Articles by #hashtag

Horizon Development

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The Park Atrium office building in Budapest

New Tenant Moves into Park Atrium Office Building

Jul 6, 2022

Leading full-service global clinical research organization PSI CRO will set up its new office on the 5th floor of Park Atrium Office Building from January 2023, a statement by Horizon Development says. The privately owned company that supports clinical trials of various pharmaceutical companies across multiple therapeutic areas and continents signed a long-term lease contract […]

Union Investment Purchases Szervita Square Building

Dec 22, 2021

The commercial part of Horizon Development’s LEED Platinum certified premium mixed-use Budapest downtown property; Szervita Square Building was purchased by Union Investment for one of its institutional real estate funds. The parties agreed not to disclose details of the purchase price. Ádám Irányi, Head of Investment Management Office, Europe, reflected on the benchmark deal by […]

Szervita Square Building Receives More Recognition

Dec 9, 2021

Last week marked two major milestones for Horizon Development’s Szervita Square Building. The premium project was acknowledged as the Best Mixed-Use Development in Hungary at the International Property Awards, and its LEED Platinum certification process also concluded successfully. According to a press release by Horizon Development, competing in a great pool of excellent mixed-use projects […]

First Laborpont Opens in Szervita Square Building

Aug 10, 2021

The Szervita Square Building in downtown Budapest will house the first Laborpont medical outpatient care and laboratory diagnostics center from October 2021 on the premium property’s ground floor area. A statement by Horizon Development say that the healthcare provider will offer 1,000 different types of pain-free, non-prescription blood tests to the general public (adults and […]

The Park Atrium office building in Budapest

Park Atrium Undergoing Rejuvenation

Mar 7, 2021

The Park Atrium office building, overlooking Budapest's City Park, welcomes 2021 with a new identity, rearranged and optimized functionalities, and fresh interior design ideas for its ground floor lobby, main reception, conference center and community garden. A press release by the Landlord – a property fund based in Luxemburg and managed by REInvest Asset Management […]

Renowned Hungarian Real Estate Developer Passes Away

Feb 12, 2021

Attila Kovács, founding owner and managing partner of DVM Group and Horizon Development real estate firms, has passed away at the age of 51. Attila Kovács graduated from the Faculty of Architecture of the Budapest University of Technology in 1994, followed by an internship in international architecture and project management in the United States, Sweden, […]

Promenade Gardens Wins Prix d’Excellence Award

Jul 30, 2020

Horizon Development’s Promenade Gardens office building was acknowledged with a World Silver Award at the FIABCI (the International Real Estate Federation) Prix d’Excellence Awards 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 five Silver and […]

Daikin Hungary Opens New Showroom

Jun 29, 2020

Daikin Hungary, a subsidiary of the Japanese multinational air conditioning manufacturing company Daikin Industries, set up its state-of-the-art showroom in the Promenade Gardens office building in Budapest. The A+ category commercial property on Váci Road owned by Erste Open-Ended Real Estate Investment Fund was developed and leased by premium Hungarian property developer Horizon Development. The […]

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