Hagag Development Europe has kicked off the construction works for the consolidation and repurposing of Știrbei Palace on Calea Victoriei. The building will be transformed into H Știrbei Palace, the company's first retail project in Bucharest.

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. 

Andreea Mihai has been appointed as the new CEO of Hagag Development Europe, tasked with overseeing the development of the Romanian operations. 

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.

Hagag Development Europe has acquired a new office building located near Bucharest's central area with a built surface of 6,000 sqm. 

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.