The building covers a surface of more than 1,000 square meters and has gross built area of over 6,000 square meters of office spaces, displayed over seven levels.

“With this new transaction, we are not only strengthening our presence in Romania as a long-term investor and dynamic real estate developer, but we are reiterating, as well, Hagag Development Europe’s promise to contribute to the renewal and modernization of central areas by reviving some of the old buildings that have not only historical, but also cultural and heritage value. I am happy to see that, with each investment we add to our portfolio, our vision for Bucharest is progressively materializing”, said Yitzhak Hagag, co-founder and shareholder of Hagag Development Europe.

The building’s history goes back to more than 75 years and the project enjoys all the facilities deriving from its privileged location. Moreover, the Vasile Lascar area is recognized as one of Bucharest’s representative neighborhoods, relevant for both the historical and cultural identity of the city.