Quick Request

Request an offer from the selected offices. Click on the icon to add more offices.

Selected Offices:
No offices selected.
Add to plan »
(m2) (m2)

Officebuilding Filter

Rent (€/m2/month)

-

Office Space (m2)

-

Workstation cost (db)

-

Number of workstations

Articles - Horizon Development

Park Atrium office building managed by Horizon Development

5/30/19

Horizon Development Ltd. is taking over the property management, redevelopment, leasing and marketing tasks of Park Atrium office building as of 1 June 2019.

New Business Development Director at Horizon Development

5/9/19

Horizon Development, the premium Hungarian real estate developer, announced the appointment of Tamás Ádány – former CEO of OTP Real Estate Plc. – to the newly created position of business development director.

New Associate Partner Appointed at Horizon Development

5/3/19

The Horizon Development Board is now complete with new associate partner Gabriella Sasvári, who will also continue in her current position as development director.

Szervita Square Building. Pre-leased by SPACES, Financed by UniCredit Bank Hungary

1/25/19

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.

Electrolux finds competitive advantage in Promenade Gardens

9/4/18

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.

ERSTE Real Estate Fund Acquires Promenade Gardens

8/3/18

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 sustainable asset of 25.000 sqm has already been chosen by a prestigious line of international tenants such as Celanese and Citibank, with more signed deals to be revealed soon.

Celanese and Citibank choose Promenade Gardens office building owned by Erste Real Estate Fund

6/4/18

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 Europe, as the Hungarian Branch Office of the global bank is setting up its new 8,000 sqm Budapest office from 1 December in the A+ category property owned by Erste Open-Ended Real Estate Fund and developed by Horizon Development.

Exceptional yields confirm Eiffel Palace’s market value

8/8/17

Heritage protected Eiffel Palace – originally constructed in 1893 – was sold twice within the last three years, both times at the best yield in the Hungarian property market. The National Bank of Hungary (MNB) purchased the building directly from the developer (Horizon Development) three years ago in August 2014 at a price of €45.3M, with an approximate yield of 6.5%, and resold it in August 2017 to Luxembourg-based Corpus Sireo Real Estate investment fund for €53.8M, at a yield around 5%, generating an almost 20% profit on the deal.

Contact Us

Do You Have Any Questions?

phone-icon

Harkácsi István

+36 30 644 7655


Validation

Cookie settings icon

Your choice regarding cookies on this site

We use cookies to optimise site functionality and give you the best possible experience.

This site uses cookies to store information on your computer.

Some of these cookies are essential, while others help us to improve your experience by providing insights into how the site is being used.

Necessary Cookies

Necessary cookies enable core functionality such as page navigation and access to secure areas. The website cannot function properly without these cookies, and can only be disabled by changing your browser preferences.

Analytics

Analytical cookies help us to improve our website by collecting and reporting information on its usage.

Marketing

We use marketing cookies to help us improve the relevancy of advertising campaigns you receive.

Social Sharing Cookies

We use some social sharing plugins, to allow you to share certain pages of our website on social media.