The real estate developer Speedwell continues its investments in the Paltim mixed project in Timișoara, with an office component, where it will build a 16,000 sqm office building, which will see an investment of approximately EUR 30 million.
We estimate that we will start the construction works in the middle of this year, stated representatives of Speedwell. The office building received, at the end of last year, the BREEAM Outstanding pre-certification for the Design phase.
A constructor has not yet been appointed, currently a selection process is underway, but for the residential component, the constructor is the Strabag company.
Speedwell projects include Record Park in Cluj-Napoca, The Ivy, Triama Residence, MIRO and Spaceplus in Bucharest, Paltim in Timișoara and Riverside City in Râmnicu-Vâlcea.