGROUND RESIDENTIAL
Global Vision discharges the entire range of property management services
for Upground Residential, a luxury residential complex comprising 600
apartments developed on a total area of 130,000 sqm.
UPGROUND RESIDENTIAL

                     In July 2011, Global Vision signed a 5-year contract with the Upground
                     Residential owner, based on which the company delivers the entire range of
                     property management services.

                     The property management contract covers facility management tasks
                     (building management, technical maintenance, cleaning service and safety
                     and security), IT & administration management (24/7 help desk, virtual
                     concierge, handyman services), legal and financial management. Global
                     Vision has also assumed marketing and communication and sales and
                     leasing functions, and significantly contributes to returning a sustainable
                     profit for its client.

                     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 and medical facilities. Each residential unit has 17 levels and
                     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 its construction was
                     finished in early spring 2011. The property was largely sold out in advance
                     of completion, as buyers realized that owning one of these extraordinary
                     condominiums represents the quintessential lavish European lifestyle.

                     Global Vision is a genuine provider of real estate integrated solutions,
                     possessing also an extensive expertise in building construction and civil
                     engineering, built by its highly-qualified engineers and competent workers.
                     That is why the organization had previously won the contract for delivering
                     the installations and intelligent building technology systems for Upground
                     Residential, a contract valued at €3,000,000.

                     When the building was finalized, the owner selected Global Vision to
                     manage the asset, based on the organization’s excellent record as a
                     property manager.




38   global vision
CORPORATE CAMPUS

OMNILOGIC
Global Vision is the property manager of the Omnilogic Corporate Campus,
which includes two office buildings, a warehouse, a datacenter, and a
parking lot with a total GLA of 25,000 sqm.
CORPORATE CAMPUS

OMNILOGIC


                     In March 2011, Global Vision has signed a 5-year contract that covers the
                     property management for Omnilogic Corporate Campus.

                     As a property manager for Omnilogic’s mixed-use facility, Global Vision
                     has assumed facility management (building management, technical
                     maintenance, safety & security, cleaning services) and IT&C management of
                     all installed equipments.

                     With a total GLA of 25,000 sqm, Omnilogic Corporate Campus consists
                     of two office buildings of 12,000 sqm, a warehouse of 3,000 sqm, a
                     datacenter of 2,000 sqm (accredited by British Standard Institute with ISO
                     27000), and an 8,000 sqm parking lot.

                     Omnilogic Corporate Campus is one of the most treasured projects on which
                     Global Vision has worked, since it embodies the organization’s business
                     vision, focused on delivering the full package of real estate solutions,
                     corresponding to each stage of property’s life.

                     In March 2007, based on the company’s technical expertise and solid
                     development, the client chose Global Vision to undertake the complex
                     project of designing and developing a new business infrastructure,
                     which had to answer office, warehouse and data center needs. Global
                     Vision’s involvement covered property development, construction project
                     management, building construction & civil engineering. The company’s
                     tasks included structure execution, building and installation construction,
                     intelligent business technology systems, landscape architecture (interior &
                     exterior gardens) design, as well as on-site civil engineering (roads, alleys,
                     parking lots).

                     When the campus was finalized, Global Vision won the property
                     management contract of the mixed-use complex, ensuring thus that the
                     client will fully benefit from the investment.




42   global vision
OLYMPUS TOWER
Global Vision is the property manager of Olympus Tower, an AA-class
office building comprising 25,000 sqm office space and hosting a single
premium client.
OLYMPUS TOWER

                     In January 2009, Global Vision won a 5-year contract that covers a large
                     portion of property management service for Olympus Tower, and includes
                     facility management (building management, technical maintenance, safety
                     & security, cleaning services) and IT & admin tasks (24/7 help desk,
                     handyman services, virtual concierge).

                     Olympus is a five-level, AA-class office building dedicated to a single client,
                     and comprises 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.

                     Olympus Tower serves as 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.

                     As in the case of the majority of projects for which the organization acts
                     a property manager, Global Vision had been involved in the property
                     development and building construction and civil engineering of the Olympus
                     Tower. The company was in charge with entitlements and project design,
                     as well as installations, interior architecture, on-site civil engineering and
                     landscape architecture.

                     After delivering the building to the investor, Global Vision was selected as
                     the fittest organization to provide property management services.




46   global vision
11 IUNIE OffICE BUILDING
Global Vision acts as property manager for 11 Iunie Office building, an
eight-level construction finalized in 1997, which has a total surface area of
3,500 sqm and is rented to Hewlett-Packard.
11 IUNIE OffICE BUILDING

                     In January 2011, Global Vision signed a 3-year contract for the property
                     management of 11 Iunie Office building, covering facility management
                     services such as technical maintenance of elevators, generators, chillers,
                     boilers, fire pumps & hydrants, fire detection, cleaning services, as well as
                     security and access control management. According to the contract, the
                     company is also in charge with the management of all relations with
                     third-party suppliers.

                     With a total surface area of 3,500 sqm, 11 Iunie Office Building was
                     finalized in 1997 and has eight levels, one underground and seven above
                     ground.

                     The building is rented to Hewlett-Packard, one of the most prestigious
                     multinational IT&C companies, active in 170 countries worldwide. Since
                     HP’s core business is technology, it has strict requirements regarding the
                     technical standards of its buildings, most important of which is staying
                     continuously connected to its offices around the world, in order to run its
                     operations smoothly.

                     For this reason, the owner of 11 Iunie Office Building needed to hire
                     a property management company that could handle strict SLAs. The
                     proprietor found out that Global Vision is responsible for the property
                     management of the two biggest office buildings in Bucharest and Romania,
                     as well as for mixed-use facilities, and was therefore convinced that Global
                     Vision possesses the knowledge and the expertise required to successfully
                     perform such a complex job.




50   global vision
G4S
Global Vision delivers property management services for the G4S’
mixed-use business campus, which comprises an office building, a
warehouse, and a cash processing center, with a total GLA of 5,000 sqm.
G4S

                     In December 2009, Global Vision was selected property manager for G4S’
                     business campus, and currently discharges facility management services
                     (building management, technical maintenance, safety & security, cleaning
                     services) and IT & admin tasks (24/7 help desk, handyman services, virtual
                     concierge).

                     With a total GLA of 5,000 sqm, G4S’ mixed-use facility is composed of a
                     cash processing center, a warehouse and an office building, and required
                     an initial investment of €2,000,000.

                     G4S’ business campus is one of the organization’s milestone projects,
                     because it offered Global Vision the chance to prove once again that it
                     possesses a global understanding and an extensive real estate expertise,
                     that can grasp the big picture and make sure all stages of property growth
                     are taken into account and efficiently acted upon.

