Winners celebrate at the inaugural Hungarian & Balkans Real Estate Awards
10 May

uropaProperty has successfully completed its 1st annual Hungarian & Balkans Real Estate Awards at the Marriott Budapest Hotel in Budapest

EuropaProperty has successfully completed its 1st annual Hungarian & Balkans Real Estate Awards at the Marriott Budapest Hotel in Budapest. The awards gala was a great success and was well received by all winners and their guests.

The quality and number of nominations for this inaugural event suggested an underlying, and growing confidence in the region’s property markets.

Major winners included developer Horizon Development, which won multiple awards including Overall Company of the Year and Woman of the Year for Ildikó Rézműves. The developer also scooped up a couple of project prizes including Office Project of the Year for their recently opened office project Váci 1, and Future Project for their unique and prestigious mixed-use development Szervita Square Building.

Other project winners included the developer Immochan, winning for their first foray into the residential sector with Boroka Park in Hungary. Retail Project of the Year went to HB Reavis for their Aupark Shopping Centre in the Czech Republic and WING won Warehouse Project of the Year for East Gate Business Park, Warehouse B2.1 in Hungary.

Project of the Year award winners were rated according to quality of design, building efficiency, quality of location, environmental concerns and commercial success.

This year’s Overall Professional of the Year went to Stefan Lojovic from Bluehouse Capital. The Investment Deal of the Year Award went to DEREIF SICAV-FIS (DEVK Insurance Group) for its acquisition of the Eiffel Palace project in Hungary. Meanwhile, Europa Capital picked up the award for Investor of the Year, largely for its successful exit and de-investment from Hungary.

Major winners for the company awards included CBRE, which collected two awards, one for Agency of the Year and another for Property Management Firm of the Year. TriGranit walked away with the Retail Developer of the Year award and GTC was deemed the best Office Developer.

Other company winners included First Title Insurance as Professional Service Provider of the Year, CTP as Warehouse Developer of the Year, Biggeorge Property picked up Residential Developer of the Year, Fazakas Architects LLC received Architectural Firm of the Year and Law Firm of the Year went to Lakatos Koves & Partners.

Company of the Year awards were presented to the leading companies in the region for their activities and accomplishments during 2017. Companies were judged on their overall market contribution, quality of customer services, market innovation, commercial success, leadership and market penetration.

Accentuating the interest in the region’s retail sector, a few key retailers were shortlisted. The eventual winner of the Retailer of the Year award went to F&B retailer Vapiano. The Retailer of the Year award was given to the most active retailer throughout the region based on their market innovation, expansion, contribution to the market, market share, concept and design, and commercial success.

The awards were judged by an independent elite panel of industry professionals from some of the leading commercial real estate companies in the region. The jury selected the winners of the awards from the shortlisted companies. In order to ensure maximum objectivity and transparency of the final results, the judging procedure is overseen by EY - one of the world's leading professional services organizations.

On behalf of our sponsors, judges and attendees, we offer our congratulations to all the winners. Foundations are already in place for next year’s event, which promises to be even bigger.

Hungarian & Balkans Awards Winners


Retailer of the Year

Vapiano – Winner

Vapiano is the only public European fast-casual chain who positions itself as a local experience, with majorly local products and local chefs. Although active worldwide, Vapiano preserves its uniformity while reaching globally. In no other establishment can guests live an experience as in a Vapiano restaurant: the front cooking is merged with a typical atmosphere and décor that transfer the Vapiano vibe upon entry.


Burger King


Pizza Hut



Professional Service Provider


First Title Insurance – Winner

First Title Insurance plc provides innovative insurance  solutions that minimise legal risk and add security to real   estate transactions throughout Europe. Our bespoke   insurance policies provide cover for both known and   unknown legal ownership and mortgage security defects.




Property Systems Hungary


Architectural Firm 

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Fazakas Architects LLC – Winner

Fazakas Architects is a well-known general architectural and design company which pursuits its architectural design activity mainly in Hungary but it has also significant international practice. The company established by Mr. György Fazakas.

Foldes Architects




Law Firm

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Bojovic & Partners

Lakatos Koves & Partners – Winner

Lakatos Köves & Partners (LKT) is a 9 partner, 40 lawyer leading independent full service commercial law firm based in Budapest, with a predominantly international client base, offering cutting-edge know-how and matching innovative legal solutions to business needs. The firm has an extensive referral network of leading international law firms.



