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.
The new HILS Sunrise complex will feature 716 apartments spread across four apartment blocks. It will be located HILS Pallady, another residential complex delivered by the same developer.
Ionuț Negoiță, Founder and CEO of HILS Development, said in-house construction arm of the group has supported the delivery of thousands of apartments in the past 20 years.
HILS Sunrise will be the fourth residential project launched by the developer in Eastern Bucharest. The developer is also working on two more residential projects in Bucharest for which the sales phase will start at the end of 2023.