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Hagag Development Europe starts its first office project in Bucharest

Real estate developer Hagag Development Europe, part of Hagag Group Israel, starts construction works for its first office project in Bucharest: H Victoriei 109. Over eight million Euro will be invested in consolidating and remodeling the building.

2018-07-09 11:04:57

Located in the centre of Bucharest, on 109 Calea Victoriei, the edifice will preserve its previous destination, being dedicated to the office segment. The building benefits from GBA 7,300 square meters, GLA 6,000 square metres, and the height regime will be maintained at G+7.

"We have decided to invest in this project and focus our efforts on revitalizing the building and, implicitly, the area. H Victoriei 109 is a transformational project, and it is also an opportunity to deliver an exceptional product to the office segment. The edifice has a personality of its own that combines the elegance of the old times with what today we call "high-end" spaces. We have both the necessary experience and the know-how to exploit the full potential of the building", added Cristina Ghita, Sales Manager, Hagag Development Europe.

H Victoriei 109 will keep intact the architectural features of the building and its facade will be restored until the reach of its original appearance. The consolidation, remodeling and upgrading works will be completed in the second half of 2019.



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