                     In May 2009, G4S closed a deal with Global Vision, based on which the
                     company delivered the entire range of real estate solutions, starting from
                     property development and construction & civil engineering to project
                     management. Its activities included identifying a strategic location for the
                     campus, feasibility studies, land acquisition, infrastructure development
                     and entitlements, project design. Global Vision was also in charge
                     with structure, building and installation construction, as well as on-site
                     engineering (roads, alleys, parking lots).

                     After 6 months, the company finalized the mixed-use industrial complex,
                     presented its property management credentials, and persuaded the client
                     that Global Vision is the property manager that could best answer the
                     campus needs.




54   global vision
EUROMASTER
Global Vision is the property manager of the new regional center of
Euromaster, part of the Michelin Group. The facility is a 5,000 sqm
turn-key industrial project that comprises an office building, a warehouse,
and a vehicle service area.
EUROMASTER

                     In October 2009, Global Vision was selected property manager for the newly
                     built regional center of Euromaster. The property management contract
                     focuses on facility management tasks: designing of technical policies and
                     procedures, maintenance of HVAC, elevators, power systems, and life and
                     safety systems’ (smoke & fire detection, signage & evacuation), business
                     continuity plans and emergency scenarios, as well as technical reporting.

                     The campus is a mixed-use project built on 5,000 sqm and consists of
                     an office building, a warehouse, and a vehicle service area. Euromaster
                     regional center from Ghiroda, Timis County, belongs to a representative
                     series of projects, which includes Omnilogic, G4S and FAN Courier
                     campuses, and which embodies the organization’s business vision, focused
                     on delivering the full package of real estate services, corresponding to each
                     stage of property’s life.

                     Global Vision had a consistent involvement in the project’s development,
                     and assumed responsibility for property development (market research,
                     site selection, feasibility studies, land acquisition, project design, and
                     infrastructure development), construction project management, structure
                     execution and on-site civil engineering (roads, alleys, parking lots). The
                     initial investment for developing the property amounted to €1,000,000.

                     Global Vision finalized the campus in 5 months and won the contract for
                     property management, due to its extensive knowledge of the asset and
                     outstanding record of discharging property management services.




58   global vision
fAN COURIER
Global Vision delivers property management services for FAN Courier’s new
logistics center that comprises a warehouse, a service facility and an office
area totaling 3,100 sqm.
fAN COURIER

                     Global Vision won the property management contract for FAN Courier’s
                     new logistics center. The agreement focuses on facility management
                     tasks: designing of technical policies and procedures, maintenance of
                     HVAC, elevators, power systems, and life and safety systems’ (smoke & fire
                     detection, signage & evacuation), business continuity plans and emergency
                     scenarios, as well as technical reporting.

                     Consistent with FAN Courier’s business strategy, the campus is a mixed-use
                     turn-key facility that serves the western part of Romania, one of the most
                     economically dynamic regions. It comprises 3,100 sqm and consists of a
                     warehouse, a service facility and an office area.

                     The logistics center belongs to a representative series of projects, which
                     includes Omnilogic, G4S and Euromaster campuses, and which embodies
                     Global Vision’s business strategy of delivering integrated real estate
                     solutions, managing the asset from its very inception until leasing it to the
                     client.

                     Global Vision’s commitment to project success included land development
                     tasks (market research, site selection, feasibility studies, entitlements,
                     land acquisition, and infrastructure development), actual construction and
                     civil engineering, as well as project management. The initial investment for
                     developing the property amounted to €1,000,000.

                     Upon completing the campus after 6 months of work, FAN Courier
                     authorized Global Vision to assume property management duties, taken into
                     consideration the organization’s premium portfolio that includes some of
                     the largest office and mixed-use buildings in Romania.




62   global vision
BASKETBALL ARENA
Global Vision is property manager of the Basketball Arena, a 2,000 sqm
basketball facility, built on 10,000 sqm property, which is compliant with
International Basketball Federation standards.
BASKETBALL ARENA

                     In December 2009, Global Vision won the property management contract
                     for the Basketball Arena, an agreement which included cleaning, security
                     and access control, technical maintenance and IT and administration
                     management services.

                     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 new Basketball Arena has a 2,000 sqm surface area built on 10,000
                     sqm property, 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.

                     Due to Global Vision’s significant expertise in building different types of
                     structures, as well as its diverse service offerings - property development,
                     project management, building construction and civil engineering, property
                     management, the company assumed a larger involvement in delivering
                     the project. Global Vision’s responsibilities included 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 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 organization’s outstanding track record in facility management,
                     FRB entrusted cleaning, security and access control, technical maintenance
                     and IT and administration management services to Global Vision.




66   global vision
SOUTH CENTER PARKING &

CITY MALL
Global Vision delivers property management services for City Mall, with a
GLA of 50,000 sqm, and South Center Parking, with a GLA of 34,000 sqm.
SOUTH CENTER PARKING &

CITY MALL


                     Global Vision has been acting as property manager for City Mall, being
                     responsible for facility management (technical maintenance, building
                     management, security and access control). Global Vision has also won
                     the contract for South Parking property management, which covers facility
                     management (technical maintenance, building management, security and
                     access control).

                     City Mall has a GLA of 50,000 sqm and was finalized after 18 months of
                     real estate development. City Mall is a unique and vibrant public place
                     where people come to meet friends, find out the latest fashion trends, and
                     enjoy an outstanding urban culture ambience. It is a place where different
                     frames of mind can come together and take delight in countless flavors of
                     their choice.

                     South Center Parking is the second largest parking building in Romania,
                     with a GLA of 34,000 sqm and required a total investment of €18,000,000,
                     made during 18 months of real estate development. South Center Parking
                     was initially raised in order to serve only 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.

                     Global Vision’s involvement in the development of both projects was
                     decisive in winning the property management contracts, since the company
                     acquired a comprehensive understanding of the assets’ needs.

                     For City Mall, Global Vision designed and implemented IT&C networks,
                     security systems, access control, fire security, power and power back-up
                     systems. Moreover, Global Vision signed on as project design and supplier
                     of ITBS for South Center Parking.

                     The investor decided that it is important to extend the partnership with
                     Global Vision as a property manager, since he needed reliable facility and
                     administration management services for the assets.




70   global vision
PGV TOWER
Global Vision provides project management services for PGV Tower, an
office building in downtown Bucharest that comprises 12 levels and
18,000 sqm.
PGV TOWER

                     Global Vision has been acting as property manager for PGV Tower, with
                     a contract that covers facility management (technical maintenance,
                     building management, security & access control) and IT and administration
                     management.

                     PGV Tower is a 18,000 sqm office building and datacenter, built on 12
                     levels. 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 levels 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.

