Speedwell starts construction of mixed-use project in northern Bucharest

22
Jan
2026
News - Speedwell starts construction of mixed-use project in northern Bucharest #Aviației #Bucharest #Mixed-Use #Office #Queens District #Residential #Romania #Speedwell #Yannick Van de Parre

by Property Forum | Residential

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.


Construction began in December 2025 on the first two residential buildings comprising 147 apartments and a 22,500 sqm Class A office building. Currently, 40% of available units in the first two residential buildings have been sold or reserved, with 70% of purchases made by investors.

"Queens District is designed for investors who look beyond the present and stands out as one of the most reliable and profitable real estate investments of the moment," said Yannick Van de Parre, Country Manager of Speedwell. The project combines residential, office, and retail spaces in proximity to Bucharest's business district, educational institutions, and medical centres.

The development features apartments with 1-4 bedrooms, premium finishes, underfloor heating systems, and individual heat pumps. The office component comprises two 7-floor buildings with floor areas ranging from 1,150 to 3,100 sqm and 282 parking spaces, already obtaining Breeam Excellent certification. The building will operate with zero carbon emissions and generate up to 40% lower operating costs for tenants.

"The premium location, just a 10-minute walk from the Aviatorilor subway station and Promenada Mall, guarantees a sure increase in value over time," noted Mădălina Arsene, Sales Director at Speedwell. All ground-floor commercial spaces in Building C were sold within one week of the sales launch.




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New leases

  • International retailer MR.DIY has joined the tenant mix of the Plejada Shopping Centre in Sosnowiec. Its new 700 sqm store will significantly enhance the shopping centre’s offering of household products and everyday essentials. Cushman & Wakefield is responsible for the leasing and comprehensive management of the property.
  • Hotspot Workhub, the flexible workspace operator, has renewed and expanded its presence within The Mark office building, owned by CPI Property Group. The lease deal for 2,550 sqm was brokered by iO Partners Romania.
  • Foundever has doubled its footprint to 3,500 sqm within the Bucharest-based Campus 6.3 office building, owned by CPI Romania. Cushman & Wakefield Echinox brokered the deal.

New appointments

  • Katarína Brydone, Jana Vlková and Vendula Maršová have been appointed as the first Equity Partners of Colliers’ Czech business. Brydone brings more than 20 years of experience in international real estate. Vlková has more than 25 years of experience in commercial real estate. Maršová, Partner and Head of Valuation and Advisory Services, brings more than 16 years of experience in real estate valuation and advisory.
  • BNP Paribas Real Estate Poland has expanded its Industrial and Logistics Agency team with the appointments of Joanna Choromańska, formerly of JLL, and Bartosz Wilczyński, previously with CBRE. The new hires bring a combined 34 years of experience in sector sales, lease negotiations, and build-to-suit project delivery to support the division's ongoing growth.
  • Speedwell has expanded its industrial and logistics team with the appointment of Valentin Achim as Leasing and Property Manager for Industrial Developments. Achim brings extensive experience in coordinating commercial and operational activities within the logistics and industrial sectors. In his new role, he will oversee the development and expansion of the company's Spaceplus platform.


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