ARTICLES LABELLED WITH TAG Vastint

09
Sep
2021

Vastint to expand mixed-use project in Bucharest

by Property Forum
Property developer Vastint is looking to secure permits to kick off the construction of the second phase of its mixed-use project Timpuri Noi Square (TNS) located in Bucharest. 
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23
Jun
2021

Vastint starts construction of new offices in Wrocław

by Property Forum
Vastint Poland entrusted Mostostal Warszawa with the construction of the B10 office and hotel complex in Wroclaw. The planned investment will be built on Bolkowska Street, in the vicinity of the Business Garden office complex. The total usable area of ​​the new development will be approximately 20,000 sqm. The general contractor plans to start construction work immediately, which will take 18 months. The investment is scheduled for completion in December 2022.
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29
Mar
2021

Vastint launches new phase of Gdynia mixed-use project

by Property Forum
Vastint Poland has signed a contract with Budimex SA for general contracting services for the initial part of the second phase of the Waterfront complex in Gdynia. The planned investment will be built on Hryniewickiego Street, in the vicinity of Kościuszko Square, and will comprise the construction of four buildings totalling ​​45,000 sqm including underground garages. The general contractor plans to start construction in May of this year, with the investment scheduled for completion in 2023.
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26
Jan
2021

Vastint to buy new land in Bucharest

by Property Forum
Greek developer Reds has authorized its board of directors to take all necessary measures to complete the sale of the 8,000 sqm land to Vastint, at a price of €11,4 million. The land is located on Splaiul Unirii Boulevard, near the Timpuri Noi Square project, developed by Vastint.
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21
Jan
2021

Brama Portowa office building in Szczecin sold

by Property Forum
Vastint Poland has sold the Brama Portowa office building complex in Szczecin. The new owner is FLE SICAV FIS managed by FLE GmbH from Vienna. The price has not been disclosed. Vastint was supported in the sale process by experts from Knight Frank’s Capital Markets department.
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07
May
2020

BCR moves HQ to Vastint’s Bucharest building

by Property Forum
Starting this month, Banca Comercială Română (BCR) has relocated its headquarters to the Business Garden Bucharest office building, developed by Vastint, the real estate division of Ikea.
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12
Feb
2020

Savills to lease Wrocław office complex

by Property Forum
Savills has been appointed as sole letting agent for office space in the three buildings of Business Garden Wrocław, owned by the ISOC Group. Savills has also been the property manager for the first phase of the project since mid-2019.
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30
Sep
2019

Vastint sells four buildings in Poznan

by Property Forum
Vastint Poland has entered into a definitive agreement for the sale of the first stage of Business Garden Poznan. The Singaporean fund Cromwell European REIT became the new owner of the property.
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22
Aug
2019

Vastint Romania prepares for further development

by Property Forum
Timpuri Noi Square, Vastint Romania’s first project, reaches an occupancy rate of 90% within the 3 buildings situated in Bucharest, leasing more than 47.000 sqm, and welcomes since last year tenants like Bolt (formerly Taxify), Allergan, Exiger and Streamwide, developing a community of more than 3,000 employees.
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17
Jul
2019

Colliers becomes PM of Vastint’s Bucharest project

by Property Forum
Colliers International Romania has been assigned to provide property management services for Business Garden Bucharest, the newest office complex developed by Vastint Romania, in the Orhideea area in Bucharest. As a result, Colliers reaches a managed portfolio of over 400,000 sqm and strengthens its property management activity for offices in the Capital’s Center-West area.
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Latest news


New leases

  • 108 Agency has mediated a lease of 7,700 sqm for the company DSV Solutions in Prologis Park Prague-Airport. DSV Solutions provides and manages supply chain solutions.
  • TECH LIGHT, a manufacturer and designer of LED lighting profiles, has relocated to Panattoni A2 Warsaw East Park, situated next to Stary Konik junction near Warsaw. The tenant moved into 1,200 sqm of warehouse and office space already in August. AXI IMMO provided comprehensive advisory services for TECH LIGHT.
  • Eli Lilly has extended its office lease of 900 sqm in Bucharest Business Park. The pharmaceutical company has been a tenant in the project since 2006. The office complex is owned by CA Immo. Real estate consultancy CBRE worked on the lease extension.

New appointments

  • From mid-October this year, Kornél Kalapács is taking up the position of Managing Director of Codic Hungary, the company announced. With around 30 years of experience in real estate development and construction, he will strengthen Codic's Hungarian subsidiary, which will hand over the Green Court Office A building under his management next month.
  • Mateusz Gołembiewski will head up JLL's HR organisation in the CEE and Russia region. He has 15 years of experience in developing company strategies and operations in this field, and will lead the HR teams in Poland, the Czech Republic, Romania, Slovakia, Hungary and Russia.
  • The Urban Land Institute (ULI) has announced the appointment of Søren Rodian Olsen, managing director of Logicenters at NREP as chair of ULI Poland. He succeeds Dorota Wysokińska-Kuzdra, senior partner at Colliers, and officially began his voluntary two-year term on 1 October 2021.


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