Vastint Romania leases 14,000 m² in Business Garden Bucharest to Banca Comerciala Romana

Vastint Romania leases 14,000 m² in Business Garden Bucharest to Banca Comerciala Romana

Banca Comerciala Romana (BCR), member of Erste Group, will move its Romanian headquarter to Business Garden Bucharest in 2020. With 14,000 m² of leased office space, BCR will be the largest tenant of Business Garden Bucharest. The project has recently been delivered and already has an occupancy rate of 65%.

Business Garden Bucharest is an office complex and LEED Platinum pre-certified. It is the first project in Romania with such a green concept. Business Garden Bucharest is located in the Central-Western Bucharest business district, at the junction of Calea Plevnei and Basarab overpass. Adjacent to the well-established Carrefour Orhideea Shopping Gallery. The complex includes three class A office buildings with a total leasable area of almost 43,000 m², with public and commercial services available on the ground floor. The buildings are surrounded by an interior garden that represents 30% of the total area, pedestrian walkways with benches and Wi-Fi facilities for recreational activities. Business Garden Bucharest has a spacious parking, that also includes bike parking, lockers and showers for the cyclists.

Business Garden Bucharest is the sixth in a series with the same name developed by Vastint in several cities in Europe. Besides Business Garden Bucharest Vastint Romania also developed and owns Timpuri Noi Square.

Elke Meier, CFO BCR: “With its modern design and sustainable approach, Business Garden Bucharest was the right choice for us, as we are continuing the consolidation process of our central operations started with the relocation to The Bridge. The vast green areas, with pedestrian alleys and recreational activities, combined with the diverse offer of services and facilities from Vastint and the proximity to our other HQ were the main ingredients that have convinced us of choosing Business Garden Bucharest as the best option for our 1.000 colleagues which will move there next year.”

Antoniu Panait, Managing Director Vastint Romania: “Business Garden Bucharest is the first of its type that we deliver in Romania, a high-quality working environment with great accent on the surrounding landscape and mix of facilities, and we are very pleased that BCR has decided to join our community. Working upon the ideal tenant mix, BCR is the perfect match, with a tech-oriented vision and great care for the employees. Business Garden Bucharest comes with an abundance of amenities in the area – such as highly convenient public transport connection, educational centers, hospitals, shopping centers.”

Banca Comerciala Romana (BCR), a member of Erste Group, is the most important financial group in Romania, including operations of universal bank (retail, corporate & investment banking, treasury and capital markets), as well as specialized companies on the leasing market, private pensions, housing banks and banking services. BCR provides a full range of financial products and services, through a network of 21 business centers and 22 mobile offices dedicated to companies and 482 retail units located in most cities across the country with over 10,000 inhabitants.