Antoniu Panait, Managing Director at VASTINT Romania, will be a speaker in the opening All-Star Panel at BR’s upcoming Working Romania HR Conference. Among the subjects tackled by the real estate executive are the importance of safe office space in the current context, and how Vastint Romania is driving the transformation of our workspaces!
Antoniu Panait is one of the most seasoned professionals in the office real estate sector, being almost synonymous with his company, Vastint Romania, which he has led since its establishment in January 2009. His most recognizable projects in this capacity, Timpuri Noi Square and Business Garden Bucharest, have become landmarks of Bucharest’s office market. Panait has been able to keep his company afloat during the pandemic and made sure that all its projects could move forward, a remarkable feat considering the challenges of the past year.
Antoniu Panait says that Vastint’s biggest achievement last year was that its entire team managed to get through this tough period, mainly thanks to its flexibility and to everyone understanding that there was no recipe to follow in such times. From a business perspective, he says that Vastint has been affected by the pandemic, as all of its projects were slowed down due to workforce limitations.
“However, we’ve done good work throughout this period, including designing and developing concepts for our future projects, as well as analysing the current situation and thinking about what the future will bring,” Antoniu Panait said in an exclusive profile for Business Review, titled Leaders To Watch.
In June last year, Vastint Romania’s Timpuri Noi Square obtained the Safe Guard certification, following an audit carried out by Bureau Veritas, which looked at the health and safety measures implemented during this period, supporting tenants in the process of returning to the office in a safe environment, in line with current recommendations. The certification covers common areas, reception areas, and lobby lifts and will establish health standards applicable to all three buildings delivered so far at Timpuri Noi Square – more precisely, a commercial area of 53,000 square metres.
“Timpuri Noi Square offers a healthy and welcoming indoor work environment and has all the necessary characteristics to ensure a safe return to the office. Technical details such as healthy air conditioning and a superior ventilation system – providing 100 percent fresh air – combined with Vastint’s standard 3-metre floor heights, energy-saving electrical equipment, and LED lighting all contribute to a secure environment where social distancing can be ensured,” Antoniu Panait explains.
Furthermore, in January 2020, Vastint Romania received a LEED Platinum certification for the third building of Timpuri Noi Square, with a score of 92 points, which turned the company into the developer and owner of one of the highest ranked buildings in Romania, including all Business Garden Bucharest’s buildings, and the other two that are part of Timpuri Noi Square. Last but not least, Vastint also leased about 10,000 sqm last year. “It is not a big number for the market as a whole, but it is significant for us, as our portfolio totals 100,000 sqm and we managed to lease 10 percent of it in the middle of the pandemic.”
Make sure to join up with Antoniu Panait and an entire roster of great speakers at BR’s upcoming Working Romania HR Conference, March 30, starting at 14:30. Register for the online event by clicking the banner below: