The second phase will be almost a “mirror” of the first phase and will bring an additional 50,000 square meters of office space, besides the 50,000 sqm already built.
“In 2019, we delivered 63,000 sqm of office space, of which 43,000 sqm through the Business Garden Bucharest project, which is 65% leased, and 20,000 sqm represented by the third building of Timpuri Noi Square – a 92% leased project, considering all three existing buildings”, Vastint representatives said.
The latest tenants of Timpuri Noi Square include, among others, Bolt, formerly known as Taxify, which rented out over 1,200 sqm of office space. The companies which relocated here over the last years include, among others, Allergan, Exiger and Streamwide, currently hosting over 3,000 employees.
Bucharest’s Timpuri Noi area has become a true hub of residential projects.