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Hagag and Niro team up to refurbish office building in northern Bucharest

April 15, 2025

Real estate developer Hagag Development Europe signed a partnership with Romanian peer Niro Investment Group to refurbish a 6,800 square meter office building built by the latter on land under concession in northern Bucharest. 

The building will be renovated, and the first tenants will move in at the beginning of July. 18% of the office space has already been leased, and an occupancy rate of at least 70% is expected by the end of this year.

Hagag paid EUR 5 million to purchase...

The text of this article has been partially taken from the publication:
https://www.romania-insider.com/hagag-niro-office-building-bucharest-april-2025
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