Company Overview
Hagag Group Real Estate Entrepreneurship Ltd is a leading Israeli real estate development company founded in 2003 by brothers Isaac and Eido Hagag. The company specializes in the development, management, and marketing of premium residential and commercial projects throughout Israel. Publicly traded on the Tel Aviv Stock Exchange under the ticker symbol HGG, Hagag Group has established itself as one of the four most influential real estate groups in Israel.
As of March 2025, the company has a market capitalization of approximately $308 million with 62 million shares outstanding. The company reported a trailing 12-month revenue of $192 million as of September 2024 and employs approximately 258 professionals.
Leadership and Recognition
The Hagag brothers serve as the controlling shareholders of the company, which became publicly listed in late 2010. Their leadership has earned them significant recognition in the Israeli business community:
- Selected among the 40 leaders in Israel under the age of 40 (2008)
- Named one of the four most influential real estate groups in Israel (2009)
- Awarded the title of Globe’s Men of the Year (2010)
- Their prestigious Meier on Rothschild project won a design award (2011)
Core Business Activities
The company’s operations span several key areas of real estate development:
- Luxury Residential Projects: Development of high-end residential towers, private houses, and apartments in prime locations
- Commercial Real Estate: Construction of office towers and commercial buildings
- Urban Renewal: Through its subsidiary “Hagag Group – Urban Renewal,” the company specializes in urban renewal projects (Tama 38) that focus on:
- Strengthening existing foundations
- Protection against earthquakes
- Renovation of building envelopes
- Adding protective measures and secure rooms
- Building and upgrading elevators and entrance spaces
Flagship Projects
Over the years, Hagag Group has developed more than 45 exceptional projects throughout Israel. Some of their most notable developments include:
Port TLV Residence
A luxury beachfront residential project located just 50 meters from the Mediterranean shoreline in Tel Aviv’s lively port district. Designed by renowned architect Ilan Pivko, this 10-story building features:
- High-end luxury apartments ranging from 76-180 sqm
- Exclusive duplex penthouses with private infinity pools
- A boutique hotel on the first two floors
- Premium amenities including concierge services, gym, pool, and sauna
Meier on Rothschild
The most luxurious residential project in Israel, a 41-story tower designed by international architect Richard Meier.
H-Tower Recital
A prestigious office tower located in the heart of Israel’s business center.
Other Significant Projects
- H-Shadal Tower: A 40-story luxury mixed-use tower at Rothschild Boulevard and Shadal Street
- H Infinity: The tallest residential tower in Israel at 48 stories, located near Kikar Ha’Medina
- Tel Aviv Towers: Two 34-story residential towers with 240 units in the Nachlat Yitzhak neighborhood
- H Tower: A 31-floor luxurious office building in Tel Aviv’s Northern business center
Recent Developments
In October 2024, Hagag Group completed a secondary transaction with Zim Bahari Real Estate. The Port TLV Residence, one of their flagship projects, is scheduled to be fully occupied by the end of 2024.
The company continues to expand its urban renewal initiatives, with approximately 60 urban renewal projects in prime locations in Tel Aviv. Their expertise in transforming older neighborhoods while preserving their character has made them a leader in this segment of the market.
Company Philosophy
Hagag Group attributes its success to strategic partnerships with clients and service providers. Their business approach focuses on:
- Selecting premium locations
- Working with expert service providers
- Collaborating with renowned designers and architects
- Delivering innovative building solutions
- Maintaining stability and reliability in all operations
This combination of factors has established Hagag Group as a model for innovative building, profitable partnerships, and personalized service in the Israeli real estate market.
Contact Information
Headquarters: The Four Towers (South Tower), 32nd floor Website: www.hagag-group.co.il