Property Management Firm

Adventis Real Estate Management

CBRE – Winner

CBRE Asset Services operates and provides complete services of professional property management. CBRE benefits are the long-term experience, local knowledge and international know-how. Through its excellent property management service CBRE has received prestigious awards. The size of the managed portfolio and the experience of CBRE employees provide our clients with unbeatable benefits.


Klepierre Management



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Adventis Real Estate Management

108 Agency

CBRE – Winner

CBRE focuses on providing superior services in the commercial real estate markets throughout Hungary. CBRE has been active in Hungary since 1994. The Hungarian office has more than 80 highly qualified professionals, offering a full a range of integrated real estate services.




Residential Developer


Biggeorge Property – Winner

Biggeorge's activities include commercial (offices, hotels, retail, industrial/logistics) and residential property development. In the course of the past years the company has gained significant experience in the field of plot development and implementing special developments of an infrastructure nature, too.

Eagle Hills


Horizon Development




Warehouse Developer

CTP – Winner

CTP is the owner of the CTPark Network, the largest integrated system of premium business parks in Central Europe, with over 4.1 million sqm of A-Class properties in over 80 strategic locations.





Retail Developer

Eagle Hills



Klepierre Management


TriGranit – Winner

TriGranit, which is owned by TPG Real Estate, is one of the largest, fully integrated real estate platforms in Central Europe, focusing primarily on quality retail and Class ‘A’ office buildings in strategic urban locations. TriGranit conducts a full spectrum of real estate activities, including acquisition, development, and construction, as well as property and asset management. In its two decades of operation, TriGranit has developed nearly 50 landmark projects creating 2 million sqm of GLA in seven CEE countries.


Office Developer


Campus Redevelopment Office

GTC – Winner

GTC now owns and actively manages a commercial real estate portfolio of 35 commercial buildings providing nearly 550,000 sqm of lettable office and retail space in Poland, Budapest, Bucharest, Belgrade and Zagreb. In addition, GTC has a development pipeline of 400,000 sqm retail and office properties in capital cities of Eastern Europe, thereof 154,000 sqm under construction. The projects are constructed according to the LEED Gold certificate and meet the highest standards of design and construction.

Horizon Development







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CBRE Global Investors


Europa Capital – Winner

Europa Capital is a real estate fund manager focused on European markets. We add value utilising a variety of strategies implemented through active asset management, change of use or refurbishment and development in all property classes across Europe.



Investment Deal

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Eiffel Palace - DEREIF SICAV-FIS - Hungary – Winner

The Central Bank of Hungary sold the unique Eiffel Palace office building under a public and transparent market transaction. The highest offer was made by DEREIF Immobilien 1 S.á.r.l investment fund established by CORPUS SIREO Real Estate. The German investment and asset manager is part of Swiss Life Asset Managers, a Swiss-based insurance group managing real estate investments in several European countries in the amount of currently 67.4 billion euros.

Five - TRIUVA - Czech Republic

Kalvin Portfolio - KGAL - Hungary

Mixed-used Portfolio - CPI Property Group - Regional

Nordic Light - Erste Alapkezelő Zrt - Hungary

Prologis Park Ostrava - CBRE Global Investors - Czech Republic

Tesco Letnany Prague - CBRE Global Investors - Czech Republic

Warimpex Hotel portfolio - U City - Regional


Project Awards


Residential Project

Boroka Park - Immochan - Hungary – Winner

Is a new strategy for Immochan to create a new residential district in Budapest. Immochan offers the best foreign experience and know-how (France, Roumania, Luxembourg). Boroka is a unique market opportunity: increasing demand for new flats.

Cordia Park Residence - Cordia - Hungary

Emerald Residence - Biggeogre Property - Hungary



Warehouse Project

CTPark Tatabánya TBN1 - CTP - Hungary

East Gate Business Park, Warehouse B2.1 - WING - Hungary – Winner

East Gate Business Park is the most popular business park of the North-Budapest catchment area. The park is located only 15 minutes away from Budapest’s city centre at the intersection of the M0 ring road and M3 motorway, is one of the largest business parks in the country. So far, a total of 103,000 sqm of industrial space has been constructed on the 36-hectare site.

