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

  • MAGNOR, a holding company with 100% Romanian ownership, has opened a new location in Iulius Mall, Cluj-Napoca. The launch of the new retail space is part of the company's strategy to expand its network of stores in key urban centres across Romania.
  • CA Immo has signed two lease agreements totaling around 4,400 sqm in the iconic Danube House in Riverside Karlín, Prague. Allegro will occupy two floors of the building, while Intersnack, an existing tenant, is expanding its office space within Danube House.
  • M Hospital is inaugurating a new imaging centre at Bucharest-based AFI Cotroceni Mall. The company also operates a similar centre in Veranda Mall.

New appointments

  • At the beginning of September, Ewa Ciołek and Piotr Meleszko were promoted to Senior Leasing Manager. MLP Group, recognising the internal competencies and achievements of its team, emphasises the importance of further improving the efficiency of its leasing operations, which are key to the company's dynamic growth.
  • Avison Young's Investment Advisory team in Poland has welcomed a new member, Katarzyna Sielewicz, who takes the role of Senior Consultant. Katarzyna holds a master’s degree in Finance from the Stockholm University School of Business and completed an exchange semester at Cass Business School in London. She gained international real estate experience working with the global Research and Strategic Advisory team at Cushman & Wakefield (formerly DTZ) in London.
  • Activ Property Services has announced the appointment of Ionuț Grigoraș as Partner in the industrial department. With more than 14 years of experience in the real estate sector, Grigoraș has worked with leading companies such as CTP, WDP, VLParks România, Logicor, P3, MDO, and MLP Group.

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