ARTICLES LABELLED WITH TAG Speedwell

Strabag will build the first residential building of Speedwell’s mixed-use scheme Paltim in Timișoara and the company has been selected as the general contractor of the project. 

Property developer Speedwell has received the BREEAM Excellent certification for its Miro office project based in northern Bucharest. 

Speedwell's development pipeline in Romania has a strong focus on the residential segment but the company also aims to expand its SpacePlus industrial product across the country and CEE. Property Forum sat down with Didier Balcaen and Jan Demeyere, Co-Founders of Speedwell, at MIPIM, to talk about the financing environment and challenges related to inflation and the shortage of construction materials.

Property developer Speedwell has received the building permit for Phase 1 of the Paltim project that will feature 123 apartments out of 236 planned units, with construction works set to start soon. 

Speedwell and Baltisse have sold Record Park Offices in Cluj-Napoca to Belgian AYA Properties Fund in a deal worth €35 million. 

Property developer Speedwell has signed a top up financing agreement with Garanti BBVA to back the construction of the second building of The Ivy residential project in Bucharest, taking the overall loan deal to €15 million.

Property developer Speedwell has signed a Promissory Sales Purchase Agreement for a 9-hectare land plot with the purpose of building a new project in Bucharest’s District 1. 

Property developer Speedwell says it secured the building permit for its first industrial project located in north-western Bucharest. The development of the first warehouse under the Spaceplus brand will start in the next period and should be completed by the second quarter of 2022. It will have a total leasable area of 10,000 sqm. Leasable storage space ranges from 400 to 600 sqm. 

Law firm Reff & Associates | Deloitte Legal worked with Speedwell on refinancing the loan granted by BRD Groupe Société Générale for the development of the Record Park Offices project located in central Cluj-Napoca. 

Property developer Speedwell has kicked off the construction of Building 2, part of the first phase of residential complex THE IVY located in Băneasa, northern Bucharest.