Hagag Development sells 50% of H Victoriei 139 apartments

Hagag Development sells 50% of H Victoriei 139 apartments

Published at: 2019-06-13 09:55 | Author: CIJ Romania
The Israeli developer Hagag Development mainly targets the luxury residential market, with two projects in Bucharest: H Victoriei 139 and H Eliade 9, but also has a middle-upper project of 1,300 units in Pipera. Andreea Hamza, Head of Sales& Marketing at Hagag Development Europe, told CEDER 2019 that 50% of H Victoriei 139 has been sold, only one month after construction started. The same goes for the Eliade project, which is still in the planning phase and is already 30% sold. "Demand will remain high for high-end projects, as long as you secure the location and you have a good mix between construction quality, concept, design, finishing and facilities," Hamza explained.

She added the company has been very active during the first half of this year and there is also strong demand for the project in Pipera. The group has opened an office in Israel to start selling there. Andreea Hamza said they noticed "big interest for properties in Bucharest".

Similar Stories:

Czech residential price inflation slows to a crawl in Q2
Rising residential prices has become an issue of such concern to the Czech public that new  »
New residential complex under construction in Kotor Bay
Design & CO, a Turkish-backed company based in Tivat, is building a 5-building residen  »
Housing prices rising steadily across Croatia
Housing prices in Croatia went up by more than 7 percent over the last year with new resid  »
Small flats taking over Prague's residential market
Small is beautiful. That's what residential developers in Prague have found as they look a  »
Where do you see your company going over the next two years? Since I became GM of the co   »
Construction has begun on Bispevika, a brownfield project along Oslo’s waterfront that   »
PSN has sold 350,000 sqm of land to the dominant Czech residential developer Central Group   »
Investors from China, Russia and other countries are leading a growing influx of foreign f   »