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.
The first 123 apartments in the complex are slated for delivery in the first quarter of 2024, with half of the stock being already sold. Aside from 236 residential units, Paltim will also feature office and retail components.
The developer’s portfolio includes residential, office and mixed-use schemes in Bucharest and regional cities.
Paltim will be located near the Bega River and will also include two consolidated historical buildings.
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