ARTICLES LABELLED WITH TAG Horizon

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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News Promenade Gardens welcomes its anchor tenant
16
Nov
2016

Promenade Gardens welcomes its anchor tenant

by Ákos Budai
Celanese Hungary Ltd. is setting up its new 4,200 sqm headquarters in Promenade Gardens as of April 2018. The decision was made prior to the foundation stone being laid for the new office building on inner Váci út. The regional financial and logistics business service center of the international company found its new home on the 1st and 2nd floors of the modern, 4-tower building (in cores B, C and D).
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Latest news


New leases

  • Kraków's Nowe Czyżyny centre will be home to a new brand from the sports segment. The Newbridge leasing department has signed a lease agreement with 4F. In recent weeks, Monnari, Triumph and W.Kruk have also debuted in the facility, while Empik is preparing to open a store.
  • ROCKWOOL is expanding its office space in the Nowy Rynek D building, developed by Skanska in Poznań. In 2020, a competence centre was established on an area of 6,000 sqm. Now, the company has decided to lease additional 900 sqm.
  • Primark has opened the doors of its fourth shop in Poland for the first time in Katowice's Silesia City Center. The store occupies more than 3,600 sqm of retail space.

New appointments

  • Tezenis brand has joined the tenants of Galeria Warmińska. This is the first showroom of this Italian brand in Olsztyn in Poland. The new boutique occupies an area of approximately 190 sqm.
  • Anna Trębicka will be responsible for the integration of all CBRE business lines in the Łódź region in Poland, as well as the development and proper functioning of the Łódź branch.
  • 108 Agency announced the appointment of Petr Jílek as the new Head of Property Management for the Czech Republic.


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