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Israeli developer Jacob Hai will build a residential project in the Albanian capital of Tirana for 15 million euros, Globes agency reported. Hai’s company, Globe International Holdings, will build the 88-unit project, called “Touch of the Sun”.
Hai is also active in Nigeria, Bulgaria, Ukraine, Turkey, and Israel. It has built 30,000 apartments as well as 1.5 million square meters of commercial and industrial space in its 30 years of doing business.
Globe International said that 65% of the apartments would be sold to Albanians, and the rest to foreigners, including Israelis, to house employees working in Albania. Colliers International will market the project.
