Belgian-rooted real estate developer Speedwell announced that it appointed Răzvan Enache as its new country manager for Romania. He succeeds Yannick van de Parre, who will remain with the group in a regional role focused on its expansion in Central and Eastern Europe.
Enache will oversee Speedwell’s Romanian operations while continuing to coordinate development activities, the company said. His responsibilities include advancing projects, identifying investment opportunities, accelerating permitting procedures, and increasing residential sales and commercial leasing.
“With a good number of projects in the pipeline for the coming period and prospects for expansion into new regional cities, our priority is to ensure the efficient implementation of investments and the development of an integrated portfolio that will contribute to long-term urban transformation,” Răzvan Enache said.
Between 2027 and 2035, Speedwell plans eight projects in Bucharest, Timișoara, and Brașov. It is also assessing opportunities in Cluj-Napoca, Iași, and Sibiu.
The company’s projects in and around Bucharest include the Queens District development, scheduled for delivery in the first quarter of 2028, and new phases of The Ivy. It is also working on The Meadows and Glenwood Estate in Corbeanca and advancing the future CityZen development.
In Timișoara, Speedwell is developing the Paltim mixed-use project on the site of a former hat factory. It is also preparing to begin construction on another project at the former 1 Iunie textile factory.
Moreover, the developer plans to expand into Brașov through its Tino project.
In the industrial segment, it is completing Spaceplus East, part of a logistics and warehouse platform targeting small and medium-sized companies.
Speedwell co-founder Didier Balcaen said the company was also examining new property segments.
“Răzvan’s appointment comes at a time when Speedwell is expanding its investment opportunities in Romania, exploring new market segments such as student housing and elder care, as well as expanding Spaceplus, our logistics platform dedicated to small and medium-sized enterprises,” he stated.
Yannick van de Parre led the Romanian business during the development of projects including The Ivy, Paltim, and Queens District. His new responsibilities will involve supporting the group’s operations in other regional markets, according to the company.
Speedwell has operated in Romania for more than10 years and expanded into Poland in 2024. The company said its Romanian portfolio includes completed and planned developments totaling more than 5,500 apartments, approximately 160,000 sqm of office and retail space, and 23,000 sqm of industrial space, with an overall development value of around EUR 2 billion.
In Poland, it is developing a 675-bed student housing project in Warsaw and a residential scheme in Gdańsk.
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