                     Global Vision has provided PGV Tower with Intelligent Building Technology
                     Systems. During the execution period, the company identified the asset’s
                     characteristics and demands and made a competitive offer that won the
                     contract for facility and IT and administration management.




74   global vision
THE ROMANIAN INSTITUTE Of

PROPERTY MANAGEMENT
The Romanian Institute of Property Management 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.
THE ROMANIAN INSTITUTE Of

PROPERTY MANAGEMENT


                         The fastest growing property management company in Romania, Global
                         Vision has founded the Romanian Institute of Property Management,
                         a training and development corporate unit aiming to establish rigorous
                         industry professional standards, to train and grow a new generation of
                         property management specialists, able to deliver the entire range of tasks
                         composing one of the most important branches of real estate services.

                         Property Management is the science of managing the owners’ real estate
                         through maximizing the income potential of their investment and building
                         an excellent relationship with tenants and third-party suppliers.

                         As a business function, property management has been adopted by the
                         Romanian real estate market once investors realized they needed dedicated
                         specialists to increase the profitability level and to cater for the complex
                         needs of office buildings, commercial facilities, residential campuses or
                         mixed-use complexes.
 Focused on modeling
    and developing the   Although there are clients and service providers who tend to interpret it as
professional standards   pertaining only to facility management, the Romanian Institute of Property
     and competences     Management is aware that property management includes an entire set of
                         interconnecting functions, surpassing in scope and required expertise the
                         facility management competence.

                         From facility management to procurement services, from tenants’ liaison
                         to legal and financial management, from building management to sales
                         & marketing management, a premium property manager must have the
                         capability to integrate all services under a business division umbrella
                         and deliver them efficiently. Far from being a simple service provider, the
                         property manager must meet the interests of all stakeholders, and to
                         secure the property’s profit.

                         The Romanian Institute of Property Management has assumed the
                         challenging task of modeling and developing the professional standards
                         and competences in a management service area still nascent in Romania.




 78    global vision
The Romanian Institute of Property Management has set up comprehensive
                             training and career development programmes that address current and
                             future property management professionals’ needs at all levels of seniority.

                             The training and career development programmes are structured on the
                             eleven basic pillars composing the scope of property management:

                                Research and analysis

                                Strategy and planning

                                Financial and accounting

                                Property management

                                Facility management
    Training and career
           development          Sales and leasing
            programmes
               answering        Marketing and communications
  professionals’ needs
at all levels of seniority
                                Procurement and supply-chain

                                Customer service

                                Human resources

                                Legal and contract management

                             All training programmes include not only theoretical models and best
                             practices, but also real-life case studies that contribute to a better
                             understanding of the matter and function as a step-by-step practical guide
                             for trainee’s professional path.




                                                                               property management    79
RIPM QUALIfICATIONS

                                         RIPM offers four professional qualifications, designed for practising property
                                         management specialists and managers aspiring to higher positions.
                                         The focus of our programmes is rooted in property management practice,
                                         from junior levels to senior and executive levels.

                                         Our qualifications are integrated programmes, each comprising six courses
                                         (three compulsory courses and three electives) and balance your learning
                                         time between 60% case studies, exercises and applications with 40%
                                         theory and academic study.




              4      executive diploma
                     in property management

                                                       4
                                                                      3    professional diploma
                                                                           in property management

                                                       3
          professional certificate
     2    in property management

                                                       2

                                                                                  1    introductory certificate
                                                                                       in property management

                                                       1




80   global vision
1. RIPM Introductory Certificate in Property Management

Prerequisites:
   University or baccalaureate diploma
   No previous experience necessary
   Letter of reccommendation from current employer or academia
   Proficiency in English

2. RIPM Professional Certificate in Property Management

Prerequisites:
   RIPM Introductory Certificate in Property Management or
   Minimum 3-year experience in the property management industry
   Letter of reccommendation from current or former employer
   Proficiency in English

3. RIPM Professional Diploma in Property Management

Prerequisites:
   RIPM Professional Certificate in Property Management or
   Minimum 5-year experience in the property management industry, at
   middle-management level
   Letter of reccommendation from current employer or major clients
   Proficiency in English

4. RIPM Executive Diploma in Property Management

Prerequisites:
   RIPM Professional Diploma in Property Management or
   Minimum 5-year experience in the property management industry, at
   senior level
   Letter of reccommendation from current employer or major clients
   Proficiency in English




                                                 property management   81
RIPM QUALIfICATIONS

COURSE STRUCTURE


                       Research and                        Strategy and                     Financial and                    Property                         Facility
RIPM
                         analysis                            planning                        accounting                     management                      management
Scope             Understand industries and            Develop strategies and         Manage and evaluate financial       Develop and execute            Operate, maintain and
                          markets                           action plans                     performance                property and asset man-            adapt a real estate
                                                                                                                          agement strategies            facility to the market and
                                                                                                                                                          the owner’s business
                                                                                                                                                                  objectives
Business          Scan the             Analyse and   Drive,             Design, ex-   Understand     Lead and           Identify         Ensure the     Design          Effectively
competency        environment          interpret     participate in     ecute and     and execute    evaluate           and exploit      prop-          and deliver     manage
                  for relevant         available     and influence      understand    the budget-    financial and      property         erty’s full    profitable      and evalu-
                  informa-             information   strategy           imple-        ing and        accounting         manage-          potential is   facility        ate facility
                  tion about           according     formulation.       mentation     financial      teams for          ment op-         achieved       manage-         manage-
                  specific in-         to specific                      plans.        controlling    profitable real    portunities,                    ment            ment
                  dustries and         business                                       activities.    estate asset       calculate,                      services.       service
                  markets.             needs.                                                        management.        reduce and                                      providers.
                                                                                                                        manage
                                                                                                                        risks.


