The real estate developer Speedwell, founded by Belgian entrepreneurs Jan Demeyere and Didier Balcaen, contracted financing of EUR 24.3 million from BRD Groupe Societe Generale to build two green residential buildings in Timișoara.
Construction work for the complex’s first residential building is in full swing after Speedwell signed a collaboration agreement with Strabag, the General Contractor for the project. The estimated delivery date for the apartments in the first residential building is Q1 2024. The second Paltim residential building consists of 113 apartments and includes studios and 2, 3 and 4 bedroom apartments. Together with the units in the first building, the project offers a total of 236 premium apartments.
The Paltim project is mixed-use, including residential buildings, office spaces, and retail and service spaces.
