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.

Speedwell has secured its first loan in Poland — a PLN 100 million financing agreement with BNP Paribas Bank Polska for the development of Milestone Warsaw Mokotów. This project marks Speedwell’s first locally financed investment in Poland and the first purpose-built student accommodation (PBSA) in Warsaw under the Milestone brand.

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 has announced the appointment of Michał Stępień as its new country manager for Poland. The move marks a key step in the developer’s regional expansion strategy, as it looks to replicate its Romanian success in the Polish market.

Speedwell Development has announced the appointment of Yannick Van de Parre as Country Manager for Romania. 

A new premium residential project is to be built Gdańsk, thanks to a joint venture between BPI Real Estate Poland and Speedwell. The site was secured earlier by BPI.

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. 

BPI Real Estate Poland in partnership with Acteeum Group has sold a site in Warsaw to the Romanian-Belgian real estate developer Speedwell. With this acquisition, Speedwell enters the Polish market and announces the development of its first student housing project in Poland.