Polish group Kruk, one of the biggest players on the local debt collection market, has leased 4,000 sqm of office space in the new Timpuri Noi Square mixed project developed by Vastint.

Kruk will move its Bucharest office into the new project, which is located close to the Timpuri Noi subway station. CBRE has contributed to the transaction between the two parties.

Timpuri Noi Square has a planned leasable area of 100,000 sqm of office and retail, plus 50,000 sqm of residential space. It is the largest mixed-use project in Romania today, according to Vastint.

editor@romania-insider.com