The quoted sources say the talks are still in their early stages and none of the two parties involved has confirmed the information thus far.
Asked by ZF about a potential relocation, ING says no comment at the moment. Vastint officials in turn said there could be not talk yet about the office space complex rental process.
“We have recently begun the construction process for all the three buildings of the Business Garden Bucharest project, with planned delivery for the second half of 2018,” Vastint officials said. With Business Garden Bucharest’s development having just begun, there is no news to reveal about the progress of construction work according to plan, they added.
Business Garden Bucharest is located at 159, Calea Plevnei in the Orhideelor area, near Carrefour Orhideea shopping gallery. It will consist of three buildings with a total gross lettable area (GLA) of 41,000 square meters of class A office space and retail space on the ground floor, surrounded by a garden.
Construction work started at the beginning of last month. One of the buildings will have a GLA of 21,000 square meters and the other two 10,000 square meters each. The complex will be near Basarab and Grozavesti subway stations. Vastint bought the plot for the development from construction material manufacturer Baduc in 2011.
ING Services has 120 employees at the moment and will hire about 100 more people every year until 2019. It is currently renting 2,500 square meters on Iancu de Hunedoara Boulevard in central Bucharest but intends to concentrate all operations in a new place, ZF has learnt.
(English version by Loredana Fratila-Cristescu)