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.




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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