Real estate developer Hagag Development Europe has resumed construction on H East Residence, a major residential project in eastern Bucharest, after securing a new building permit that allows for updated façade aesthetics and improved interior layouts. Phase I is now set for completion in Q4 2026, with 50% of the available units already pre-contracted or reserved.
The restart comes with a €43 million investment, covering four mid-rise buildings—three with eleven storeys and one with six—totaling 273 apartments and 400 underground and above-ground parking spots. The development will also include 2,000 square meters of commercial space, EV charging stations, a playground, and expansive green areas.
Currently, the structural framework for the buildings is 90% complete. Over the next 18 months, the developer will implement several upgrades to the project’s original plans. These include enhanced façade designs, reconfigured internal partitions, improved infrastructure, high-quality finishes, and energy-efficient features.
Phase I is part of a larger vision. Once completed, H East Residence will encompass seven residential buildings and a total of 568 units—from studios to three-bedroom apartments—alongside 824 parking spaces, nearly 5,200 square meters of green areas, commercial outlets, and multiple access routes.
The 17,500-square-meter site is being developed in two stages and is designed to blend urban convenience with community-centric living. With strong early sales and a growing demand, Hagag aims to sell out Phase I before its scheduled delivery.