RIPM Executive Diploma in Property Management
Courses            B2B market research and             Aligning real estate with      Investment real estate. Financ-    Real estate asset man-         Strategic facility manage-
                    business intelligence.                 business strategy              ing and asset valuation               agement                            ment
3 compulsory        Managing complexity in
courses (C) + 3      marketing research
electives (E)                (E)                                  (E)                               (E)                            (C)                                (C)

RIPM Professional Diploma in Property Management
Courses             Fundamentals of market            Strategic management in          Strategic and financial plan-      Corporate property               Property and building
                     and marketing research            property management             ning for property managers       management. Managing             administration. Building
                   II. Designing research that                                                                            complex properties              intelligence and smart
3 compulsory            supports strategic                                                                                                                        systems
courses (C) + 3             objectives
electives (E)                   (E)                               (E)                               (E)                            (C)                                (C)

RIPM Professional Certificate in Property Management
Courses             Fundamentals of market             Implementing strategic           Financial control and ac-        Property management            Building maintenance for
                   and marketing research I.            objectives and goals            counting for non-financial         intermediate level              property managers
                   Analysing and interpreting                                                 professionals
3 compulsory                  data
courses (C) + 3
electives (E)                    (E)                              (E)                               (E)                            (C)                                (C)

RIPM Introductory Certificate in Property Management
Courses              Market and marketing             Entry level corporate and       Understanding basic financial      Property management              Facility management
                    research. Scanning the               business strategy                    statements                  introductory course              introductory course
3 compulsory             environment
courses (C) + 3
electives (E)                    (E)                              (E)                               (E)                            (C)                                (C)




 82       global vision
Marketing and              Procurement and                                                                             Legal & contract
    Sales and leasing                                                                           Customer service              Human resources
                                     communications                supply-chain                                                                               management
Understand, execute and             Develop marcom strate-        Understand procure-            Create and manage             Drive and implement         Understand legal issues,
manage a profitable real              gies and implement         ment and supply-chain,        customer-focused teams         organisational develop-         effectively execute
  estate sales process             integrated marcom plans       negotiations and best            and organisations            ment through human           contract management
                                                                       practices                                                     resources


Under-               Design        Drive, par-      Man-        Identify        Profitably    Understand        Develop      Understand       Manage       Under-       Effectively
stand                custom-       ticipate in      age and     the most        manage        the various       and imple-   the differ-      and evalu-   stand        manage
specifics of         ised sales    and execute      evaluate    impactful       and evalu-    dimensions        ment a       ent roles        ate the HR   contract     contract
sales and            processes,    integrated       advertis-   optimisa-       ate your      of customer       customer-    and respon-      depart-      manage-      creation and
leasing in           man-          marketing        ing agen-   tion oppor-     procure-      service in        focused      sibilities       ment’s       ment and     execution
the real             age and       communica-       cies and    tunities in     ment teams    the property      approach     of human         activity     ensure       for maximis-
estate               evaluate      tions plans.     internal    supply-         and supply-   management        at all       resources        and per-     compli-      ing financial
environ-             cross-or-                      marcom      chain.          chain         industry.         customer     in the prop-     formance.    ance with    perfor-
ment.                ganisation-                    teams.                      members.                        touch-       erty man-                     the terms    mance and
                     al sales                                                                                   points.      agement                       and con-     minimising
                     teams.                                                                                                  industry.                     ditions.     risks.

l
Managing and servicing              Leading and working in       Aligning supply-chain        Achieving profitable custom-     Human relations for          Authoring and negotiat-
 international key ac-              multifunctional marcom      management with corpo-         er-focused organisations        property and asset            ing complex property
 counts in real estate                      teams                     rate strategy                                                managers                 management contracts

               (C)                            (E)                             (E)                         (E)                           (E)                            (E)

l
Selling through different          Value-based B2B market-        Using supply-chain           Achieving customer excel-     Performance and talent         Contract management.
channels. Managing real              ing for non-marketing       management as a com-          lence in property manage-     management in human           Service level agreements
  estate sales teams                      professionals            petitive advantage                     ment                     resources                  and performance


               (C)                            (E)                             (E)                         (E)                           (E)                            (E)

l
    Solution selling in real        Integrated marketing        Operational excellence in     Quality teams and customer      Understanding human          Legal aspects. Landlord
            estate                 communications for real      procurement and supply-                   care                resources in property              and tenant
                                      estate properties            chain management                                           management: recruit-
                                                                                                                               ment, selection and
                                                                                                                                  development
               (C)                            (E)                             (E)                         (E)                          (E)                             (E)

l
Fundamentals of sales in             Fundamentals of            Fundamentals of supply-          Customer service at a        Human resources intro-       How to read and interpret
  a B2B environment                marketing and branding         chain management             glance. Complaints man-           ductory course                   a contract
                                                                                               agement, wired customer
                                                                                                        service
               (C)                            (E)                             (E)                         (E)                           (E)                            (E)




                                                                                                                                                 property management              83
BOC Tower, 3 George Constantinescu
7th Floor, 2nd District
Bucharest, Romania

Telephone: (+40) 21 316 70 01
Fax: (+40) 21 316 70 02

E-mail: office@globalvision.ro

www.globalvision.ro
www.globalvision.ro

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Global Vision-Property Management

