ARTICLES LABELLED WITH TAG globalworth
03
Dec
2025
Dec
2025
Globalworth starts new office development in Bucharest
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.
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06
Nov
2025
Nov
2025
Globalworth appoints joint CEOs as Dennis Selinas steps down
Globalworth has appointed Piotr Olendski and Roy Vishnovizki as Joint Chief Executive Officers. Dennis Selinas, who served as CEO for three years, will step down to pursue other opportunities and support an orderly transition.
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04
Nov
2025
Nov
2025
Globalworth renews Access4you certification for entire Romanian portfolio
Globalworth has renewed its Access4you certification for all 16 office buildings in its Romanian portfolio, totaling almost 500,000 sqm. The recertification, conducted with consultancy services from Colliers, marks the second three-year certification cycle for the leading office investor in CEE.
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26
Jun
2025
Jun
2025
Fitch affirms Globalworth's BBB- rating
Fitch Ratings has affirmed Globalworth's Long-Term Issuer Default Rating (IDR) and senior unsecured debt rating at BBB- with a stable outlook, noting the company's efforts in deleveraging and its robust commercial portfolio across Poland and Romania.
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19
Jun
2025
Jun
2025
Office markets are now entering a new phase of opportunity
Dennis Selinas, CEO of Globalworth Group, talked to Property Forum about the demand trends for offices in Bucharest and the 'flight to quality' towards ESG-ready office buildings in the market.
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23
Apr
2025
Apr
2025
Globalworth extends office portfolio financing with Helaba and pbb
Globalworth and the consortium of banks Helaba and pbb have announced the signing of an agreement extending the bank financing for the office real estate portfolio by an additional 5 years. The initial loan of €100 million was granted in 2018 to finance multiple properties. The financing continues to be secured on a number of assets in Poland: Centrum Biurowe Lubicz, Tryton Business Park and Spektrum Tower.
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04
Feb
2025
Feb
2025
Property investments in Romania reach €750 million in 2024
Commercial real estate investments in Romania reached €750 million in 2024, marking a 58% increase compared to the previous year, though slightly below the €800 million annual average recorded over the past decade, according to a Colliers report.
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25
Jul
2024
Jul
2024
PeliPartners assists WDP on industrial deal in Romania
Law firm PeliPartners has assisted WDP in the acquisition of several industrial projects and a landbank from Globalworth and Global Vision.
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24
Jul
2024
Jul
2024
Kinstellar advises Globalworth on deal with WDP
Law firm Kinstellar has advised Globalworth on the sale of a logistics portfolio in Romania to WDP, in one of the biggest industrial transactions completed in Romania in the year to date.
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22
Jul
2024
Jul
2024
WDP makes large industrial purchase in Romania
WDP has purchased several industrial projects and land plots from Globalworth and Global Vision for around €110 million.
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Latest news
- Romania's average property deal under €60 million in 2025
- Polish regional office market shows first vacancy fall in years
- Kyiv office market grows in 2025 despite wartime pressures
- DL Invest Group signs JV with Boosteroid for data centres
- Prima Development to scale Bucharest resi deliveries to 1,000 units per year
- Romanian investors drive 30% of property deals in 2025
- Cavare sells PRS project in Gdańsk to Urban Partners
- Trigranit extends office lease deal with Ringier Axel Springer in Warsaw
- Panattoni to deliver second Polish facility for Danfoss this spring
- Local investors gain strength as global uncertainty rises
New leases
- EPP's Galeria Sudecka in Jelenia Góra is strengthening its offering with lifestyle and service brands, including a newly opened Fit Style gym, the addition of Rituals Cosmetics and Kodano Optyk, and the expansion of Medicine and Wakacje.pl. The new agreements and renewals in Galeria Sudecka cover almost 1,900 sqm of commercial space.
- Flex office space operator Mindspace announced the signing of a 10-year lease for 4,500 sqm of offices in the Skyliner II tower near Rondo Daszyńskiego in Warsaw.
- Modular Services, an outsourcing company specialising in IT, finance, and cybersecurity operations, has expanded its office space within the United Business Center 3 (UBC 3) building. Part of the Palas mixed-use development, the international firm has doubled its surface area to 1,300 sqm across two floors.
New appointments
- Axi Immo has expanded its Office Agency team to strengthen its presence in southern Poland and Warsaw. Karolina Słysz joins as Head of Regional Markets, bringing 10 years of experience to lead efforts in Katowice, Kraków, and Wrocław. Elżbieta Golik has been appointed Associate Director, leveraging over eight years of expertise in tenant representation. In Warsaw, Filip Kowalski joins as Associate Director, focusing on lease negotiations. Additionally, Anna Piłka-Sutkowska has been promoted to Advisor following four years with the firm. To support these transitions, Natalia Majsterek has been hired as Office Department Coordinator.
- CTP has appointed Cătălin Dit as COO in Romania to strengthen its management team. In this role, he will collaborate closely with Managing Director Ronald Binkofski. Dit brings a wealth of executive experience from the technology and e-commerce sectors, having previously served as CEO, CCO, and Fulfillment Director.
- Avison Young has strengthened its Polish operations by recruiting Natalia Puza and Damian Bafeltowski. Puza joins as Senior Consultant in the Office Agency, bringing over 11 years of experience. In her new role, she will support office projects in Warsaw and regional markets. Bafeltowski joins the Investment Advisory division as a Consultant. He will focus on market analysis and commercial due diligence across all real estate sectors.
