Globalworth starts new office development in Bucharest

03
Dec
2025
News - Globalworth starts new office development in Bucharest #Bucharest #Construction #Ema Iftimie #Globalworth #Green Court D #LEED #Office #Romania #WELL

by Property Forum | Office

Globalworth Romania has begun construction of Green Court D, the fourth building in the Green Court complex in Bucharest's Aurel Vlaicu area. The project is scheduled for completion in 2027 and is currently in the preliminary construction stage involving enclosure and basement excavations.


The building will offer approximately 16,500 sqm of office space across ground floor and 11 upper floors, with three underground parking levels. The project has already secured a 30% pre-lease rate.

"Our latest project, Green Court D, combines state-of-the-art technology and green solutions with sophisticated and comfortable spaces, strengthening Globalworth's position as the largest business community in Romania," said Ema Iftimie, Managing Director of Globalworth Romania.

Green Court D will feature a geothermal system with 19 wells drilled at 125m depth, heat pumps, air-cooled chillers using environmentally friendly refrigerant, and air handling units with heat recovery systems. The building will include a 168 kWp photovoltaic installation, full LED lighting, and EC-motor fan coils for enhanced efficiency.

The building is targeting LEED Platinum certification along with WELL Health & Safety and Access4you certifications. During H1 2025, Globalworth Romania invested approximately €20 million in improvement initiatives across its existing portfolio to increase efficiency and reduce emissions.




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  • The global fintech group - Capital.com - has extended its lease agreement for 3,000 sqm of office space in the Skyliner office building in Warsaw until 2032. Over the past 12 months, lease extension agreements for a total of nearly 12,000 sqm have been signed in the building.
  • REHAU, a global manufacturer of advanced polymer solutions, has signed a lease for approximately 4,100 sqm of space at MLP Business Park Poznań. The new facility will integrate warehouse operations with modern office space and a dedicated showroom for product presentations, corporate meetings, and technical training.
  • RecuNova has leased 305 sqm in the Bucharest-based Olympia Tower office building for a new medical clinic. The lease deal was brokered by Activ Property Services.

New appointments

  • Romanian office developer Genesis Property has appointed Cătălin Niculiță as Leasing Manager. With nearly 20 years of experience in the real estate industry, he has held leadership roles at real estate companies such as Atenor, collaborating with major office tenants in the banking, telecom, and IT sectors.
  • Krzysztof Wróblewski (MRICS) has been named Head of Portfolio Management CEE at Peakside Capital Advisors, responsible for overseeing investments and managing the real estate portfolio. He succeeds Christopher Smith in this role.
  • Garbe Industrial is reorganising its senior leadership team. CEO Christopher Garbe will now focus on strategic orientation and international activities. Jan Philipp Daun assumes leadership of the Development division alongside his existing Investment and Joint Venture responsibilities. Andrea Agrusow expands her remit to include Portfolio Management while retaining control of Commercial and Real Estate Management. Additionally, Michael Marcinek and Maik Zeranski will now jointly head the restructured Development unit as Management Board Members, succeeding Adrian Zellner.


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