  • 2.
  • 3. Global Vision is the largest independent property manager nationwide and the fastest growing property management company in Romania. While possessing the capabilities of delivering integrated real estate solutions to medium and large-scale investments, from property development and building construction to property management, Global Vision has chosen in recent years to focus its strategic competences towards the property management industry. Since its inception, Global Vision embraced an intelligent management philosophy, emphasizing commitment, hard work and flexibility, all underpinned by an undeterred vision to understand, commit to and fully embrace our clients’ business objectives. We acknowledge that solid real estate investors and asset holders have a vested interest in the professional management of their properties as a key to returning a sustainable profit. Coupled with Global Vision’s proficient competencies, this market demand has driven us to expand the business and invest in a full-service, world- class property management business unit, covering the entire range of services, from facility and financial management to sales, leasing, marketing or legal services. During the last six years, our focus on the property management activity has driven us much further than we initially anticipated, has motivated us to model industry standards and develop future professionals, able to discharge premium property management services and thus secure all stakeholders’ interests. Our initiative of founding the Romanian Institute of Property Management, an organization that will provide the substance and the best practices of the field, represents the most recent act testifying our constant commitment to outstanding property management services. As the market grows more competitive and the clients become more demanding, our industry will certainly undertake challenging yet exciting developments. Global Vision is looking forward to being an active part of these developments, by continuously consolidating its business stature and exceeding expectations. Sorin Preda Managing Director
  • 4. CONTENTS 4 ABOUT GLOBAL VISION Specialized in integrated property development and property management solutions for medium and large scale investments PROPERTY 10 MANAGEMENT The operating business unit of Global Vision providing the entire range of property management services
  • 5. MAjOR PROjECTS 26 Comprehensive property management services for office buildings, residential compounds, commercial galleries, mixed-use facilities THE ROMANIAN INSTITUTE Of PROPERTY MANAGEMENT 76 The training and development corporate unit aiming to model and develop property management best practices and highly-qualified specialists
  • 7. Global Vision is a group specialized in integrated real estate solutions for property development and property management of medium and large-scale investments.
  • 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 Project Management & Building Construction 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. property management 7
  • 10. 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. 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. 8 global vision
  • 11. 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. Standards Compliance & Quality Control Global Vision’s accredited specialists and commitment to customer service ensures that manufacturer and industry standards are not simply met but are well exceeded. Global Vision has obtained the following accreditations: OHSAS 18000:2007, ISO 9001:2008, ISO 14001:2005, SA8000:2008. 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 Focused on standards development and network infrastructure. They must also have the relevant compliance, technical manufacturer product knowledge and training. Health & safety procedures competence and are strictly followed to endorse industry recognized standards. professional training Project Management Global Vision has the knowledge, technical understanding, strong management skills and outstanding organizational competence required to deliver the complex multi-disciplinary activity of project management. 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. 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. property management 9
  • 13. 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.
  • 14. 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 business unit that provides a comprehensive range of property and facility management services for private property owners, historic customers and new clients. The Property Management division was set up to cater for the ever increasing property owners demand to manage their assets and maximize the income potential of their investments. 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, business unit 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. 12 global vision
  • 15. 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 property management 13
  • 16. 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 Building management, consists of: technical maintenance, safety & security, Building management: cleaning services Operational policies, procedures & forms Managing operations for legal licenses (ISCIR, PRAM, RSVTI) BMS (Building Management Systems) operation, maintenance and upgrade Reception services Space management Transformation and repair projects management Operational reporting and 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 and emergency scenarios Technical reporting Managing subcontractors Safety and security: Safety policies, procedures and 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 14 global vision
  • 17. Safety and security Technical maintenance Building management Cleaning services Facility Management
  • 18. 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 and leasing team has been carefully selected to match Global Vision’s extensive portfolio, and comprises specialists with more than five years of experience gained with office, residential and mixed-use buildings management, within renowned regional and global real estate clients. Sales and leasing policies, tenants’ The Sales & leasing management function of the Property Management liaison, contract department consists of: monitoring Sales and leasing policies, procedures and forms Complete sales and leasing services, from lease negotiations, to lease execution to renewal Tenants’ liaison Contract monitoring and contract management Sales and leasing reporting and consultancy 16 global vision
  • 19. Tenants’ liaision Policies procedures and forms Contract monitoring and contract management Sales and leasing services Sales & Leasing Management
  • 20. MARKETING & 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. Because Global Vision’s marketing and communication professionals have developed a consistent career within multinational companies, advertising agencies and real estate, they are able to both grasp the property’s competitive advantage and efficiently communicate it to its target. Strategic property marketing, communication and The Marketing and communication management function of the Property public relations 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 18 global vision
  • 21. Communication and public relations Strategic property marketing Marketing and Communication Management
  • 22. 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: Asset and portfolio Budgeting and financial controlling: management, lease Asset management audits, invoicing and Portfolio management collection Performance benchmarking Lease audits 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 20 global vision
  • 23. Budgeting and financial controlling Invoicing and collection Financial Management
  • 24. 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. Global Vision efficiently designs, plans and controls supply-chain activities, achieving the objective of creating net value, building competitive infrastructure and synchronizing supply with client and project demand. Based on projections of future market prices and demand, Global Vision is able to optimize the level of inventory and minimize total costs during the course of a project. Acquisition policies, pricing and contracting, The Procurement & supply-chain management is a function of the Project management of Management & Building Construction division and is discharged whenever outside contractors the Property Management business unit requires it. The function 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 22 global vision
  • 25. External contractors’ management Acquisition management Procurement and Supply-chain Management
  • 26. ADMINISTRATION & IT 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, 24/7 help desk services virtual concierge, Handyman services (plumbing, electrical, mason and carpentry services) IT & IS management 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 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 and legal representation Legal management, Contracts and forms contracts and forms, Specialized counseling on specific issues (commercial, litigation, etc.) legal counselling 24 global vision
  • 27. Virtual concierge Help desk IT and IS management Administration and IT Management
  • 29. Global Vision’s clients include private organizations and individuals, solid investors, and real estate developers who seek industry-leading experts with proven results, able to deliver the entire range of property management services.
  • 31. Global Vision delivers full property management services for the second largest office building in Romania, which comprises 50,000 sqm of office space and 17,000 sqm of developed land, and which required an investment of €50,000,000.
