Developer Speedwell secures EUR 21.5 mln financing for Bucharest mixed-use development

Real estate developer Speedwell announced the signing of a EUR 21.5 million financing agreement with Intesa Sanpaolo Bank Romania for the residential component of QUEENS District in Bucharest on Tuesday, June 30.

The financing will support the development of the residential component of QUEENS District, which will include 237 premium apartments designed for both living and long-term investment. The project brings together residential, office, retail and publicly accessible amenities in an integrated urban ecosystem in Bucharest’s Aviației area.