The developer of the real estate project Timpuri Noi Square, one of the largest in central Bucharest, will also be the first tenant of the complex. Currently, Vastint is headquartered in Opera Center building in Eroilor district, project developed by Portland Trust.

„The first three buildings have overall 50,000 sq. m office and various retail spaces, including restaurants, cafes, snack bars and large green areas. The structure of the first two buildings is already completed and the construction works go on with the facades of the lower floors and the interiors, the handing over being scheduled for the beginning of 2017. Our very team will be among the first tenants“, said Antoniu Panait, managing director of Vastint Romania.

The complex will have overall 100,000 sq.m rentable area and will includes office spaces, a retail and a residential area. Currently, the works began for an area of 33,000 sq. m, representing the first two of the three buildings within the project. The investment for this development phase is approx. EUR 50 million, also including the cost of land, according to ZF estimations. Each of the two buildings will have ten floors and could accommodate more than 3,000 employees.

Timpuri Noi Square complex, situated along Splaiul Unirii, at the crossroad with Nerva Traian St., will also include 50,000 sq. m of residential units. (source: zf.ro)