  • 32. BOB TOWER In August 2010, Global Vision was appointed property manager for BOB Tower, the second largest office building in Romania. For the next five years, Global Vision will provide the entire range of property management services: facility management (building and technical management as well as security and access control), IT management, leasing management, legal and financial management. Global Vision will also be responsible for the property’s marketing and communication, essential to deriving sustainable profit. In terms of office space, BOB Tower is surpassed only by its twin tower, BOC Tower. It comprises 50,000 sqm of office space and 17,000 sqm of developed land and required an investment of €50,000,000. The office building 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. Global Vision had a significant involvement at each stage of the BOB Tower’s life cycle, consistent with its business vision of offering integrated real estate solutions. 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. The organization discharged property development and building construction tasks, such as project design, project management, technical installations and interior architecture. Upon completion, Global Vision’s strong credentials and capabilities recommended the organization as the best property manager for BOB Tower. 30 global vision
  • 33.
  • 35. Global Vision delivers full property management services for the largest office building in Romania, which comprises 60,000 sqm of office space.
  • 36. BOC TOWER In August 2010, Global Vision was appointed property manager for BOC Tower, the largest office building in Romania. For the next five years, Global Vision will provide the entire range of property management services: facility management (building and technical management as well as security and access control), IT management, leasing management, legal and financial management. Global Vision will also be responsible for the property’s marketing and communication, with the aim of achieving and maintaining 100% occupancy rate. BOC Tower offers even more office space than its twin tower, BOB Tower. It has seven floors, with three levels of underground parking and a total area of 70,000 sqm, which required a €110,000,000 investment and 18 months of work. BOC Tower is located in the most coveted office location in Bucharest and provides world-class services to the corporate tenants occupying the 60,000 sqm of premium office space. Simply put, it redefines 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. As in the case of BOB Tower, Global Vision’s involvement in the building construction had already a successful record. The company had previously won and fulfilled a building construction contract, which included installations and building technology activities. Global Vision’s high-standard service and extensive capabilities recommended the company as the preferred property manager of the BOC Tower. 34 global vision
  • 37.
  • 39. Global Vision discharges the entire range of property management services for Upground Residential, a luxury residential complex comprising 600 apartments developed on a total area of 130,000 sqm.
  • 40. UPGROUND RESIDENTIAL In July 2011, Global Vision signed a 5-year contract with the Upground Residential owner, based on which the company delivers the entire range of property management services. The property management contract covers facility management tasks (building management, technical maintenance, cleaning service and safety and security), IT & administration management (24/7 help desk, virtual concierge, handyman services), legal and financial management. Global Vision has also assumed marketing and communication and sales and leasing functions, and significantly contributes to returning a sustainable profit for its client. 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 and medical facilities. Each residential unit has 17 levels and 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 its construction was finished in early spring 2011. The property was largely sold out in advance of completion, as buyers realized that owning one of these extraordinary condominiums represents the quintessential lavish European lifestyle. Global Vision is a genuine provider of real estate integrated solutions, possessing also an extensive expertise in building construction and civil engineering, built by its highly-qualified engineers and competent workers. That is why the organization had previously won the contract for delivering the installations and intelligent building technology systems for Upground Residential, a contract valued at €3,000,000. When the building was finalized, the owner selected Global Vision to manage the asset, based on the organization’s excellent record as a property manager. 38 global vision
  • 41.
  • 43. Global Vision is the property manager of the Omnilogic Corporate Campus, which includes two office buildings, a warehouse, a datacenter, and a parking lot with a total GLA of 25,000 sqm.
  • 44. CORPORATE CAMPUS OMNILOGIC In March 2011, Global Vision has signed a 5-year contract that covers the property management for Omnilogic Corporate Campus. As a property manager for Omnilogic’s mixed-use facility, Global Vision has assumed facility management (building management, technical maintenance, safety & security, cleaning services) and IT&C management of all installed equipments. With a total GLA of 25,000 sqm, Omnilogic Corporate Campus consists of two office buildings of 12,000 sqm, a warehouse of 3,000 sqm, a datacenter of 2,000 sqm (accredited by British Standard Institute with ISO 27000), and an 8,000 sqm parking lot. Omnilogic Corporate Campus is one of the most treasured projects on which Global Vision has worked, since it embodies the organization’s business vision, focused on delivering the full package of real estate solutions, corresponding to each stage of property’s life. In March 2007, based on the company’s technical expertise and solid development, the client chose Global Vision to undertake the complex project of designing and developing a new business infrastructure, which had to answer office, warehouse and data center needs. Global Vision’s involvement covered property development, construction project management, building construction & civil engineering. The company’s tasks included structure execution, building and installation construction, intelligent business technology systems, landscape architecture (interior & exterior gardens) design, as well as on-site civil engineering (roads, alleys, parking lots). When the campus was finalized, Global Vision won the property management contract of the mixed-use complex, ensuring thus that the client will fully benefit from the investment. 42 global vision
  • 45.
  • 47. Global Vision is the property manager of Olympus Tower, an AA-class office building comprising 25,000 sqm office space and hosting a single premium client.
  • 48. OLYMPUS TOWER In January 2009, Global Vision won a 5-year contract that covers a large portion of property management service for Olympus Tower, and includes facility management (building management, technical maintenance, safety & security, cleaning services) and IT & admin tasks (24/7 help desk, handyman services, virtual concierge). Olympus is a five-level, AA-class office building dedicated to a single client, and comprises 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. Olympus Tower serves as 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. As in the case of the majority of projects for which the organization acts a property manager, Global Vision had been involved in the property development and building construction and civil engineering of the Olympus Tower. The company was in charge with entitlements and project design, as well as installations, interior architecture, on-site civil engineering and landscape architecture. After delivering the building to the investor, Global Vision was selected as the fittest organization to provide property management services. 46 global vision
  • 49.
  • 50. 11 IUNIE OffICE BUILDING
  • 51. Global Vision acts as property manager for 11 Iunie Office building, an eight-level construction finalized in 1997, which has a total surface area of 3,500 sqm and is rented to Hewlett-Packard.
  • 52. 11 IUNIE OffICE BUILDING In January 2011, Global Vision signed a 3-year contract for the property management of 11 Iunie Office building, covering facility management services such as technical maintenance of elevators, generators, chillers, boilers, fire pumps & hydrants, fire detection, cleaning services, as well as security and access control management. According to the contract, the company is also in charge with the management of all relations with third-party suppliers. With a total surface area of 3,500 sqm, 11 Iunie Office Building was finalized in 1997 and has eight levels, one underground and seven above ground. The building is rented to Hewlett-Packard, one of the most prestigious multinational IT&C companies, active in 170 countries worldwide. Since HP’s core business is technology, it has strict requirements regarding the technical standards of its buildings, most important of which is staying continuously connected to its offices around the world, in order to run its operations smoothly. For this reason, the owner of 11 Iunie Office Building needed to hire a property management company that could handle strict SLAs. The proprietor found out that Global Vision is responsible for the property management of the two biggest office buildings in Bucharest and Romania, as well as for mixed-use facilities, and was therefore convinced that Global Vision possesses the knowledge and the expertise required to successfully perform such a complex job. 50 global vision
  • 53.
  • 54. G4S
  • 55. Global Vision delivers property management services for the G4S’ mixed-use business campus, which comprises an office building, a warehouse, and a cash processing center, with a total GLA of 5,000 sqm.
