Hagag Development Europe is one of the most prominent real estate investor-developers operating on the Romanian market. Co-founded in 2017 by Israeli leading real estate personality Yitzhak Hagag, and successfully listed on the Tel-Aviv Stock Exchange in August 2021, the company owns and operates a solid land and property portfolio comprising residential, office, and commercial projects valued to over EUR 300 MLN.
Best known for is urban renewal efforts focused on the refurbishment and renovation of multiple historical buildings in downtown Bucharest, as well as for its boutique upper-premium residential projects in the Primaverii neighbourhood, the developer is actively contributing to the growth and evolution of the local real estate sector, redefining the concept of “luxury” on the property market in Romania.
The company is involved in the development, renovation, marketing, and management of several projects spanning various industry segments, located in both privileged locations and emerging areas across Bucharest. Its commitment to excellence, know-how and expertise, together with its expanding portfolio of projects widely recognized in Romania, the SEE region, and Israel as one-of-a-kind developments, supports the organization in creating authentic experiences for all its clients.
Moreover, Hagag Development Europe stands out as the first real estate company in the country that has been placing significant investments into developing and growing a niche market segment: urban renewal through the reconversion of old, historical buildings with unique architectural presence.