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

  • REHAU, a global manufacturer of advanced polymer solutions, has signed a lease for approximately 4,100 sqm of space at MLP Business Park Poznań. The new facility will integrate warehouse operations with modern office space and a dedicated showroom for product presentations, corporate meetings, and technical training.
  • RecuNova has leased 305 sqm in the Bucharest-based Olympia Tower office building for a new medical clinic. The lease deal was brokered by Activ Property Services.
  • Gaya Studios has 190 sqm in Green Gate office complex, in a deal brokered by Rustler Romania.

New appointments

  • Krzysztof Wróblewski (MRICS) has been named Head of Portfolio Management CEE at Peakside Capital Advisors, responsible for overseeing investments and managing the real estate portfolio. He succeeds Christopher Smith in this role.
  • Garbe Industrial is reorganising its senior leadership team. CEO Christopher Garbe will now focus on strategic orientation and international activities. Jan Philipp Daun assumes leadership of the Development division alongside his existing Investment and Joint Venture responsibilities. Andrea Agrusow expands her remit to include Portfolio Management while retaining control of Commercial and Real Estate Management. Additionally, Michael Marcinek and Maik Zeranski will now jointly head the restructured Development unit as Management Board Members, succeeding Adrian Zellner.
  • CPI Property Group is strengthening its leasing structure with the appointment of Agnieszka Baczyńska as Head of Leasing. In her new role, she will be responsible for shaping and executing the leasing strategy across the group’s office and retail portfolio in Poland. At the same time, Izabela Potrykus has been appointed Leasing Office Director. Baczyńska brings more than 20 years of experience in the commercial real estate market. Prior to joining CPI Property Group in 2022, she served as International Leasing Director at Neinver Polska.


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