  • 56. G4S In December 2009, Global Vision was selected property manager for G4S’ business campus, and currently discharges facility management services (building management, technical maintenance, safety & security, cleaning services) and IT & admin tasks (24/7 help desk, handyman services, virtual concierge). With a total GLA of 5,000 sqm, G4S’ mixed-use facility is composed of a cash processing center, a warehouse and an office building, and required an initial investment of €2,000,000. G4S’ business campus is one of the organization’s milestone projects, because it offered Global Vision the chance to prove once again that it possesses a global understanding and an extensive real estate expertise, that can grasp the big picture and make sure all stages of property growth are taken into account and efficiently acted upon. In May 2009, G4S closed a deal with Global Vision, based on which the company delivered the entire range of real estate solutions, starting from property development and construction & civil engineering to project management. Its activities included identifying a strategic location for the campus, feasibility studies, land acquisition, infrastructure development and entitlements, project design. Global Vision was also in charge with structure, building and installation construction, as well as on-site engineering (roads, alleys, parking lots). After 6 months, the company finalized the mixed-use industrial complex, presented its property management credentials, and persuaded the client that Global Vision is the property manager that could best answer the campus needs. 54 global vision
  • 57.
  • 59. Global Vision is the property manager of the new regional center of Euromaster, part of the Michelin Group. The facility is a 5,000 sqm turn-key industrial project that comprises an office building, a warehouse, and a vehicle service area.
  • 60. EUROMASTER In October 2009, Global Vision was selected property manager for the newly built regional center of Euromaster. The property management contract focuses on facility management tasks: designing of technical policies and procedures, maintenance of HVAC, elevators, power systems, and life and safety systems’ (smoke & fire detection, signage & evacuation), business continuity plans and emergency scenarios, as well as technical reporting. The campus is a mixed-use project built on 5,000 sqm and consists of an office building, a warehouse, and a vehicle service area. Euromaster regional center from Ghiroda, Timis County, belongs to a representative series of projects, which includes Omnilogic, G4S and FAN Courier campuses, and which embodies the organization’s business vision, focused on delivering the full package of real estate services, corresponding to each stage of property’s life. Global Vision had a consistent involvement in the project’s development, and assumed responsibility for property development (market research, site selection, feasibility studies, land acquisition, project design, and infrastructure development), construction project management, structure execution and on-site civil engineering (roads, alleys, parking lots). The initial investment for developing the property amounted to €1,000,000. Global Vision finalized the campus in 5 months and won the contract for property management, due to its extensive knowledge of the asset and outstanding record of discharging property management services. 58 global vision
  • 61.
  • 63. Global Vision delivers property management services for FAN Courier’s new logistics center that comprises a warehouse, a service facility and an office area totaling 3,100 sqm.
  • 64. fAN COURIER Global Vision won the property management contract for FAN Courier’s new logistics center. The agreement focuses on facility management tasks: designing of technical policies and procedures, maintenance of HVAC, elevators, power systems, and life and safety systems’ (smoke & fire detection, signage & evacuation), business continuity plans and emergency scenarios, as well as technical reporting. Consistent with FAN Courier’s business strategy, the campus is a mixed-use turn-key facility that serves the western part of Romania, one of the most economically dynamic regions. It comprises 3,100 sqm and consists of a warehouse, a service facility and an office area. The logistics center belongs to a representative series of projects, which includes Omnilogic, G4S and Euromaster campuses, and which embodies Global Vision’s business strategy of delivering integrated real estate solutions, managing the asset from its very inception until leasing it to the client. Global Vision’s commitment to project success included land development tasks (market research, site selection, feasibility studies, entitlements, land acquisition, and infrastructure development), actual construction and civil engineering, as well as project management. The initial investment for developing the property amounted to €1,000,000. Upon completing the campus after 6 months of work, FAN Courier authorized Global Vision to assume property management duties, taken into consideration the organization’s premium portfolio that includes some of the largest office and mixed-use buildings in Romania. 62 global vision
  • 65.
  • 67. Global Vision is property manager of the Basketball Arena, a 2,000 sqm basketball facility, built on 10,000 sqm property, which is compliant with International Basketball Federation standards.
  • 68. BASKETBALL ARENA In December 2009, Global Vision won the property management contract for the Basketball Arena, an agreement which included cleaning, security and access control, technical maintenance and IT and administration management services. 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 new Basketball Arena has a 2,000 sqm surface area built on 10,000 sqm property, 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. Due to Global Vision’s significant expertise in building different types of structures, as well as its diverse service offerings - property development, project management, building construction and civil engineering, property management, the company assumed a larger involvement in delivering the project. Global Vision’s responsibilities included 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 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 organization’s outstanding track record in facility management, FRB entrusted cleaning, security and access control, technical maintenance and IT and administration management services to Global Vision. 66 global vision
  • 69.
  • 70. SOUTH CENTER PARKING & CITY MALL
  • 71. Global Vision delivers property management services for City Mall, with a GLA of 50,000 sqm, and South Center Parking, with a GLA of 34,000 sqm.
  • 72. SOUTH CENTER PARKING & CITY MALL Global Vision has been acting as property manager for City Mall, being responsible for facility management (technical maintenance, building management, security and access control). Global Vision has also won the contract for South Parking property management, which covers facility management (technical maintenance, building management, security and access control). City Mall has a GLA of 50,000 sqm and was finalized after 18 months of real estate development. City Mall is a unique and vibrant public place where people come to meet friends, find out the latest fashion trends, and enjoy an outstanding urban culture ambience. It is a place where different frames of mind can come together and take delight in countless flavors of their choice. South Center Parking is the second largest parking building in Romania, with a GLA of 34,000 sqm and required a total investment of €18,000,000, made during 18 months of real estate development. South Center Parking was initially raised in order to serve only 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. Global Vision’s involvement in the development of both projects was decisive in winning the property management contracts, since the company acquired a comprehensive understanding of the assets’ needs. For City Mall, Global Vision designed and implemented IT&C networks, security systems, access control, fire security, power and power back-up systems. Moreover, Global Vision signed on as project design and supplier of ITBS for South Center Parking. The investor decided that it is important to extend the partnership with Global Vision as a property manager, since he needed reliable facility and administration management services for the assets. 70 global vision
  • 73.
  • 75. Global Vision provides project management services for PGV Tower, an office building in downtown Bucharest that comprises 12 levels and 18,000 sqm.
  • 76. PGV TOWER Global Vision has been acting as property manager for PGV Tower, with a contract that covers facility management (technical maintenance, building management, security & access control) and IT and administration management. PGV Tower is a 18,000 sqm office building and datacenter, built on 12 levels. 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 levels 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. Global Vision has provided PGV Tower with Intelligent Building Technology Systems. During the execution period, the company identified the asset’s characteristics and demands and made a competitive offer that won the contract for facility and IT and administration management. 74 global vision
  • 77.
  • 78. THE ROMANIAN INSTITUTE Of PROPERTY MANAGEMENT
  • 79. The Romanian Institute of Property Management 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.
