Real estate investor-developer Hagag Development Europe has launched H Private, the first investment of the company in the private office niche in Bucharest. In addition, the company has completed the business center - H Private Arghezi, which will be inaugurated at the beginning of next year, following a consolidated investment of around €1.5 million.
H Private Arghezi, spreads over two levels with a total area of more than 1,500 sqm and will display approximately 30 private offices with surfaces up to 70 sqm and several meeting rooms that can accommodate up to 40 people simultaneously.
“We are talking about a demand volume that we have identified ourselves, based not only on the inquiries submittedby potential clients, but also on rigorous research and market prospecting activities conducted by our own team of specialists. We are delighted to expand to this new segment, which we consider to be, indeed, a niched one, but with an enormous potential for growth and development. Likewise, we feel excited to announce the opening, in Q1 2023, of our first location, H Private Arghezi, that will be hosted by H Tudor Arghezi 21, our newest office project in downtown Bucharest,” said Andreea Mihai, CEO of Hagag Development Europe.
At present, Hagag Development Europe has ongoing developments in the residential and office segments in Bucharest.
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