Real estate developer Hagag Development is reopening the Stirbei Palace on Calea Victoriei in Bucharest, turning it into „the first luxury department store in Romania”. The opening is scheduled for the second half of 2025.
Real estate investor-developer Hagag Development Europe has started work on the restoration, consolidation and refunctionalization of Stirbei Palace on Calea Victoriei. H Stirbei Palace is the company's first retail project – a concept designed to meet the specific needs of the premium market segment.