Vastint Romania has leased 1,700 m² of office space to GoPro Bucharest and 900 m² to Sephora Romania, in the mixed-use development project at Timpuri Noi Square in Bucharest.

GoPro Bucharest

The U.S. tech company GoPro, one of the best-known producers of action cameras in the world, chose Timpuri Noi Square as the headquarter for their new Bucharest office. In Romania, they will focus on software engineering.

In the press release sent by GoPro they mention: “Located near the Timpuri Noi subway station on the M1 and M3 lines, the top floor office space features sweeping views of downtown Bucharest.” The software engineering office will continue to focus on development of GoPro’s web and e-commerce platforms. “As software continues to be integral to the GoPro ecosystem, expanding GoPro’s software engineering operations in Bucharest aligns with our priorities and will allow us to leverage the diverse talent in the region”, said Joe Bentley, GoPro’s Vice President of Software Engineering. “Having seen the efficiency and execution this team has demonstrated over the past months, we see great opportunity in continuing to expand our Bucharest team and have secured a larger office space in a premiere location to accommodate that growth.”

Sephora Romania

Sephora is a leader in global prestige retail, teaching and inspiring clients to play in a world of beauty. Owned by LVMH Moët Hennessy Louis Vuitton, the world’s leading luxury goods group, Sephora has earned its reputation as a beauty trailblazer with its expertise, innovation, and entrepreneurial spirit. With a tradition of more than 45 years on the market, Sephora offers a unique concept of a space dedicated to beauty, where you can find the most varied brands, from classic, selective to the most famous, exclusive or trendy ones.

Timpuri Noi Square

Timpuri Noi Square is the largest mixed-use project in Romania today. Construction of the first two office buildings was finalized in 2017, adding 32,600 m² out of a planned total of up to 100,000 m² of modern, class A office and retail space as well as 50,000 m² of residential area.

These first two office buildings have reached an occupancy rate of 70%, as they are already rented by IT companies, professional services, FMCG and financial services companies, accommodating up to 2,000 employees conducting their activity here. Construction works for the next office building (20,100 m²) started in 2017.

Timpuri Noi Square provides a welcoming, healthy working indoor environment, by means of a silent air conditioning and ventilation system, thermal comfort control, 3 meter clear floor height and increased natural light provision. Furthermore the project offers a dynamic and inviting plaza with restaurants, terraces, coffee shops, snack bars and retail amenities for recreation and fun.

In February 2016 the first two office buildings of Timpuri Noi Square achieved BREEAM Excellent design stage certification.