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Bucharest sees the emergence of a new luxury ecosystem image
05
Jun
2026

Bucharest sees the emergence of a new luxury ecosystem

by Ovidiu Nicolae
Yitzhak Hagag, Co-founder & Chairman of Hagag Development Europe, spoke to Property Forum about the firm's strategic focus on diversifying into hospitality and energy while maintaining strong growth in its core office and residential segments. He noted that rental income rose by 32% as the company prepares for major luxury retail and hotel project deliveries.
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