“Our company’s vision is based on the philosophy of perfection. Perfection is what elevates and distinguishes each of our developments, as do the sites and locations we choose.”
Hagag Development Europe is a real estate investor-developer operating in Europe, specialized in residential, commercial and hospitality projects, publicly traded at the Tel-Aviv Stock Exchange (TASE).
Headquartered in Bucharest, our group of companies owns and operates a national portfolio of assets valued at over EUR 300 MLN, with more than 250,000 square metres of GBA under management. We are involved in the acquisition, development and renovation of several properties and land plots with excellent positioning across Bucharest and other main cities in Romania.
The company’s selective portfolio encompasses unique projects that cover various industry segments, from innovative and iconic new developments, architecturally significant, revitalized landmarks that redefine the skyline of Romania’s capital city, to affordable large-scale resi-schemes.
Moreover, we are the only company active on the local market placing significant investments into developing and growing the niche segment of urban renewal through the reconversion of old, historical buildings with unique architectural presence and heritage value.
While we pride ourselves with having a proven track record of acquiring, developing, and flawlessly managing prime and super-prime assets, our company is widely recognized for its emblematic projects, privileged locations, distinctive architecture and unmatched quality. All of Hagag Development Europe’s projects, be they completed or under different development stages, are renowned not only nationwide, but across Europe and Israel as well.
THE PHILOSOPHY OF PERFECTION IN BUSINESS
Hagag Development Europe is led by a team of highly skilled and talented professionals with more than 20 years of experience in the real estate market, who share a common entrepreneurial focus and commitment to serving our clients, employees and the cities we operate in. We strongly believe that business proficiency, clear communication, liaising with strong and reliable collaborators and proficient execution is what enables Hagag Development Europe to successfully develop and manage outstanding and complex developments.
Our company 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. We are directly responsible for the development of some of Bucharest’s most elevated residences and office buildings. Our iconic projects have raised the bar and continue to set new standards when talking about premium real estate and our portfolio continues to expand not only across Bucharest, but also in other secondary markets across the nation and beyond.
RESHAPING THE URBAN LANDSCAPE
Ever since entering the Romanian market in 2017, Hagag Development Europe has been working constantly on reshaping the urban landscape. With an impressive land and property portfolio of residential, office, commercial and, more recently, hospitality projects, our company is recognized as one of the most prominent investor-developers in Romania and the SEE region.
Our commitment to excellence, know-how and expertise, enables us to successfully acquire, finance, develop, market and manage complex real estate projects. From the initial investment strategy, throughout all the development stages and up to design excellence and customer care, we make no compromise. As an innovative company, we are well-aware that today’s fast-paced lifestyle is a great challengeto our wellbeing. Our vision is to change that and to create authentic experiences for all our clients. As such, for our residents, tenants and investors, we offer bespoke services, exclusively tailored to their needs.
CO-FOUNDER AND SHAREHOLDER
Yitzhak HAGAG is Co-founder and shareholder of Hagag Development Europe, as well as the Chairman and Co-Founder of Israeli-based Hagag Group. His academic background together with his extended professional experience of over 19 years on the international real estate and purchasing groups markets offer him the perfect frame and capabilities to identify the development and growth potential of emerging economies.
Mr. Hagag holds a B.A. in Law & Administration, a M.A. in Law, and a flair for niche real estate developments. It is particularly his skill set that drove his attention towards a new, interesting and continuously growing market in Europe, with extraordinary premises for high-end projects: Bucharest.
As a result, in early 2017, Hagag Development Europe entered the Romanian market only to soon become one of the most prominent players of the local real estate sector, developing outstanding projects with unique architectural presence.