News

The headquarters of the Association of Hungarian Architects was home to a press conference last Monday where Hungarian winners of the FIABCI (the International Real Estate Federation) Prix d’Excellence Awards introduced their projects, following the online winners announcement held on 16 July. This year Horizon Development’s Promenade Gardens office building was acknowledged with a World Silver Award at the global competition also known as The Oscars of the real estate industry.

During the first 21 years of Hungary’s involvement in the FIABCI Prix d’Excellence Awards Horizon Development picked up 5 Silver and 1 Gold in diverse categories including heritage protection, sustainability, office- and retail development. All projects of the premium developer – whether representing heritage restoration or modern architecture – are characterized by technical excellence, unique design solutions, 100% occupancy, successful divestments to institutional investors, as well as a top-quality built environment with sustainability and wellbeing at its core.

Attila Kovács MRICS, the company’s founder and managing partner emphasized: “For Horizon Development it has always been a top priority to participate at international real estate competitions and global platforms, where our projects’ architectural value, technical content, sensitive approach towards the environment and society, as well as the success of our business model get objectively measured, giving us invaluable feedback for setting future goals. We are extremely proud that after our three previous FIABCI-winner projects (2011: Eiffel Square, 2015: Eiffel Palace, 2017: Váci 1) now Promenade Gardens has also been recognized with a Silver Award in the strong pool of the world’s best office buildings. As a property developer we continue to strive for premium development projects that live up to the professional expectations of FIABCI Prix d’Excellence Awards and stand a chance at being successful among the international competitors.”