Hagag sells 60% of units in Bucharest residential project

22
May
2020
News - Hagag sells 60% of units in Bucharest residential project #Bucharest #development #Hagag #residential #Romania

by Property Forum | Residential

Real estate developer Hagag Development Europe has completed the structure of the first three buildings related to the first phase of the large-scale residential project H Pipera Lake. Construction works for buildings 4 and 5 reached the ground floor. Out of the total number of apartments available in the first three buildings, 60% have already been sold


Phase I of the project will deliver 5 buildings and a total of 435 units - studio, 2 and 3 room apartments with gardens or terraces as well as penthouses with generous terraces, displayed under a height of UG + GF + 6F + 7R. The delivery date for the first three buildings is scheduled for the month of September this year.

Located on the shore of Lake Pipera, in the vicinity of the continuously developing office pole in the area, H Pipera Lake will include over 1,350 apartments disposed over 17 building and served by more than 1,600 parking spaces, generous green spaces, playgrounds, a promenade area on the lakeshore, a mini-market and pharmacy located inside the complex, and private gardens for the ground floor apartments.




Latest news


New leases

  • Golden Star Estate has secured lease agreements totalling around 2,400 sqm at Warsaw-based Oxygen Park. Puerta has joined as the operator of the SZAWA conference centre, occupying over 650 sqm of training and event space. Additionally, fish product manufacturer Vicziunai-Pol Spółka leased nearly 140 sqm. Existing tenants Parker Hannifin, Diasorin Poland, and Nieruchomości Plus all extended their stays, maintaining a combined footprint of over 1,550 sqm.
  • BearingPoint has relocated its Bucharest office to Vastint’s Timpuri Noi Square, in a deal brokered by Griffes.
  • Lagardère Travel Retail has renewed its 2,300 sqm office lease for its HQ at the Bucharest-based Globalworth Campus, in a deal brokered by Cushman & Wakefield Echinox.

New appointments

  • Czech investment group SCF has expanded its team by appointing Jan Simandl as Senior Leasing Team Leader. In this role, Simandl will oversee leasing activities across the company’s commercial property portfolio. He previously worked for CPI Property Group and CBRE.
  • Michał Kochanowski-Laren has joined Avison Young Poland’s Technical Advisory and Project Management team as Project Manager. In his new role, he is responsible for delivering a variety of consultancy projects across all segments of the commercial real estate market in Poland. Kochanowski-Laren is an electrical engineer and a graduate of the Warsaw University of Technology.
  • Colliers Hungary has appointed Balint Laszlo as Director and Head of Design & Build. Laszlo brings over a decade of expertise in technical project management and fit-out execution, with a specific focus on the office and industrial sectors. He previously served as Head of Fit Out at Futureal Group, where he managed project execution, technical delivery, and cross-functional collaboration. His professional background also includes site management and commercial leadership roles.


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