Hagag Europe Development Z.F. Ltd (HGGE.TA) is an Israel-based real estate development company focused on residential and commercial property projects across Europe. The company develops and sells apartments, townhouses, and mixed-use complexes; provides construction management and project financing services; and offers property investment opportunities to institutional and private investors. It operates primarily in Poland, Romania, and Germany, with a portfolio emphasizing high-growth urban markets.
Founded in 2018 and headquartered in Tel Aviv, Israel, Hagag Europe Development targets middle-to-upper income buyers and investors seeking yield-generating assets in emerging European economies. Its business segments include residential developments, such as multi-family housing estates and luxury condominiums under the Hagag brand; commercial properties like office spaces and retail centers; and land acquisition for future projects. The company maintains subsidiaries in key operational countries to streamline local development and sales activities.
In recent developments, Hagag Europe Development expanded its pipeline through a strategic partnership with local Polish developers in 2024, enabling the launch of a 500-unit residential project in Warsaw. The company completed a NIS 150 million funding round in early 2025 from institutional investors to support acquisitions in Romania, marking its largest capital raise to date. Additionally, it reorganized its German operations in late 2024 to focus on sustainable builds, aligning with EU green building regulations, and announced a new service offering for off-plan sales to international buyers.