HILS Development, close to completing the first phase of the HILS Republica project

Real estate developer HILS Development, owned by Ionuţ Negoiţă, is about to complete the first phase of the HILS Republica project. Thus, the first apartments are to be delivered this summer.

“In the first phase, we are talking about two blocks with 369 apartments. The entire HILS development is to be ready in 5-7 years and will cover an area of 18 hectares, totaling 5,000 apartments,” said Andrei Ciobotaru, development director of HILS.

The project will benefit from commercial spaces, medical infrastructure, but also an educational center.

“We want to offer HILS clients access to the most varied infrastructure, in order to have the best possible quality of life. Regarding commercial spaces, we see an increased interest from companies in the retail area,” added Andrei Ciobotaru.

Meta Estate Trust announces first successful exit of the year

Meta Estate Trust announces a EUR 2.65 million exit from a Novarion residential project in Sibiu. The investment in this project had an Internal Rate of Return (IRR) of 20%, with total revenues over the entire investment period of approximately EUR 1.6 million. Meta Estate Trust’s investment in Novarion’s The Lake Home Sibiu residential project debuted in December 2021, being carried out in the form of a real estate development partnership. Meta Estate Trust’s exit from Novarion Sibiu is part of the company’s strategy to focus primarily on real estate co-development investments in Bucharest.

“We are pleased to close, since the first quarter of this year, a significant exit for Meta Estate Trust. The investment in Novarion represented one of Meta Estate Trust’s largest exposures, and in the more than three years of partnership we managed to mark three objectives. First of all, we marked a significant return for our shareholders and investors – 20% annualized and we supported the realization of a major residential project in Sibiu. Meta Estate Trust’s exposure during this investment period to the residential development sector represents a valuable experience for the entire Meta team.”, says Alexandru Bonea, CEO of Meta Estate Trust.

Meta Estate Trust invested a total of EUR 2.84 million in Novarion’s The Lake Home Sibiu residential project, phased starting in December 2021.

Check out the list of CONFIRMED SPEAKERS at CEDER Real Estate Conference & Exhibition

CIJ EUROPE is thrilled to unveil the first confirmed speakers for Romania’s premier real estate event — the CEDER Conference & Exhibition, taking place on 13th May at the Radisson Blu Hotel in Bucharest.

This year’s lineup brings together a powerful group of influential business leaders from the most respected companies in the property sector. Carefully selected for their insight, experience, and leadership, these speakers represent the very best of the industry. Their diverse backgrounds and expertise promise engaging discussions, bold perspectives, and thought-provoking debate — making CEDER 2025 an unmissable gathering for the real estate market in Romania and the wider region.

CONFIRMED SPEAKERS:
Doron Klein – Deputy CEO AFI Europe & CEO AFI Europe Romania & Czech Republic
Antoniu Panait – Managing Director – Vastint Romania
Jan Demeyere – Architect and Co-founder – SPEEDWELL
Alex Skouras – Managing Partner – Alesonor
Andreea Cotiga – Head of Leasing Office – CPI Property Group Romania
Adrian Stoichina – Co-CEO & Partner – Prima Development Group
Gijs Klomp – Business Development Manager – WDP Romania
Marius Barbu – Group Asset Director – NEPI Rockcastle
Andreea Dumitru – Chief Marketing Officer – Hagag Development Europe
Vlad Dragoescu – Director – CEE Head of Portfolio Management – Revetas Capital
Ioana Roman – Partner & Head of Real Estate – Filip & Company
Dan Ungureanu – Business Development Leader CEE & CIS – RENOMIA Gallagher
Valentin Neagu – Managing Director – Crosspoint Real Estate
Cristi Moga – Head of Capital Markets – Cushman & Wakefield Echinox
Silviu Stratulat – Managing Partner – Stratulat Albulescu Attorney at Law
Adinel Tudor – CEO – EVO Properties
Ioana Niculeasa – Head of Real Estate – NNDKP
Claudiu Bisnel – Managing Partner – Brisk Group
Andrei Vacaru – Head of Capital Markets CEE – iO Partners
Florian Nitu – Managing Partner – Popovici, Nitu, Stoica & Asociatii
Daniel Tudor – Founder & CEO – The Concept Group
Simona Gutiu – Founding Partner – Notarial Office EQUITY
Vlad Saftoiu – Head of Research – Cushman & Wakefield Echinox

