Speedwell started the Spaceplus project of Chitila after having got the building license for its first industrial project. Construction works for the first warehouse will start soon, and the delivery deadline is set for the second quarter of 2022.

Didier Balcaen, Speedwell co-founder and CEO said that as a real estate developer, the company analyzes opportunities and the idea about the logistic component came to it while developing housing projects.

The first warehouse will have a total of 10,000 square meters of rentable spaces. The project is developed jointly with Belgium partner LCV.

Speedwell plans to develop such projects outside Romania as well, with demand high on the segment across Europe.

(English version by Catalina Apostoiu)