Inpark Paty - NIPUF - Hungary


Retail Project

Aupark Shopping Centre - HB Reavis - Czech Republic – Winner

The very first Aupark ever built by HB Reavis outside Slovakia was successfully opened, being also the unique shopping center inaugurated in the Czech Republic last year. The popular scheme provides 22,000 sq m of leasable retail space and brings 120 stores, new international brands, a large food court and various service and entertainment units to the country’s third largest agglomeration.

Corvin Plaza - Klepierre Management - Hungary

Duna Plaza refurbishment - Klepierre Management - Hungary

Eperia - J&T Real Estate - Slovakia

Shoppi Retail Parks - MPC Properties - Serbia


Office Project

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Promenade - Horizon Development - Hungary

Váci 1 - Horizon Development - Hungary – Winner

Váci 1 is an exclusive mixed-use commercial building in downtown Budapest, offering a truly unique shopping and work experience on 13,750 sqm in an ideal city center setting from May 2016. The UNESCO World Heritage listed building – constructed between 1911 and 1915 – was the historic headquarters of the first bank in Hungary, and later home to the Budapest Stock Exchange, from 1990 until 2005. It combines turn of the century interiors with modern spaces.

Váci Greens Building D - Atenor - Hungary

Campus Redevelopment (Phase 1) - Campus Redevelopment Office - Hungary

V17 - WING - Hungary

Navigator Business Center (Phase I) - MPC Properties - Serbia

Nokia Skypark - Futureal - Hungary


Future Project

Belgrade Waterfront - Eagle Hills - Serbia

Etele Plaza - Futureal - Hungary

Millennium Gardens - TriGranit - Hungary

Szervita Square Building - Horizon Development - Hungary – Winner

Demolition of the former, 1970s parking garage and office building is due to be completed in November 2017, giving place to Horizon Development’s multifunctional premium downtown development, Szervita Square Building, to be handed over in 2020. The 14,900 sqm property – aspiring for LEED Platinum certification – will offer top quality retail- and office spaces, as well as luxury residential units in the heart of Budapest.

White House - GTC - Hungary


Overall Awards


Company of the Year

Horizon Development – Winner

Horizon Development offers world-class, integrated professional real estate services (from development, development management and property management to leasing and marketing) since its establishment in 2006. With over 500,000 sqm of premium quality property developed (office buildings, shopping and logistic centers, industrial parks, showrooms, sports complexes, luxury residences), the company is a key player in the Central- and Eastern European development and investment sector.




Woman of the Year

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Katarzyna Pyś-Fabiańczyk - BNP Pairibas

Dorota Wysokińska-Kuzdra - Griffin Real Estate

Beata Latoszek - Deutsche-Hypo

Drahomira Englisova - CBRE

Monika Alicka - Plaza Centers

Ildikó Rézműves - Horizon Development – Winner

During her first 4 years in the position of Marketing & PR Director at Horizon Development she significantly contributed to the general visibility (online, offline, social media), media presence (local and global) and international brand recognition of the 100% Hungarian-owned property developer company (websites, movies, awards, events, expos), as well as its measurable financial success on the corporate and project-levels (leasing and divestment support).

Joanna Sinkiewicz - Cushman & Wakefield

Agnieszka Florczuk - Property View

Emese Horváth - Infogroup Management


Professional of the Year

Atilla Kovacs - Horizon Development

Bosko Tomasevic - JLL

Philippe Beurtheret - Immochan

Thomas Villadsen - MPC

Pal Barros - Campus

Robert Snincak - CBRE Global Investors

Tim Sullivan - CBRE

Noah M. Steinberg - WING

Arpad Torok - TriGranit

Stevan Lojovic - Bluehouse Capital – Winner

Stevan Lojovic is an engineer and real estate professional with more than 15 years of senior management experience in real estate and construction industry. He joined Bluehouse in February 2008 and currently is focused on Hungarian, Serbian and Croatian markets in investment and development segment of a real estate industry.

Ervin Pasanovic - Adventis Real Estate Management



Contact Information

Craig Smith

Phone number: +48 604 144 769

Zlatina Mikołajczyk

Phone number: +48 509 267 665