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Vastint Romania officially launches the second phase of Timpuri Noi Square, adding more than 60,000 m² GLA

Vastint Romania announces the official launching of the second phase of its flagship real estate office complex, Timpuri Noi Square, a significant urban regeneration project for the Timpuri Noi area in Bucharest. The additional area of the Timpuri Noi Square 2 will total an estimated GLA of more than 60,000 m² and will include two new office buildings, resulting in a doubling of the available office and commercial spaces within the Timpuri Noi Square complex, up to 112,000 m² of GLA. The 3 buildings in the first phase of Timpuri Noi Square, with a total rentable area of 52,100 m², are now 100% leased, among the tenants being Playtika, Ayvens, Radio AG (Kiss FM, Magic FM and Rock FM), Fratelli, Zitec, Bolt, Go Pro, Vola.

Bucharest Business Garden Welcomes IKEA Planning Studio, Highlighting Commercial Real Estate Trends

IKEA's new Planning and Ordering Studio in Bucharest's Business Garden complex signifies evolving demands for commercial space, particularly within thriving business park environments.

Vastint Plans Major New Real EstateProject in Central Bucharest

Vastint, the real estate developer with ties to IKEA, is clearing the site of the former Dâmbovița shoe factory in Bucharest for a significant new real estate venture, signaling potential opportunities for businesses seeking prime commercial space.

Schindler Romania Relocates Headquarters to Modern Business Garden Bucharest

Leading elevator and escalator manufacturer, Schindler Romania, has moved its central office to the state-of-the-art Business Garden Bucharest. This transaction, facilitated by real estate advisors CBRE Romania, highlights the continued demand for high-quality office space in the capital.

Tchibo Brands Romania moves its office to Business Garden Bucharest

Vastint Romania has concluded a new lease agreement with Tchibo Brands Romania, which is relocating its headquarters to Business Garden Bucharest, Building A, 4th floor, occupying a space of 1,130 m². The rental transaction was facilitated by Fortim Trusted Advisors, a member of the BNP Paribas Real Estate alliance.

Vastint Romania signs lease with ÖBB Rail Cargo Group for Business Garden Bucharest offices

Vastint Romania has secured a new lease with ÖBB Rail Cargo Group, Europe’s leading rail logistics company, for approximately 600 m² of office space in C building of Business Garden Bucharest.

Vastint Romania signs with Softeh as new tenant in Timpuri Noi Square

Vastint Romania, part of the VASTINT Group, has signed a lease agreement with Softeh Plus for 1,200 m² of office space in the Timpuri Noi Square complex. Softeh Plus, a leading Romanian developer of medical software systems with over 30 years of experience, will relocate its headquarters to the modern LEED Platinum-certified space this spring. This move represents a strategic step in Softeh’s growth and commitment to innovation.

Griffes closes 2024 with record 85,000 sqm of office space transactions

Griffes real estate advisory firm reports a record-breaking 85,000 sqm of office space transactions in 2024.

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