Willow Residential is held by Court Palace NV (45%), Odebrecht NV (45%) and Bluebell Consulting (10%). Its CEO is Didier Balcaen, who also runs Speedwell.
The companies considering a potential relocation to the new office space project include Samsung Romania, which is now renting space in Willbrook Center on DN1 (national road 1).
The development of the new office space project will put Didier Balcaen in direct competition with both the Victoria Park project of Immofinanz across the street from Baneasa Shopping City, Baneasa Business & Technology Park (2007) and Willbrook Platinum (2011). On the other hand, DN1 has not attracted any more project, as developers chose to go near subway stations.
Speedwell has previously worked on the Unirii View office building in the Piata Unirii area in Bucharest, where it handled construction, development and project management, and is now working on a residential project in the city and on a mixed-use project in Cluj-Napoca.
(English version by Loredana Fratila-Cristescu)