Hils Development secures €20 million for Bucharest resi project
Romanian developer Hils Development has obtained a loan of RON 99 million (close to €20 million) from Libra Internet Bank for the construction of Hils Sunrise complex in Bucharest.
Romanian developer Hils Development has obtained a loan of RON 99 million (close to €20 million) from Libra Internet Bank for the construction of Hils Sunrise complex in Bucharest.
Romanian investors have significantly increased their presence in the commercial real estate market, allocating nearly €1.8 billion to local acquisitions between 2015 and 2025.
Răzvan Brasla, CEO of Cloud9 Residence, talked to Property Forum about the company's €90 million investment in a new residential complex in northern Bucharest and the trend of homebuyers who want to be close to the main business hub of the city that comprises a wide range of facilities.
Hubix has announced a strategic partnership with Fimaro Development for the development of 600 residential units in Cluj-Napoca, near the Tetarom I business park.
Koramic Real Estate Romania, the local division of the Belgian family office Koramic Investments, has announced a total investment of €30 million for two new residential projects in Romania.

The Competition Council has authorised the transaction through which Pavăl Holding intends to acquire the Carrefour group in Romania.
Romanian construction company Concelex recorded revenues of RON 1.48 billion (€296 million) in 2025, representing a 17 per cent increase compared to the previous year.
Polytrade Global, a Romanian group specialising in energy infrastructure, the supply of electrical equipment, and renewable energy projects, closed 2025 with a turnover of around €21.5 million, a 173% increase on the previous year, and a net profit of €579,000.
Grup Şerban Holding said its subsidiary Ferma Avicolă Şerban completed the sale to SAGEM of a portfolio of real estate and operating assets located in Bacău and Vaslui counties, consisting of land plots, buildings, installations and equipment related to poultry farming activities.
Romania has recorded the lowest corporate artificial intelligence (AI) adoption rate in Central Europe, with just 5% of companies deploying the technology at an organisational scale.