ARTICLES LABELLED WITH TAG hagag
16
Nov
2021
Nov
2021
Hagag Development Europe makes first hotel acquisition in Romania
Property developer Hagag Development Europe has purchased Susai Hotel in Romanian mountain resort Predeal, in a move that marks the first transaction outside Bucharest.
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26
Oct
2021
Oct
2021
Hagag presides opening bell ceremony at Tel Aviv Stock Exchange
Hagag Development Europe has officially opened the trading day on Tel Aviv Stock Exchange (TASE) on October 24. The property developer has raised around €28 million after going public last August on TASE.
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16
Sep
2021
Sep
2021
Hagag completes residential project in central Bucharest
Hagag Development Europe says it has received the completion certificate for its residential project H Victoriei 139 in central Bucharest.
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21
May
2021
May
2021
Hagag concludes procedures for building restoration in Bucharest
Hagag Development Europe says it has submitted the complete documentation in order to obtain the building permit for the consolidation and restoration works on Știrbei Palace, a historical building located in central Bucharest.
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28
Apr
2021
Apr
2021
Hagag digitises home sales in Romania
Real estate developer Hagag Development Europe says it has fully implemented the Realpad software, thus digitizing sales operations for all residential units available in its ongoing projects H Pipera Lake, H Eliade 9 Residence and H Victoriei 139.
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10
Mar
2021
Mar
2021
Hagag invests €4 million in new office building in Bucharest
Hagag Development Europe has started the construction works for the reconversion of the property it owns in the University area. H Tudor Arghezi 21 is the second office project that the company is developing on the local market, and the investment amounts to over €4 million.
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23
Feb
2021
Feb
2021
Hagag stays open to new market opportunities
With an investment budget of €100 million for this year, Hagag Development Europe remains open to new opportunities. Yitzhak Hagag, Chairman and Board Controller at Hagag Group spoke to Property Forum about current projects and future plans for the Romanian market.
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16
Feb
2021
Feb
2021
Hagag plans €100 million of investments in Romania
Hagag Development Europe has an investment budget in Romania of €100 million for this year, according to Ziarul Financiar.
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10
Dec
2020
Dec
2020
Hagag starts construction on Bucharest resi project
Real estate developer Hagag Development Europe started construction works for its residential project H Eliade 9 Residence. The development budget amounts €16 million. 40% of the available units have been already sold in the pre-construction phase.
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03
Dec
2020
Dec
2020
Hagag extends collaboration with Global Vision in Bucharest
Real estate developer Hagag Development Europe extends its collaboration with Global Vision. In addition to the property management of the developer’s office building H Victoriei 109, Global Vision will provide property management services for the residential project H Pipera Lake.
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New leases
- Froo Romania, a subsidiary of the Żabka Group, has relocated its HQ to the Bucharest-based Hermes Business Campus. The retailer secured around 2,900 sqm of office space in a transaction facilitated by Colliers.
- Court One has signed a lease for approximately 6,300 sqm of space at MLP Business Park Vienna. The tenant, a subsidiary of the Padeldome group, is currently Austria’s largest operator in the sector, managing 42 courts across four locations in the capital.
- Polish fashion and lifestyle brand Medicine has accelerated its domestic expansion, headlined by the opening of its largest store to date, a 985 sqm flagship at the Silesia City Center in Katowice. This strategic scale-up is mirrored by simultaneous growth in several regional markets, including a new 740 sqm unit at Magnolia Park in Wroclaw and a 600 sqm extension at Galeria Warmińska in Olsztyn. The retailer further bolstered its Silesian presence with a 500 sqm location at Pogoria Shopping Centre and a new opening at CH Platan, significantly increasing its total floor space across Poland.
New appointments
- Avison Young has promoted Bartłomiej Krzyżak and Marcin Purgal to the roles of Co-Heads of the Investment Department in Poland. Krzyżak, previously Senior Director, brings 18 years of commercial real estate experience, having joined Avison Young in 2017. Purgal, also a former Senior Director and a member of the Royal Institution of Chartered Surveyors (MRICS), transitions into the co-head role with 23 years of experience in the CEE commercial markets.
- Avison Young has strengthened its Polish leadership with three senior promotions. Patryk Błach ascends to Associate Director within the Investment Advisory Department. Kamil Głowienka has been named Senior Project Manager. Furthermore, Katarzyna Uzar becomes a Valuation and Innovation Specialist, tasked with integrating technological solutions and coordinating global departmental projects.
- Katarzyna Myjak has joined Axi Immo as Senior Business Advisory Manager, tasked with strengthening the company’s Industrial & Logistics business line.
