by Property Forum | Office

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.


Bolt, formerly Taxify, the leading European on-demand transportation platform, leased over 1,200 sqm of offices at Timpuri Noi Square office complex, developed by Vastint Romania. The leasing transaction was advised by Daniela Popescu, Associate Director, and Alexandru Orzea, Senior Associate Office Agency at Colliers International.

“Lately, we have seen major start-up investments resulting in an accelerated business growth, which almost inevitably translates into an expansion of the team and the space it needs. The real estate component is very important for a company’s first relocation, especially nowadays when the office has become an employer branding tool with direct impact on recruitment and talent retention. The project developed by Vastint Romania is located in a new office hub with easy access any time of day and with excellent visibility, and the time the Bolt team has already spent there confirms that Timpuri Noi Square was the best solution for Bolt's needs”, Daniela Popescu, Associate Director Office Agency at Colliers said.

Timpuri Noi Square is a large mixed-use project in Bucharest with 100,000 sqm of modern, class A office and 50,000 sqm of residential area to be ready in the near future.

In March 2018 the first two office buildings of Timpuri Noi Square achieved LEED Platinum certification.