News Article Hagag invests €90 million in first Bucharest project
by Import Sys | Residential

Hagag Development Europe is investing over €90 million in its first Bucharest project and the company’s largest residential project in Romania, H Pipera Lake.


The project will be built on a 57,000 sqm surface and will include around 120,000 sqm of apartments, built in three construction phases. H Pipera Lake will be designed by the Razvan Barsan + Partners architecture office and will deliver 1,350 apartments (studios, 1 and 2 bedrooms) distributed in 17 blocks. More than 1,600 parking places will be available, as well as gardens for ground floor apartments.
 
The first apartments are estimated to be handed over in spring 2018. The first 5 buildings will have 390 apartments between 55 and 97 sqm. They will be delivered in the second half of 2019.