News

New Business Development Director at Horizon Development

Horizon Development, the premium Hungarian real estate developer, announced the appointment of Tamás Ádány – former CEO of OTP Real Estate Plc. – to the newly created position of business development director. The new business development director graduated from the University of Economics…


New Associate Partner Appointed at Horizon Development

The Horizon Development Board is now complete with new associate partner Gabriella Sasvári, who will also continue in her current position as development director. The top management of the premium Hungarian property developer formerly consisted of the two owners and managing partners Attila Kovács…


Electrolux finds competitive advantage in Promenade Gardens

Market leading professional and household appliances company Electrolux set up its new 1,730 sqm Hungarian headquarters this month in Promenade Gardens, the most technically advanced office building recently completed on the Váci office corridor of Budapest. Offices, showrooms and presentation…


ERSTE Real Estate Fund Acquires Promenade Gardens

Promenade Gardens – the most technically advanced office building recently completed on the Váci corridor – changed owners on 1 August 2018, when ERSTE Real Estate Fund purchased the 97% leased property from the developer, Budapest-based Horizon Development. The new, sought-after, dual certified…