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.
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
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.
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.
Adventis Real Estate Management
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.
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.
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.
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.
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.
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.
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
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
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
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
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
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
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
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