World agro-industrial group buys Hagi Ghita Office Building

A major player in the food products industry has recently acquired Hagi Ghita Office building, located in Bucharest’s Central Business District, owned by LSG Group. Crosspoint Real Estate was the sole advisor in the 2.8 million Euro transaction.

Hagi Ghita Office Building is located on 89-91 Hagi Ghita street, very close to Piata Victoriei, and provides 1,500 sqm built office space spread on 5 above ground floors with a typical floor area between 200-300 sqm.

The building was delivered in 2013, owner-occupied, and it was initially built by LSG Group, specialized in integrated building technologies as their HQ and flagship facility to showcase their capabilities in terms of engineering and infrastructure.

Thanks to other energy-saving technologies – such as solar panels for hot water production, rotary heat recovery to the ventilation system, HVAC and lighting coordinated a unique building management system without the presence of switches and thermostats in each room, the building is considered the first truly “smart” building in Romania.

- Advertisment -

Latest

Romanian GSM accessories retailer Contakt eyes regional expansion

Romanian mobile accessories retailer Contakt projects revenues of RON 137.9 million in 2025, up from RON 130 million last...

Hagag Development adds new mixed-use project to its local portfolio

Real estate investor-developer Hagag Development Europe has recently signed a partnership agreement with Niro Investment Group for the acquisition...

Bonapp by Munch saved 500 tons of food in Romania since its launch

Since its launch in November 2021, Bonapp by Munch, a mobile app dedicated to reducing food waste, saved over...