Vastint Romania announces HazelHeartwood as new tenant at Timpuri Noi Square

Vastint Romania has secured a new lease with HazelHeartwood, a Belgian management consulting firm, for approximately 400 sqm of office space at Timpuri Noi Square.

“I’m happy to announce the opening of HazelHeartwood’s newest office in Bucharest, a dynamic hub designed to foster collaboration, spark innovation, and strengthen partnerships with our clients. This space represents our commitment to creating an environment where ideas can be transformed into technical solutions. Our new office combines state-of-the-art facilities with an atmosphere that inspires creativity and teamwork. Bucharest’s rich cultural heritage and vibrant energy make it the perfect setting for this next chapter in our journey. We look forward to welcoming our clients and partners to this unique space, where we will work together to drive forward-thinking solutions with tangible impact,” declared Frank Grauls, Managing Partner of HazelHeartwood.

“We are excited to welcome HazelHeartwood, an ambitious player in the digital transformation segment, to Timpuri Noi Square. We are thrilled that Timpuri Noi Square continues to draw esteemed partners, further solidifying its position as a hub for development and innovation in Bucharest. The combination of technology, prime location, and top-notch amenities creates the perfect formula for tenants, enabling them to achieve both cost efficiency and reduced travel time for employees, thanks to improved connectivity and easy access to public transportation,” said Dorin Caplea, Leasing Manager at Vastint Romania.

Vastint’s office portfolio will expand with the upcoming Timpuri Noi Square 2 project, set for completion in Q4 2026. This development, currently one of the few office projects under construction in Bucharest, will add 105,000 sqm of gross built area (GBA) and introduce two new office buildings, effectively doubling the available office and retail space within the Timpuri Noi Square complex.