Vastint Romania, part of the VASTINT Group, announces the signing of a new leasing contract. SCOR, a leading global reinsurer who just entered the Romanian market, selected Business Garden Bucharest for its first office in Romania, where it occupies a space of 2,320 sqm.

French company SCOR offers its clients a range of reinsurance and insurance solutions and services to control and manage risk. The Group generated premiums of EUR 20.1 billion in 2024 and serves clients in more than 150 countries from its 35+ offices worldwide.

“Opening our first office in Romania is a meaningful step for SCOR and a strategic investment in our long-term capabilities. Romania stands out through its strong talent base, a fast-growing tech and data ecosystem, and a truly international, business-ready mindset. We’re excited to build our presence here and to grow a team in Bucharest that will contribute to SCOR’s broader operations and transformation agenda.”, said Andrei Romanescu, General Manager SCOR Romania.

Business Garden Bucharest, located in the Orhideea-Grozavesti area of ​​Bucharest, has a rentable area of ​​43,000 sqm and tenants such as Sparkware Technologies, Sanamed, Regina Maria, Ikea, Schindler, Tchibo, Vel Pitar, Rail Cargo, Pandora.

“We’re pleased to welcome SCOR to Business Garden Bucharest as they open their first office in Romania and begin building their local presence. Today, the office is no longer only about space – it’s about experience. That’s why ‘ecosystem’ assets are increasingly in demand: office destinations that integrate amenities, services, and community features that support attendance, retention, and tenant engagement, not just an office space. At Business Garden Bucharest, we focus on exactly this blend – creating a place that works operationally, supports culture, and helps companies attract and retain people.” declared Maria Badea, Senior Leasing Manager of 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 60,000 sqm (GLA) and introduce two new office buildings, effectively doubling the available office and retail space within the Timpuri Noi Square complex.