Speedwell starts €42 million mixed-use project in Cluj-Napoca

26
Nov
2018
News - Speedwell starts €42 million mixed-use project in Cluj-Napoca #Cluj-Napoca #development #mixed-use #Romania #Speedwell

by Property Forum | Office

Romanian developer Speedwell has launched the construction works of Record Park, a mixed-use development and urban regenerating project in Cluj-Napoca. The €42 million project is due to be completed in H2 2020. The project is being developed on a plot of 17,300 sqm and will have a total built area of 36,000 sqm.


"Record Park is a unique project and will be developed with great care for all the details. For example, we will keep the old Imperial Stables that will be restored in order to transform them into a prototype for the office of the future, with co-working spaces, an innovation centre and leisure areas. The project will include a state-of-the-art office building, retail spaces, an important residential area as well as pedestrian and vast green areas,” says Didier Balcaen, General Manager of Speedwell.
Didier Balcaen

Didier Balcaen

General Manager
Speedwell

Specialized in project and financial management, Mr. Didier Balcaen has over 20 years of experience in the international construction and real estate market, out of which 11 in Romania. He is a Belgian National, who, after 5 years of contracting experience in Belgium, explored part of the world for the next 5 years as an expat project manager in U.A.E, Singapore, Saudi-Arabia, Indonesia, Qatar and Mauritius. After returning from his exotic travels, he fulfilled the role of Chief Operations Officer in real estate development in Poland, Russia and Romania until founding Speedwell in 2015. He is the founder and CEO of Speedwell SRL, a full service real estate development company with a focus on medium to large scale offices, retail and residential projects in Romania. More »
Record Park is located in the Marasti neighbourhood, a 15-minute walk from the Old Town. The project will have a wide variety of pedestrian areas, such as a waterside promenade on the Morii Channel, which will be crossable with the help of several footbridges which will link the Record Park with The Office.
 
The office component of Record Park (12,000 square meters) will be represented by a Class A office building with seven floors and a leasable area of approximately 1,700 sqm per floor. The building will be built BREEAM certified.
 
C6, the former Imperial Stables of the Austro-Hungarian Empire and afterwards an outlet of the local textile factory, will be restored. The space will be versatile, combining co-working spaces, a technology and innovation component with an art centre, leisure and restaurant areas.
 
The residential area of Record Park will include two buildings, each with seven floors, comprising 236 studios, one, two- and three-bedroom apartments, with surfaces starting from 45 sqm and prices starting from €76,000. The residential and office buildings will host more than 1,000 sqm of retail spaces on the ground floor, which will include groceries, convenience stores, cleaning and other services.



Latest news


New leases

  • E-commerce player 4M Pro&Invest has leased nearly 4,100 sqm of warehouse space in Panattoni Park Poznań XIV. This agreement marks the completion of the leasing of the two completed phases of the development.
  • Panattoni has commenced construction on the latest phase of Panattoni Park Gorzów II, developing a bespoke BTS warehouse for DPD Polska. The facility will encompass 5,300 sqm tailored to the courier company’s operational requirements. DPD Polska is scheduled to begin operations at the new site in August 2026.
  • Romanian strategic advisory firm Infinexa Restructuring has relocated its HQ to GTC’s City Gate South Tower in Bucharest. The move supports their integrated approach to delivering complex debt restructuring, insolvency mandates, and preventive procedures for distressed companies.

New appointments

  • Panattoni has promoted Nick Cripps to the position of Head of International Capital Markets for Europe, the UK, the Middle East, and India. Based in London, Cripps is tasked with leading the firm’s global capital markets strategy across 18 diverse markets. He joined Panattoni five years ago as Head of UK Capital Markets.
  • PSN has expanded its acquisitions team with the arrival of Martin Šrytr as Business Development Manager. Most recently, he served as Real Estate Expansion Manager at Twistcafe Group, supporting the company’s EMEA growth. His previous experience includes consulting at Cushman & Wakefield, advisory roles at Prochazka & Partners, and management positions within IWG.
  • iO Partners has announced key leadership changes within its Czech Republic operations as part of its ongoing business evolution. Milan Kilik has been appointed as the new Head of Office Leasing, with a particular focus on client advisory and team collaboration. Concurrently, Petr Kareš has transitioned into the role of Occupier Business Development Director. In this new capacity, he will be responsible for identifying new market opportunities and integrating services across Tenant Representation, Project Management, and Industrial Leasing.


Latest news

News - Slovak investment market looks resilient going into 2026
27
Mar
2026

Slovak investment market looks resilient going into 2026

by Property Forum
Investment activity in Slovakia is showing clear signs of recovery, supported by improving sentiment and renewed capital flows across Europe. We report from Bratislava Property Forum 2026.
Read more >
News - CA Immo returns to strong profit in 2025
27
Mar
2026

CA Immo returns to strong profit in 2025

by Property Forum
CA Immo reported a return to profitability in 2025 with a consolidated net result of €184.4 million, compared to a loss of €66.3 million in 2024. The Austrian real estate company maintained stable net rental income despite ongoing asset disposals and exceeded its financial targets for the year.
Read more >
News - RRG secures €7.8 million funding for resi project in Bucharest
26
Mar
2026

RRG secures €7.8 million funding for resi project in Bucharest

by Property Forum
Real estate developer RRG Real Estate Group has signed a €7.8 million financing agreement with tbi bank to complete the first stage of the Lakeside11 residential complex in northern Bucharest.
Read more >


Property Forum ABOUT US

Property Forum is a leading event hub in the CEE real estate industry with over 10 years of experience. We organise conferences, business breakfasts and workshops focused on real estate, in London, Vienna, Warsaw, Budapest, Bucharest, Bratislava, Prague, Zagreb and Sofia, amongst other locations.
Please send press releases to
newsdesk AT property-forum DOT eu
MORE >

CONTACT

NEWSLETTER

 

Property Forum © 2017 – 2026 | Terms & conditions | Privacy policy