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.




New leases

  • UDH, one of Poland’s largest distributors of premium imported beers, has leased approximately 1,400 sq m of modern warehouse and office space at the Park Rysy Kraków distribution centre. The tenant, which has chosen to expand its operations in southern Poland, was once again represented by AXI IMMO.
  • Golden Star Estate has secured a long-term lease agreement with global technology solutions and consulting provider C&F for nearly 1,900 sqm of office space at the Konstruktorska Business Center. Following the transaction, the property, located in Warsaw’s Mokotów business district, is now almost fully leased. The Polish branch of C&F will officially relocate to the facility at the beginning of 2027.
  • Natland Group has committed to its long-term presence at Prague-based Rohan Business Center through a lease extension covering 2,004 sqm of office space, together with storage facilities and dedicated parking spaces, in a deal brokered by iO Partners.

New appointments

  • Indotek Group has announced the appointment of Diederik Bakker as Group Chief Investment Officer and Group Head of Asset Management. In his new role, the Dutch real estate investment professional will gradually assume responsibility for the company's ITAM (investment, transaction, and asset management) activities across 12 European countries, supporting the next phase of Indotek Group’s growth. His focus includes facilitating sound investment decisions across Europe and developing a group-level portfolio management strategy that combines local market knowledge with international asset management know-how.
  • Peakside Capital Advisors has appointed Bogi Gabrovic to advise the board and support its investment and acquisition activities in Poland. Gabrovic brings more than 25 years of CEE real estate experience to the role, having previously held senior executive positions at CTP, Golub & Company, and White Star Real Estate, where she managed transactions exceeding €2 billion.
  • Katarína Brydone, Jana Vlková and Vendula Maršová have been appointed as the first Equity Partners of Colliers’ Czech business. Brydone brings more than 20 years of experience in international real estate. Vlková has more than 25 years of experience in commercial real estate. Maršová, Partner and Head of Valuation and Advisory Services, brings more than 16 years of experience in real estate valuation and advisory.

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