Hils Development completes sale of resi complex in Bucharest

08
Oct
2025
News - Hils Development completes sale of resi complex in Bucharest #Apartments #Bogdan Bălașa #Bucharest #Hils Brauner #Hils Development #Residential #Romania

by Property Forum | Residential

Romanian developer Hils Development has announced the complete sale of the Hils Brauner residential complex, located in eastern Bucharest in the Theodor Pallady - Victor Brauner area. The project comprises 1,336 apartments and over 2,500 residents.


The company now has three fully sold residential projects: Hils Pallady, Hils Splai and Hils Brauner. Together, these total over 3,300 apartments in eastern Bucharest.

"The fact that the project is now fully sold motivates us to continue investments in eastern Bucharest and develop increasingly connected and sustainable communities," said Bogdan Bălașa, General Manager of Hils Development.

The complex features efficient layouts, generous green spaces of over 8,596 sqm, playgrounds, relaxation areas, a football field, a café at the entrance and an 8-level parking structure offering 1,363 spaces for residents and visitors. Strategically located just 600 meters from Nicolae Teclu metro station, Hils Brauner benefits from easy access to public transport, commercial areas and educational centers, including the Victor Brauner Educational Complex, opened in 2025, which offers 450 student places.

New retail and service investments have appeared around the complex, roads and utility networks have been modernized, and today the area is among the most active in eastern Bucharest.




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New leases

  • Sirowa Poland has relocated its office in the revitalised mixed-use Centrum Praskie Koneser complex. The international distributor of cosmetic and pharmaceutical brands leased 958 sqm in Building P at the development, in a deal brokered by Savills.
  • International fashion retailer Primark has opened its fifth Romanian store, spanning 3,185 sqm, at ElectroPutere Mall in Craiova, marking its debut in the country's south-west region. The launch follows a €10 million investment.
  • Speedwell has secured four new medical tenants for its Paltim mixed-use urban project in Timișoara. Colegiul Medicilor Stomatologi - Filiala Timiș has leased approximately 105 sqm, with an opening scheduled for November 2026. Concurrently, Paul Bold Dental Solutions will open a 143 sqm dental clinic in November 2026. Ophthalmology clinic ArtVision Med & Sofilens Lux has occupied 172 sqm since January 2026. Lastly, Ziva, a dermatology, aesthetics, and gynaecology clinic, has taken 92 sqm and will officially open in July 2026.

New appointments

  • Katarína Brydone, Jana Vlková and Vendula Maršová have been appointed as the first Equity Partners of Colliers’ Czech business. Brydone brings more than 20 years of experience in international real estate. Vlková has more than 25 years of experience in commercial real estate. Maršová, Partner and Head of Valuation and Advisory Services, brings more than 16 years of experience in real estate valuation and advisory.
  • BNP Paribas Real Estate Poland has expanded its Industrial and Logistics Agency team with the appointments of Joanna Choromańska, formerly of JLL, and Bartosz Wilczyński, previously with CBRE. The new hires bring a combined 34 years of experience in sector sales, lease negotiations, and build-to-suit project delivery to support the division's ongoing growth.
  • Speedwell has expanded its industrial and logistics team with the appointment of Valentin Achim as Leasing and Property Manager for Industrial Developments. Achim brings extensive experience in coordinating commercial and operational activities within the logistics and industrial sectors. In his new role, he will oversee the development and expansion of the company's Spaceplus platform.


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