About us

About us


Budapest-based Horizon Development was established in 2006 to offer world-class, integrated professional services on the Hungarian property market, including development and property management, leasing and marketing.

Within a decade, the company – employing 19 top experts by today – became a key player and developed over 500,000 sqm of premium quality property ranging from office buildings to shopping and logistic centers, industrial parks, showrooms, sports complexes and luxury residences. Recent references include fully occupied and divested, multiple award winning green office buildings: 25,000 sqm Eiffel Square (2010) and 14,500 sqm heritage-protected Eiffel Palace (2013). Horizon Development has always aspired to deliver results beyond expectations, and focused on the premium segment both in terms of developing projects in the most sought-after downtown Budapest locations, incorporating the most innovative solutions and complex services into its buildings, and involving clients and business partners in the process, thus creating long-term, trust-based relationships.

Specializing both in heritage protection and modern architecture, and quickly responding to refined and unique demands formulated by market leading companies, the ambitious and visionary leadership of Horizon Development definitely fills a niche on the Hungarian development market. The remarkable professional and financial success of Eiffel Palace paved the way for three, similarly challenging and rewarding projects: the recently completed redevelopment of the 13,750 sqm Váci 1 Building elegantly linking the grandeur of a classic flagship store with modern offices and trendy restaurants (2016), the 25,000 sqm large-scale inner Váci út office scheme of Promenade Gardens (2018), and the superior Szervita Square development (2018) of sustainable and community features, combining retail, office and luxury residential functions in the very heart of the Hungarian capital on 13,400 sqm.



Attila Kovács received his Master of Science degree in Architecture at the Technical University of Budapest in 1994. His substantial theoretical knowledge was later complemented with hands-on international experience gained in the USA, Sweden, Italy and the United Kingdom. During his first 12 years in the professional arena he served as lead architect, project manager and managing director of DVM Design Ltd. In 2006 he became managing partner of DVM group, a progressive company delivering the most comprehensive range of integrated building services in Hungary, Horizon Development acting as its development arm. As an acknowledgement of his contribution to the enhancement of real estate development and the field of architecture in Hungary, Attila Kovács received the Office Market Professional of the Year People’s Choice Award in 2011 and the CIJ Leadership Award in 2016. As of June 2017 he is the Vice President of the Hungarian Property Developers' Roundtable Association.

Balázs Czár

Balázs Czár earned his civil engineering degree from the Technical University of Budapest in 1996, and already gained professional experience at various major Hungarian companies during his academic years. He started his career as a technical surveyor of gas station installations, and later managed large-scale construction projects of KÉSZ Ltd. In 2000 he served as technical and planning coordinator of power plants completed in the United States of America, and liaised between KÉSZ Ltd. and the Dutch NEM group. Currently he serves as managing partner at DVM group, and – together with Attila Kovács – directs Horizon Development’s development activities on a strategic and operational level.

Partners & memberships

Horizon Development considers it quintessential to collaborate with quality professional and business organizations, and serves as a member or strategic partner of the following local and international associations and companies.

  • Property Developers' Roundtable Association (IFK)
  • The International Real Estate Federation (FIABCI)
  • Royal Institution of Chartered Surveyors (RICS)
  • Hungarian Investment Promotion Agency (HIPA)
  • GLL Real Estate Partners