Globalworth has announced the appointment of Dennis Selinas as the new CEO starting January 2023, replacing Dimitris Raptis, who will step down from the executive role and the position of board member at the end of this year.
Selinas is currently managing the real estate portfolio of Argo Capital Management Limited, an AIM-listed fund management company, which consists of €500 millions of retail assets in South and Eastern European shopping centres and land, including in Romania. He has more than 20 years’ worth of experience in the financial and property industries.
Globalworth’s new CEO started his career trading fixed-income derivatives at the Bank of Montreal and moved to M&A with Lazard London after graduating from London Business School. He has held senior positions at Argo Capital Management and Charlemagne Capital and has been involved in all aspects of property investment.
“All that the team has achieved to date is a solid foundation for further thoughtful growth, innovation in asset management and a continuous improvement of service to our tenants and delivery of value to our shareholders," said Selinas.
Raptis has been the CEO of Globalworth since 2020 and was Deputy CEO and Chief Investment Officer of the company since 2013.
"My tenure with Globalworth has been the greatest accomplishment of my professional career. Starting from relatively modest beginnings as a real estate developer in Bucharest, Romania, to becoming not only the leading office investor and landlord in Central and Eastern Europe but also one of the most admired, respected, and recognized real estate corporates and brands in the region has been a phenomenal journey full of excitement, challenges at times, and immense professional and personal fulfilment,” said Raptis.
Globalworth's portfolio in Poland and Romania has a combined value of €3.2 billion and is managed by an internal team of over 240 professionals.
