Globalworth builds new office tower in Bucharest

22
Jun
2018
News - Globalworth builds new office tower in Bucharest #Bucharest #development #Globalworth #office #Romania

by Property Forum | Office

After delivering the first two office buildings of the Globalworth Campus complex in Bucharest, the developer has started the construction of Tower 3, with a total leasable area of 35,000 sqm. Upon completion, Globalworth Campus will comprise three main office towers offering 92,000 sqm of leasable area and 760 parking spaces, along with green areas and a large conference hall.


“Globalworth Campus is a landmark project in our portfolio, a state of the art development, offering both office and retail spaces, along with a series of amenities, and it will be finalized at the end of 2019. At the moment, both of the delivered buildings, Tower 1 and Tower 2, are leasing well and we are in advanced negotiation for the last office building, Tower 3”, stated Ema Iftimie, Head of Leasing.
 
Tower 1 was delivered in July 2017 and its 29,000 sqm are occupied by Amazon and Honeywell. The second building from the office project, Tower 2, was finalized in April 2018, offering additional 28,000 sqm leased to Stefanini Romania, Mazars Romania, Chain IQ and P4Cards. Also, by the end of next year, the project will also integrate one of Bucharest's largest conference centres, developed to the highest standards in the market. Globalworth Campus is under BREAM certification.
 
Moreover, Globalworth is working on developing the fourth building in the Green Court complex, which will meet the standards of the existing three, both architecturally and in terms of quality and energy efficiency. The developer also plans to start the construction of Globalworth Square, located in the immediate vicinity of the office complex.



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New leases

  • IAG GBS Poland, the shared services arm of the International Airlines Group (IAG), has finalised a lease renewal for 2,246 sqm of office space within the O3 Business Campus in Krakow. The decision to remain in the current location followed a comprehensive market analysis and workplace audit conducted by Savills.
  • Golden Star Estate has secured two ground-floor tenants at its Warsaw-based Konstruktorska Business Center. 5 SENSES has signed as the new canteen operator, occupying 560 sqm of ground-floor retail space. Concurrently, CONTRACT Meble Biurowe has extended its commitment to the property. The firm, which has operated a publicly accessible showroom at the site since 2021, renewed its lease for 350 sqm on the ground floor.
  • American retailer GAP entered the Romanian market at Fashion House Militari, followed by the launch of an Italian Stefanel store at Fashion House Pallady, with a further Stefanel location scheduled to open shortly in Militari.

New appointments

  • Avison Young has strengthened its Polish leadership with three senior promotions. Patryk Błach ascends to Associate Director within the Investment Advisory Department. Kamil Głowienka has been named Senior Project Manager. Furthermore, Katarzyna Uzar becomes a Valuation and Innovation Specialist, tasked with integrating technological solutions and coordinating global departmental projects.
  • Katarzyna Myjak has joined Axi Immo as Senior Business Advisory Manager, tasked with strengthening the company’s Industrial & Logistics business line.
  • Czech investment group SCF has expanded its team by appointing Jan Simandl as Senior Leasing Team Leader. In this role, Simandl will oversee leasing activities across the company’s commercial property portfolio. He previously worked for CPI Property Group and CBRE.


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