Garanti BBVA to finance building 2 of The Ivy project in Northern Bucharest

Speedwell has signed a top up financing agreement with Garanti BBVA with the purpose to finance the second building of The Ivy project for a total loan amount of EUR 15 million.

Located on Jandarmeriei Street, close to Baneasa forest, The Ivy is a residential project featuring a total of 800 apartments comprised in 10 buildings.

The residential ensemble offers a wide variety of units and layouts, from studios to 2, 3, 4-room apartments and penthouses. The Ivy’s residents will have access to facilities like a restaurant, kindergarten, fitness centre with pool, and proximity shop, located within walking distance.

The ensemble will be built in four phases. Currently, works are ongoing for Building 1 and 2, part of Phase 1 of the project.  

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