Also, according to market information, Hagag would have bought land across the street from one of the casinos in the area.
Stirbei Palace was built around 1835. Between 2001 and 2004, the palace was recovered by the heirs of the Ştirbei family and subsequently sold in 2005 with EUR 11 million to businessman Ovidiu Popescu, deceased in 201.
Hagag also bought the former Petrom headquarters in Calea Victoriei last year, for which it announced that it will invest 8 million euros in consolidation and upgrading, being the first office project of the company.
The consolidation and modernization works will be completed in the second half of 2019. The building has a total area of 7,300 square meters built and 6,000 square meters total leasable area and the height of the building will remain of seven upper floors. (source: economica.net)