  • 80. THE ROMANIAN INSTITUTE Of PROPERTY MANAGEMENT The fastest growing property management company in Romania, Global Vision has founded the Romanian Institute of Property Management, a training and development corporate unit aiming to establish rigorous industry professional standards, to train and grow a new generation of property management specialists, able to deliver the entire range of tasks composing one of the most important branches of real estate services. Property Management is the science of managing the owners’ real estate through maximizing the income potential of their investment and building an excellent relationship with tenants and third-party suppliers. As a business function, property management has been adopted by the Romanian real estate market once investors realized they needed dedicated specialists to increase the profitability level and to cater for the complex needs of office buildings, commercial facilities, residential campuses or mixed-use complexes. Focused on modeling and developing the Although there are clients and service providers who tend to interpret it as professional standards pertaining only to facility management, the Romanian Institute of Property and competences Management is aware that property management includes an entire set of interconnecting functions, surpassing in scope and required expertise the facility management competence. From facility management to procurement services, from tenants’ liaison to legal and financial management, from building management to sales & marketing management, a premium property manager must have the capability to integrate all services under a business division umbrella and deliver them efficiently. Far from being a simple service provider, the property manager must meet the interests of all stakeholders, and to secure the property’s profit. The Romanian Institute of Property Management has assumed the challenging task of modeling and developing the professional standards and competences in a management service area still nascent in Romania. 78 global vision
  • 81. The Romanian Institute of Property Management has set up comprehensive training and career development programmes that address current and future property management professionals’ needs at all levels of seniority. The training and career development programmes are structured on the eleven basic pillars composing the scope of property management: Research and analysis Strategy and planning Financial and accounting Property management Facility management Training and career development Sales and leasing programmes answering Marketing and communications professionals’ needs at all levels of seniority Procurement and supply-chain Customer service Human resources Legal and contract management All training programmes include not only theoretical models and best practices, but also real-life case studies that contribute to a better understanding of the matter and function as a step-by-step practical guide for trainee’s professional path. property management 79
  • 82. RIPM QUALIfICATIONS RIPM offers four professional qualifications, designed for practising property management specialists and managers aspiring to higher positions. The focus of our programmes is rooted in property management practice, from junior levels to senior and executive levels. Our qualifications are integrated programmes, each comprising six courses (three compulsory courses and three electives) and balance your learning time between 60% case studies, exercises and applications with 40% theory and academic study. 4 executive diploma in property management 4 3 professional diploma in property management 3 professional certificate 2 in property management 2 1 introductory certificate in property management 1 80 global vision
  • 83. 1. RIPM Introductory Certificate in Property Management Prerequisites: University or baccalaureate diploma No previous experience necessary Letter of reccommendation from current employer or academia Proficiency in English 2. RIPM Professional Certificate in Property Management Prerequisites: RIPM Introductory Certificate in Property Management or Minimum 3-year experience in the property management industry Letter of reccommendation from current or former employer Proficiency in English 3. RIPM Professional Diploma in Property Management Prerequisites: RIPM Professional Certificate in Property Management or Minimum 5-year experience in the property management industry, at middle-management level Letter of reccommendation from current employer or major clients Proficiency in English 4. RIPM Executive Diploma in Property Management Prerequisites: RIPM Professional Diploma in Property Management or Minimum 5-year experience in the property management industry, at senior level Letter of reccommendation from current employer or major clients Proficiency in English property management 81
  • 84. RIPM QUALIfICATIONS COURSE STRUCTURE Research and Strategy and Financial and Property Facility RIPM analysis planning accounting management management Scope Understand industries and Develop strategies and Manage and evaluate financial Develop and execute Operate, maintain and markets action plans performance property and asset man- adapt a real estate agement strategies facility to the market and the owner’s business objectives Business Scan the Analyse and Drive, Design, ex- Understand Lead and Identify Ensure the Design Effectively competency environment interpret participate in ecute and and execute evaluate and exploit prop- and deliver manage for relevant available and influence understand the budget- financial and property erty’s full profitable and evalu- informa- information strategy imple- ing and accounting manage- potential is facility ate facility tion about according formulation. mentation financial teams for ment op- achieved manage- manage- specific in- to specific plans. controlling profitable real portunities, ment ment dustries and business activities. estate asset calculate, services. service markets. needs. management. reduce and providers. manage risks. RIPM Executive Diploma in Property Management Courses B2B market research and Aligning real estate with Investment real estate. Financ- Real estate asset man- Strategic facility manage- business intelligence. business strategy ing and asset valuation agement ment 3 compulsory Managing complexity in courses (C) + 3 marketing research electives (E) (E) (E) (E) (C) (C) RIPM Professional Diploma in Property Management Courses Fundamentals of market Strategic management in Strategic and financial plan- Corporate property Property and building and marketing research property management ning for property managers management. Managing administration. Building II. Designing research that complex properties intelligence and smart 3 compulsory supports strategic systems courses (C) + 3 objectives electives (E) (E) (E) (E) (C) (C) RIPM Professional Certificate in Property Management Courses Fundamentals of market Implementing strategic Financial control and ac- Property management Building maintenance for and marketing research I. objectives and goals counting for non-financial intermediate level property managers Analysing and interpreting professionals 3 compulsory data courses (C) + 3 electives (E) (E) (E) (E) (C) (C) RIPM Introductory Certificate in Property Management Courses Market and marketing Entry level corporate and Understanding basic financial Property management Facility management research. Scanning the business strategy statements introductory course introductory course 3 compulsory environment courses (C) + 3 electives (E) (E) (E) (E) (C) (C) 82 global vision
  • 85. Marketing and Procurement and Legal & contract Sales and leasing Customer service Human resources communications supply-chain management Understand, execute and Develop marcom strate- Understand procure- Create and manage Drive and implement Understand legal issues, manage a profitable real gies and implement ment and supply-chain, customer-focused teams organisational develop- effectively execute estate sales process integrated marcom plans negotiations and best and organisations ment through human contract management practices resources Under- Design Drive, par- Man- Identify Profitably Understand Develop Understand Manage Under- Effectively stand custom- ticipate in age and the most manage the various and imple- the differ- and evalu- stand manage specifics of ised sales and execute evaluate impactful and evalu- dimensions ment a ent roles ate the HR contract contract sales and processes, integrated advertis- optimisa- ate your of customer customer- and respon- depart- manage- creation and leasing in man- marketing ing agen- tion oppor- procure- service in focused sibilities ment’s ment and execution the real age and communica- cies and tunities in ment teams the property approach of human activity ensure for maximis- estate evaluate tions plans. internal supply- and supply- management at all resources and per- compli- ing financial environ- cross-or- marcom chain. chain industry. customer in the prop- formance. ance with perfor- ment. ganisation- teams. members. touch- erty man- the terms mance and al sales points. agement and con- minimising teams. industry. ditions. risks. l Managing and servicing Leading and working in Aligning supply-chain Achieving profitable custom- Human relations for Authoring and negotiat- international key ac- multifunctional marcom management with corpo- er-focused organisations property and asset ing complex property counts in real estate teams rate strategy managers management contracts (C) (E) (E) (E) (E) (E) l Selling through different Value-based B2B market- Using supply-chain Achieving customer excel- Performance and talent Contract management. channels. Managing real ing for non-marketing management as a com- lence in property manage- management in human Service level agreements estate sales teams professionals petitive advantage ment resources and performance (C) (E) (E) (E) (E) (E) l Solution selling in real Integrated marketing Operational excellence in Quality teams and customer Understanding human Legal aspects. Landlord estate communications for real procurement and supply- care resources in property and tenant estate properties chain management management: recruit- ment, selection and development (C) (E) (E) (E) (E) (E) l Fundamentals of sales in Fundamentals of Fundamentals of supply- Customer service at a Human resources intro- How to read and interpret a B2B environment marketing and branding chain management glance. Complaints man- ductory course a contract agement, wired customer service (C) (E) (E) (E) (E) (E) property management 83
  • 86. BOC Tower, 3 George Constantinescu 7th Floor, 2nd District Bucharest, Romania Telephone: (+40) 21 316 70 01 Fax: (+40) 21 316 70 02 E-mail: office@globalvision.ro www.globalvision.ro
  • 87.