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…
Year-end of 2018 brought two major developments for Szervita Square Building, a LEED Platinum certified, sustainable multi-purpose commercial and luxury residential property to be handed over in 2020 by Budapest-based Horizon Development. The owner of the property – SZ8 Real Estate Development…
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…
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…
Anchor tenant Celanese was the first to move into just completed Promenade Gardens office building last week, now occupying their new 4,200 sqm headquarters. They will soon be followed by Citibank, as the Hungarian Branch Office of the global bank is setting up its new 8,000 sqm Budapest office from…
