Profile:
Managing Director, Vastint Romania
Experience:
More than 12 years, mainly in real estate
Managing Director for Vastint Romania since 2009, Antoniu Panait has an executive experience of more than 12 years, mainly in real estate. With a strong foundation built on legal studies, embracing diverse operational responsibilities including administrating complex portfolios and evaluating investment opportunities, when he was only 31 years old he took the challenge to build and grow the VASTINT team and projects in Romania.
Antoniu Panait is in charge of Vastint Romania’s major projects in Bucharest. Timpuri Noi Square is located in Bucharest District 3, with up to 100.000 sqm gross build area of class A office and retail, as well as 50.000 sqm residential space planned and Business Garden Bucharest, located in District 6, will bring up to 43.000 sqm of class A office and retail space to the market.
VASTINT has also acquired a 48 ha site in Sisesti area, in close proximity to the Straulesti terminal, with a subway station and park-and-ride facilities, with a view to develop a mixed – use, primarily residential development.
Timpuri Noi Square and Business Garden Bucharest are active and subject to the rental process. At Timpuri Noi Square, the developer is preparing for the start of Phase 2 of the project, adding up to 43.000 sqm of class A office and retail space to the market. Business Garden Bucharest project is finalized with all 3 buildings delivered since 2019 and hosting tenants like Banca Comerciala Romana, Veeam, Sparkware and other corporate tenants.
“Vastint Romania is preparing forthe start of Phase 2 of Timpuri Noi Square, that will bring another 100.000 sqm gross build area of office and retail spaces in the next few years. Ready to develop other projects if the market requests it.”