Globalworth secures €40 million financing for Green Court office extension

16
Mar
2026
News - Globalworth secures €40 million financing for Green Court office extension #BT #Bucharest #Cosmin Călin #Globalworth #Green Court #Mihai Zaharia #Office #Romania

by Property Forum | Office

BT has granted Globalworth financing of nearly €40 million for the development of the fourth office building within the Green Court complex in northern Bucharest.


The new building will integrate technologies and energy efficiency solutions, contributing to raising the standards of the office market in Bucharest. The project, whose construction began in Q4 2025, will add 16,500 sqm of office space, distributed across three underground levels, ground floor and 11 floors, with completion estimated for 2027.

Green Court is a complex of office buildings, certified LEED Platinum, with high standards of sustainability and energy efficiency. The ensemble comprises three completed buildings (A, B and C), with a total area of over 54,300 sqm. The entire ensemble is financed by BT, with the total amount being over €95 million.

"The new project aligns with our bank's direction to support responsible investments and developments with positive impact in the community," said Cosmin Călin, Senior Executive Director Large Companies, Structured Finance and Factoring at BT.

Mihai Zaharia, Head of Investments Romania and Group Capital Markets Director at Globalworth, noted that the expansion of the Green Court project reflects the natural evolution of an office ensemble that has already established itself as a landmark in the business area of northern Bucharest. Globalworth is the leader of the office market in Romania and one of the largest office investors in CEE, active in Romania and Poland.




Latest news


New leases

  • Vastint Romania secured its first tenant for Bucharest-based Timpuri Noi Square Phase 2, signing SCOR for 3,250 sqm. The transaction, brokered by CBRE, facilitates SCOR’s expansion within Vastint’s local portfolio. The company has previously leased 2,320 sqm in Business Garden Bucharest.
  • EVO Properties has named Alexandru Marin as the new Property Manager for the London and Oslo office buildings in Bucharest. He brings over 15 years of property management experience.
  • IF&B Mille Sapori, the importer and distributor of Italian food products in Poland, has leased 4,118 sqm in the MLP Pruszków II complex. The lease deal was brokered by Coldwell Banker Commercial.

New appointments

  • 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.
  • Michał Kochanowski-Laren has joined Avison Young Poland’s Technical Advisory and Project Management team as Project Manager. In his new role, he is responsible for delivering a variety of consultancy projects across all segments of the commercial real estate market in Poland. Kochanowski-Laren is an electrical engineer and a graduate of the Warsaw University of Technology.


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