Real estate investor-developer Hagag Development Europe has received the “Best International Award” for the Renovation/Redevelopment of H Victoriei 139, during the International Property Awards 2022-2023 Gala held in London on February 2nd.
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.
Hagag Development Europe has received the building permit for the consolidation and renovation works on Știrbei Palace located in central Bucharest. The developer will select a general contractor to start the transformation of the historical building in a high-end commercial gallery.
Yitzhak Hagag, Co-Founder and Shareholder of Hagag Development Europe, talked to Property Forum about the expansion of the company's €300 million portfolio focused on residential and offices in Bucharest and the development plans for the emerging hotel division. The developer is looking to increase its presence across Romania and plans to expand in other European markets in the long term.
Property developer Hagag Development Europe will invest over €20 million in H Primăverii 1, a new residential project comprising 18 apartments and 700 sqm of commercial spaces.
Property company Hagag Development Europe has taken over a land plot of 1,362 sqm in the high-end area of Primăverii in Bucharest for €8 million plus VAT.
The Access Group, the UK provider of business management software, has leased 4,200 sqm of office space in Iulius Town Timișoara. More than 400 specialists work in the Global Operation Center based in United Business Center 0, and the company plans to double the number of tech specialists by the end of this year.
Centrumrowerowe.pl is opening a stationary shop in Warsaw. The shop will be located in the CH Okęcie Park and will be launched on 1 April. It is to have as much as 2,700 sqm of floor space.
Intive global tech company has let 62 workstations in the flexible Myhive office in Myhive Crown Tower (Warsaw), belonging to CPI Property Group. Savills and Workthere assisted with the transaction.
New appointments
CPI Property Group is expanding its retail leasing department. Dariusz Kafara has been appointed as the new Leasing Manager. At the Warsaw branch of the company, Dariusz is responsible for maintaining the maximum level of commercialisation in two retail park chains from the group's portfolio - CityMarket and STOP SHOP.
Brian Nyeng Olesen, formerly head of commercial at the Salling Group, has been appointed as the new managing director of Netto Polska. The position was previously held by Hugo Mesquita.
M Core appoints Magdalena Kowalewska as the new Chief Operating Officer at LCP Properties, Poland. This comes at the same time that Krystian Modrzejewski has accepted a post as the Group Head of Expansion for Poland, where he will be responsible for realising the opportunity for land and asset acquisition in aid of portfolio growth. LCP Properties Poland is part of the M Core group, which brings together family-owned companies that invest in and manage real estate. It comprises LCP, Proudreed, Sheet Anchor, GIPAM and Evolve Estates.
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