ARTICLES LABELLED WITH TAG Yitzhak Hagag

News Hagag Development Europe enters Bucharest hotel market
12
May
2025

Hagag Development Europe enters Bucharest hotel market

by Property Forum
Hagag Development Europe has partnered with Radisson Hotel Group to launch its first hotel in Bucharest under the Radisson RED brand. 
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News Hagag Development Europe buys stake in Bucharest mixed-use building
14
Apr
2025

Hagag Development Europe buys stake in Bucharest mixed-use building

by Property Forum
Hagag Development Europe has announced the acquisition of 50% of a multifunctional building near Herăstrău Park, as part of a partnership with Niro Investment Group.   
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News Hagag to open luxury department store in Bucharest
04
Mar
2025

Hagag to open luxury department store in Bucharest

by Property Forum
Hagag Development Europe is preparing to reopen the Știrbei Palace on Calea Victoriei, in H2 2025, as a luxury department store. 
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News Demand for smaller spaces to dominate Bucharest's office market
20
Jun
2024

Demand for smaller spaces to dominate Bucharest's office market

by Ovidiu Nicolae
Yitzhak Hagag, Co-Founder and Shareholder, Hagag Development Europe, spoke with Property Forum about the increasing demand for the company’s boutique office buildings in central Bucharest and the strong sales book for its residential developments in the city. The company has a development budget totalling €195 million.
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News Hagag Development Europe buys resi development in Bucharest
09
May
2024

Hagag Development Europe buys resi development in Bucharest

by Property Forum
Hagag Development Europe has purchased a residential complex under development in Eastern Bucharest, located on a former industrial platform.
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News Hagag drops office purchase in Bucharest
19
Jan
2024

Hagag drops office purchase in Bucharest

by Property Forum
Hagag Development Europe has withdrawn from negotiations with SNC-Lavalin for the purchase of an office building in Bucharest, in a deal estimated to have reached over €8 million.
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News Hagag Development Europe starts its first retail project in Bucharest
31
Oct
2023

Hagag Development Europe starts its first retail project in Bucharest

by Property Forum
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.
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News Hagag Development Europe plans to invest over €130 million in Romania
16
May
2023

Hagag Development Europe plans to invest over €130 million in Romania

by Ovidiu Nicolae
Yitzhak Hagag, Co-Founder and Shareholder of Hagag Development Europe, spoke with Property Forum about the ongoing developments in Romania and the company's plan to invest around €130 million in the local property market in the upcoming years. Hagag also outlined the growing potential of the newly launched private offices division, which has already reached an occupancy rate above 60%.
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News Hagag's H Victoriei 139 recognised at International Property Awards
10
Feb
2023

Hagag's H Victoriei 139 recognised at International Property Awards

by Property Forum
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. 
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News Hagag Development Europe names new CEO
27
Sep
2022

Hagag Development Europe names new CEO

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


New leases

  • The Embassy of the Republic of the Philippines has moved to Bucharest-based SkyTower, operating out of a 580 sqm space under a 5-year lease agreement. The building also hosts the Embassy of the Republic of Korea in Romania.
  • De Heus, a producer of animal feed, which has built a strong presence in the Polish market, has leased 7,050 sqm of warehouse and office space at GLP Łódź III Logistics Centre. This is the first Class A warehouse of De Heus in Poland. The tenant was advised by specialists from Newmark Polska during the search for the right space and throughout the lease negotiations.
  • Endava has leased an additional 2,400 sqm in the UBC 1 building, part of the Palas Iași mixed-use complex owned by Iulius. This expansion brings its total office area to 5,500 sqm.

New appointments

  • MLP Group strengthened its management structures. Maciej Müldner, a manager with over 30 years of experience in finance at international corporations and banks, joins the Management Board. He will be responsible for further strengthening the Group’s financial position.
  • Indotek Group has welcomed Viktor Nagy, who joined us in September as Head of Non-Retail Sales. With more than 20 years of experience in the real estate sector, Viktor has held leadership positions at international companies such as Immofinanz, EHL Real Estate Hungary and Atlas Estates. In his new role, he will be responsible for further developing our non-retail sales strategy and strengthening international relations.
  • Paweł Reszczyński has been promoted to Land Development Director and will be responsible for coordinating land acquisition and investment processes for new logistics and industrial projects. Developing the land bank remains a key pillar of MLP Group's long-term expansion strategy.

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