The company initiated the tendering process to select the general contractor.
The building of the palace will be fully consolidated and revamped and the facades and the exterior and interior decorative elements will be restored, while keeping the initial project.
The palace has an overall built area of 2,933 square meters. It was built in the late 18th century and served as a royal residence in the mid-19th century. The palace’s facades were refurbished in the late 19th century.
HAGAG Development Europe specializes in residential and retail projects in Romania. The company is engrossed in the acquisition, development and renovation of buildings and projects located in Bucharest’s premium areas.