News

Eiffel Palace wins two FIABCI World Awards

Winners of the FIABCI Prix d’Excellence Awards were announced on 30 May in the One World Hotel Imperial Ballroom of Kuala Lumpur, Malaysia. Eiffel Palace office building won the Silver Medal in two categories in the global competition, and came out as the best heritage restoration and sustainable…


Fortune 500 Company and New Services in Eiffel Palace

The exclusive and sustainable Budapest downtown office building welcomes new tenants from both the office and retail sectors, further diversifying its high-quality tenant mix and increasing the range of its in-house services from Q4 2014. The Hungarian headquarters of an established Fortune 500…


Eiffel Palace: the Real Estate Success Story of the Year

The elegant and sustainable prestige office building in CBD Budapest proved to be the best in two categories at the Office of the Year 2014 Competition organized by iroda.hu. Horizon Development managing partners Attila Kovács and Balázs Czár were called on stage multiple times on 5 February at the…


Mastercard moves to Váci 1

The multiple award winning, restored heritage building is home to the Hungarian headquarters of Mastercard as of January 2017. The market leader global financial service provider created its new office on 470 sqm, on the 3rd floor of the premium downtown property.Mastercard’s office choice could not…


GLL Acquires Váci 1 from Horizon Development. Prime Budapest property in the account of Bayerische Versorgungskammer, managed by Munich-based real estate fund manager group GLL Real Estate Partners

GLL acquired the multipurpose heritage building that combines retail-, office- and service functions on 13,750 sqm at Vörösmarty Square, the most prominent downtown location of Budapest. The Seller of the recently completed UNESCO World Heritage listed premium asset is the Hungarian development…