Make sure you have your ticket booked to the most eagerly awaited property conference of the year! For bookings, please check our website: https://ceder.live/

CEDER 2025 confirmed Partners are: WDP, CPI Property Group, AFI Europe, Revetas, Speedwell, Hagag Development Europe, Paval Holding, NEPI Rockcastle, IULIUS Group, Filip & Company, EVO Properties, Anchor Grup, NNDKP, VASTINT, RRG Real Estate Group, Popovici, Nitu, Stoica & Asociatii, Crosspoint Real Estate, Stratulat Albulescu Attorney at Law, KUZIINI, Lion’s Head, Alesonor, Coral Construct, COS, Carbon Tool, Theta Furniture & More, The Concept Group, RENOMIA Gallagher, Optim Project Management, WEMAT, Tiriac Imobiliare, Cushman & Wakefield Echinox, Brisk Group, Safety Approach, Prima Development Group, ALUKÖNIGSTAHL, Imobiliare.ro, Notarial Office EQUITY, Miss Green.

Check out the RO Jury Committee for HOF Awards 2025

CIJ EUROPE is very proud to announce the judges formula from Romania for the 10th edition of HOF Awards Gala – Best of the Best Hall of Fame which will be held on 13th of May, at Radisson Blu Hotel, in Bucharest.

HOF Awards is the climax of the CIJ Awards series 2024, pitting the winning projects and companies from around Central & Eastern Europe against each other to determine who the Best of the Best really are. This year’s event features winning entries from the Czech Republic, Hungary, Poland, Romania, and Slovakia. In the event’s innovative and transparent voting system, a select group of real estate leaders from the region vote as a jury in combination with votes from selection CIJ readers from around the region. Please find below the jury committee from Romania this year at HOF Awards 2025:

Doron Klein – Deputy CEO AFI Europe & CEO AFI Europe Romania & Czech Republic
Ema Iftimie – Managing Director – Globalworth
Fulga Dinu – Country Manager – CPI Property Group Romania
Antoniu Panait – Managing Director – Vastint
Didier Balcaen – Co-Founder & Partner – Speedweel
Marian Roman – Managing Director – Paval Holding Properties
Razvan Nica – Managing Director – BuildGreen
Dana Bordei – Country Manager Commercial – VGP
Sorin Preda – Founder & CEO – Global Vision
Alina Necula – Country Manager – Lion’s Head
Robert Ionita – Group General Counsel – NEPI Rockcastle
Ioana Roman – Partner – Filip & Company
Adinel Tudor – CEO – EVO Properties

The HOF Awards 2025 promises to be an unforgettable evening of excellence, networking, and industry recognition, honoring the “Best of the Best” in real estate! For registrations, please check our website:

Home

HOF Awards 2025 confirmed Partners are: CPI Property Group, Revetas, Speedwell, Filip & Company, NEPI Rockcastle, Coral Construct, Carbon Tool, Fortim Trusted Advisors, Safety Approach, ALUKÖNIGSTAHL, Optim Project Management, WEMAT, Bog’Art, Corporate Office Solutions, Reynaers Aluminium.

Hagag to acquire 110000 sq m industrial truck platform in Brașov

Hagag Development Europe has signed a memorandum of understanding with the aim of acquiring buildings with a cumulative area of 110,000 square meters, part of the Roman Brașov industrial truck platform. The transaction may become the largest concluded this year on the land market.

The buildings are to be demolished, and in their place a mega real estate project is planned to be developed, worth over EUR 200 million. The agreed price for the sale of the property is EUR 23 million, plus VAT.

The parties have agreed that the price will be paid in 4 installments, and Hagag can obtain a price reduction if it makes advance payments.

The seller of the land is in an advanced stage of approving a new Urban Zonal Plan (PUZ). This plan proposes the construction of approximately 1,800 homes, 13,000 square meters of commercial space, approximately 8,000 square meters of office space and approximately 2,000 parking spaces. The estimated development cost of such a project is over EUR 200 million.

