ARTICLES LABELLED WITH TAG Horizon

News All new Czech Horizon projects to be BREEAM certified
20
Jun
2023

All new Czech Horizon projects to be BREEAM certified

by Property Forum
The Horizon development group has announced a commitment to build all new projects in accordance with internationally recognized BREEAM accreditation criteria for sustainable development. In 2024, projects to be submitted for BREEAM accreditation will include the Blízká project in Prague’s Karlín district, the third phase of Čámovka in Čimice, Arboret in Záběhlice, and both phases of the Aura Statenice project. 
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News Union Investment buys Budapest office building from Horizon Development
22
Dec
2021

Union Investment buys Budapest office building from Horizon Development

by Property Forum
The commercial part of Horizon Development’s mixed-use property in downtown Budapest, 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.
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News Horizon acquires 24 hectares plot near Prague
29
Mar
2021

Horizon acquires 24 hectares plot near Prague

by Property Forum
Czech development group Horizon has announced the successful completion of the acquisition of 240,000 square metres of land from the Manghi Group in the village of Statenice in the district of Prague-West. The Aura - Bydlení Statenice residential project will be built on the newly-acquired plot, eventually offering over 500 units in the form of family houses and flats, while helping to strengthen local civic amenities. The start of development, as well as the sale of semi-detached houses and villas from the first phase of the project, is planned for this autumn.
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News Czech developer Horizon closes record year
16
Mar
2021

Czech developer Horizon closes record year

by Property Forum
Czech development group Horizon has a record year behind it, despite the uncertainty and difficult conditions caused by the COVID-19 pandemic. In 2020, the company's total revenue from the sale of 337 units in five different projects reached €100 million (CZK 2.7 billion). Horizon plans to build around a thousand more units this year and will put another 550 apartments on sale.
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News Budapest office building to get new makeover
08
Mar
2021

Budapest office building to get new makeover

by Property Forum
The Park Atrium office building in Budapest will be given a new look. As part of the reconstruction, the functions of the public spaces will be optimized according to new land-use principles and fresh design ideas, the ground floor lobby, the reception space, the conference centre and the community garden will be renewed. A new café overlooking the City Park will also be opened. The works will be completed this spring.
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News Horizon completes sales process of Prague project
23
Feb
2021

Horizon completes sales process of Prague project

by Property Forum
Czech-based development group Horizon has announced that the sale of the second stage of Rezidence Čámovka is now complete. Despite much of the sales period being accompanied by pandemic-related uncertainty, all 148 flats in Prague's Čimice have already been secured by new owners. Commissioning for the five buildings in which they are located is scheduled for October this year.
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News Hungarian entrepreneur Attila Kovács has passed away
11
Feb
2021

Hungarian entrepreneur Attila Kovács has passed away

by Property Forum
Attila Kovács, who founded DVM Group in 1995 and Horizon Development in 2006, passed away in February 2021, the two companies announced.
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News UniCredit finances Horizon Development’s Budapest project
31
Jan
2019

UniCredit finances Horizon Development’s Budapest project

by Property Forum
Hungary’s Horizon Development has been granted a development loan by UniCredit for its ongoing Szervita Square mixed-use development in the centre of Budapest. At the same time, the developer has pre-leased all four office floors (8,500 sqm) of the project to coworking space provider Spaces.
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News Erste Real Estate Fund acquires Budapest office building
07
Aug
2018

Erste Real Estate Fund acquires Budapest office building

by Property Forum
Promenade Gardens, a recently completed office building on Budapest’s 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, dual certified (LEED Gold and BREEAM Very Good) asset of 25,000 sqm has already been chosen by a number of international tenants such as Celanese and Citibank, with more signed deals to be revealed soon.
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News GLL acquires Váci 1 in Budapest
21
Nov
2016

GLL acquires Váci 1 in Budapest

by Ákos Budai
GLL acquired the multi-purpose heritage building that combines retail-, office- and service functions on 13,750 sqm at Vörösmarty Square in downtown Budapest. The seller of the recently completed UNESCO World Heritage listed premium asset is Hungarian developer Horizon Development.  The property has been added to the portfolio of Bayerische Versorgungskammer and will be managed by Munich-based real estate fund manager group GLL Real Estate Partners.
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Latest news


New leases

  • A Bricomarché shop has opened in the Karuzela shopping complex in Biała Podlaska (Poland). This is the chain's first outlet in the city. The store occupies an area of over 3,000 sqm, the outdoor garden a total of 1,500 sqm, and a special building shed another 600 sqm.
  • A shop of the international brand Jysk has opened in Galeria Północna in Warsaw. The store will occupy an area of 1,500 sqm. This is the chain's three hundredth outlet in Poland.
  • A Change Lingerie women's lingerie store has opened in Gemini Park Tarnów (Poland). The premises occupied by the brand is 100 sqm in size.

New appointments

  • At the beginning of April 2024, Barbara Tomaszewska took over as Director of the first Aiden by Best Western in Łódź, Poland. She was previously Deputy Director at Golden Tulip Gdańsk Residence.
  • Oriol Casellas Deig has been appointed CFO of Redport Capital. He also joined the Board of Directors of the Romanian development company. Deig has over 20 years’ worth of experience in real estate.
  • InPost has appointed Javier van Engelen as Group CFO. He is an experienced manager, an expert in finance, who has held CFO positions in a number of international companies.

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