Thursday, 20 August 2026
Real estate developer Hagag and grain trader Cambela Prod have extended the due diligence period for the acquisition of an 8.6-hectare land plot in Constanța, on the site of a former trolleybus depot, until August 22, 2026.
According to the Zonal Urban Plan, the development has a total built area capacity of approximately 234,000 square meters. The residential component is predominant, accounting for about 174,000 square meters allocated to 2,115 apartments and complementary commercial spaces. The project also includes a 10,000-square-meter hotel section, 7,000 square meters for public buildings, and around 2,485 underground and aboveground parking spaces.
The transaction is structured without full cash payment: Bela Tănase, owner of Cambela Prod, will receive apartments and potential commercial spaces proportional to the land’s value, or cash compensation following the project’s commercialization.
