The business has entered the development stage of Queens District, a mixed-use project in northern Bucharest. The development will deliver 237 apartments and 22,500sq m of zero-carbon offices.
Construction began in December 2025 on the first two residential buildings comprising 147 apartments and a 22,500sq m Class A office building. Currently, 40 per cent of available units in the first two residential buildings have been sold or reserved, with 70 per cent of purchases made by investors.
“Queens District is designed for investors who look beyond the present and stands out as one of the most reliable and profitable real estate investments of the moment,” said Yannick Van de Parre, Country Manager of Speedwell. The project combines residential, office and retail spaces in proximity to Bucharest’s business district, educational institutions and medical centres.
The development features apartments with one-four bedrooms, premium finishes, underfloor heating systems and individual heat pumps. The office component comprises two seven-floor buildings with floor areas ranging from 1,150 to 3,100sq m and 282 parking spaces, already obtaining Breeam Excellent certification. The building will operate with zero carbon emissions and generate up to 40 per cent lower operating costs for tenants.
“The premium location, just a 10-minute walk from the Aviatorilor subway station and Promenada Mall, guarantees a sure increase in value over time,” noted Mădălina Arsene, Sales Director at Speedwell.