Source: Profit.ro

Hanwha prepares to start construction of weapons factory in Dâmbovița

The South Korean company Hanwha intends to build, in two years, a weapons factory in Dâmbovița County, with the prospect of it becoming a regional hub for components, maintenance and repairs, said Michael Coulter, CEO of Hanwha Global Defense. He stressed that, from his company’s perspective, the best solution for the current challenges is the consolidation of regional industries and local acquisitions.

“Here, in Romania, there is a need for industrial consolidation and here we are focusing on delivering the K9 and K10 howitzers. We are in the middle of the process of building a factory, where we will produce components. In the first phase, we will deliver directly, due to the pressing need, but, along the way, we will bring the production of the K9 and K10 to Romania,” added Michael Coulter.

The South Korean company has already opened an office in Bucharest, and, at the time of construction of the factory, will collaborate with Romanian companies such as Pro Optica or Iveco.

One United Properties to complete the conversion works of the One North building this year

One United Properties will complete the conversion works of the One North office building into apartments this year. The developer One United Properties announced in the fall of 2022 that it would transform one of the two office buildings it owned in northern Bucharest into an apartment block. The gross development value announced at the time was EUR 30 million. The other building was sold last year for EUR 6 million.

The block with the new apartments is expected to be completed in the third quarter of this year. There will be a total of 160 apartments here, of which One United Properties has already sold 78 units.

The price for a studio with an area of 50 square meters is EUR 145,000, for a two-room apartment the price is between EUR 125,000 and 160,000, depending on the area. Three-room apartments have prices between EUR 207,000 and 280,000, and four-room ones cost even EUR 291,000.

Source: economica.net

Libra Internet Bank financed with EUR 11.9 million the residential complex The Concord

Libra Internet Bank contributes with EUR 11.9 million financing to the development of the residential complex The Concord, a premium project located on Dimitrie Pompeiu Boulevard, which represents a total investment of over EUR 20 million. The residential complex belongs to the Concordia Partners company.

“The financing provided by Libra Internet Bank for The Concord is proof of our commitment to supporting innovation in the real estate sector. Our expertise in Real Estate makes us confident in the concept that is the foundation of this premium project: an efficient connection to one of the most dynamic areas in Bucharest, along with the guarantee offered by the tranquility and comfort of an exclusive residence”, said Cristina Mahika-Voiconi, CEO of Libra Internet Bank.

Three new public hospitals under construction in Romania

In the last 30 years, there have been few investments in new hospital projects, although the medical system needs a modern infrastructure. Although 27 hospitals in the country, totaling EUR 10 billion in investments, had received the green light for money from the National Recovery and Resilience Plan (PNRR), as shown in the Ministry of Health’s 2023 table, only some projects have already been started.

The data shows that the construction of a new infectious diseases and pneumology hospital has begun in Oradea, with a total investment of RON 673.4 million, of which 95% represents eligible financing through the PNRR, and 5% is the municipality’s contribution. The completion deadline is 30 months, with the target date for the end of 2026. Also, the neurosurgery hospital in Cluj-Napoca, worth RON 230 million, through the PNRR program, is already under construction. At the same time, at the children’s hospital in Cluj, an investment of RON 970 million, the builder has been appointed and the works will begin.

Agroland reaches 29 MEGA stores in Romania

Agroland Business System, a Romanian retail, agriculture and food entrepreneurial group, which owns the largest network of agricultural stores in Romania, announces the opening of a new Agroland store in MEGA format near the municipality of Suceava, its network reaching 29 units of this type nationwide.

“The opening of the new MEGA store in Suceava brings us closer to achieving our objective of exceeding the threshold of 250 Agroland stores this year. The expansion plan follows a period in which we consolidated the foundations of our network and identified the areas with the highest potential for the MEGA format,” says Horia Cardoș, founder and CEO of Agroland Business System.

The new Agroland Suceava store is the first MEGA unit opened in Suceava county and the sixth Agroland store in this county. For the opening of the new Agroland Suceava, the company invested approximately 900,000 lei. Currently, the Agroland Group operates 236 stores, of which 29 are MEGA format stores.

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