SPEEDWELL and Garanti BBVA Extend their Partnership for THE IVY
by CIJ News iDesk V 
2025-10-07 
finance
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SPEEDWELL is strengthening its collaboration with Garanti BBVA Romania through a new EUR 8 million financing agreement. The facility will fund the development of Building C8, the fourth building within THE IVY, SPEEDWELL’s flagship premium residential project near Băneasa Forest. With this deal, Garanti BBVA’s total financing for THE IVY now reaches almost EUR 40 million, underlining the strong and long-standing partnership between the two companies. The six-storey C8 building will feature 45 apartments, ranging from studios to four-room units (44–128 sqm). The completion of construction works is estimated for the end of 2026, with the handover of the apartments scheduled for the second quarter of 2027. Spread across more than 5 hectares, THE IVY will ultimately include ten residential buildings and over 800 apartments, designed as a gated community with modern facilities such as a restaurant, kindergarten, and fitness center. Two buildings have already been delivered, while the third building has been completed and will be delivered this autumn. Building C8 will also target the Green Homes certification from RoGBC, continuing SPEEDWELL’s focus on sustainability. “The launch of C8 is an important milestone, enabling us to meet the strong demand for premium homes with a real sense of community. With Garanti BBVA’s support, we remain confident in delivering comfort, sustainability, and lifestyle at the highest standards. Over the past years, THE IVY has grown into a vibrant neighbourhood where trust and recommendations from existing residents play a decisive role. We are confident that C8 will follow the same success, offering future homeowners the quality, long-term value, and lifestyle they are looking for,” said Mădălina Arsene, Sales Manager at SPEEDWELL.