Business in Brief
We are part of the Vastint Group, an international real estate organisation with over 25 years of experience. We have been active on the Romanian market since 2008. In 2010, Vastint Romania acquired the centrally located former Timpuri Noi factory site with over 53,000 m2 of land. In 2011, the purchase of an additional 20,000 m2 of land in the centrally located Orhideea area was finalised. Over the coming years, Vastint Romania plans to build an estimated gross buildable area of 200,000 m2 on the already owned properties. The developments will comprise Class A office, residential and retail space. Considering the long-term investor profile with the aim to develop sustainable projects that are well integrated in the city, we continuously evaluate real estate opportunities on the Romanian market.
Vastint works towards positive long-term social, economical and environmental solutions and developments. All new buildings and refurbishments shall have an adequate level of environmental certification, preferably according to internationally recognised certification systems. As high certification as reasonably possible shall be strived for, taking into consideration the circumstances of the individual project and the overall market situation.