Property developer Speedwell has launched Glenwood Estate, a residential compound in Corbeanca, near Bucharest, with the total investment value estimated to exceed €135 million.
Property developer Speedwell has completed and handed over the third building within The Ivy residential complex located near Băneasa forest, in northern Bucharest.
Speedwell has entered the development stage of Queens District, a mixed-use project in northern Bucharest. The development will deliver 237 apartments and 22,500 sqm of zero-carbon offices.
Speedwell is strengthening its collaboration with Garanti BBVA Romania through a new €8 million financing agreement. The facility will fund the development of Building C8, the fourth building within The Ivy, Speedwell's residential project near Băneasa Forest. With this deal, Garanti BBVA's total financing for The Ivy now reaches almost €40 million.
IPSO Agricultură, a subsidiary of the French group Monnoyeur, will lease a 2,300 sqm space in the Spaceplus Chitila industrial project, owned by Speedwell.
Didier Balcaen, CEO and Co-Founder of SPEEDWELL, talked to Property Forum about the company's strong development pipeline in Romania and the trends shaping the local residential and commercial real estate market.
Speedwell Development has announced the appointment of Yannick Van de Parre as Country Manager for Romania.
Speedwell Development has appointed Maria Jianu as its new Leasing Director, tasked with growing the tenant portfolio and strengthening strategic partnerships for projects such as Queens District, SpacePlus and Paltim.
Speedwell Development has obtained the construction permits for the first 50 luxury villas in a new residential project in Corbeanca, near Bucharest, where it plans to invest €94 million.
Hili Properties, the real estate arm of Hili Ventures, has successfully secured the remaining 25% shareholding of the company which owns the MIRO office building in northern Bucharest.
All buildings completed last year have been awarded class A energy performance certificates. Over 50% of projects have already been evaluated for climate change risks.
Speedwell Polska, the new division of Speedwell, has made its debut in Poland with the acquisition of a 2,290 sqm plot jointly owned by BPI Real Estate Poland and Acteeum.
Straco Real Estate and Baltisse announce the successful acquisition of a majority stake in SPEEDWELL, a premier real estate developer based in Romania.
Speedwell announces the start of construction works for the second residential building of the mixed-use urban regeneration project, PALTIM.
Romanian airline Anima Wings has attracted three institutional investors as shareholders. The company signed deals with BT Asset Management, part of BT Financial Group, Winners Holding Investments and Evergent Investments.
BCR Group recorded a net profit of €118 million in Q1 2026, down 21% versus the same period of last year.
PPC and PPC blue Romania have secured €3.42 million in European funding through the Connecting Europe Facility (CEF) for installing fast charging stations across Romania and Greece.
The Romanian leu depreciated on Thursday against the euro, which was calculated by the National Bank of Romania (BNR) at RON 5.1417, up 0.8% from the previous rate, recording a new historic low for the local currency.
Premier Energy has begun construction of its 200 MW/400 MWh Battery Energy Storage System (BESS) project near Iași, Romania. The total development and construction cost is estimated at €75 million.