Romanian developer Hils Development has announced the launch of Hils Nord, the seventh project in the company's portfolio with a total investment value of €200 million. The new development marks Hils Development's expansion from eastern Bucharest towards the northern area and continues the strategic direction of portfolio diversification through middle premium developments.

Hils Development, the real estate company led by entrepreneur Ionuț Negoiță, is set to deliver the first phase of its mixed-use scheme Hils Republica in June. 

Hils Development, the real estate group owned by Romanian entrepreneur Ionuț Negoiță, has purchased two land plots spanning 12 ha in western Bucharest. 

Romanian developer HILS Development has announced the launch of a new mixed-use scheme in Bucharest that will include residential, office and retail components that will cover 180,000 sqm.

Romanian real estate developer HILS Development will launch a new residential project in Bucharest. The complex will be developed based on an Urban Zoning Plan (PUZ) that has previously been secured by retailer IKEA. 

Three land plots with a surface of around 250,000 sqm, located on the grounds of the former Chimopar industrial platform in western Bucharest, will be tendered in mid-July. 

Real estate developer Ionuț Negoiță acquired a land plot of 10 hectares in eastern Bucharest from industrial company Tubinox. The real estate investor says that this part of the city holds significant potential for the real estate industry.