January 19, 2018

Winners celebrate at the inaugural Hungarian & Balkans Real Estate Awards

Winners celebrate at the inaugural Hungarian & Balkans Real Estate Awards

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.

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.

Full List of Winners

Retailer of the Year

Professional Service Provider
First Title Insurance

Architectural Firm
Fazakas Architects LLC

Law Firm
Lakatos Koves & Partners

Property Management Firm


Residential Developer
Biggeorge Property

Warehouse Developer

Retail Developer

Office Developer

Europa Capital

Investment Deal
Eiffel Palace - DEREIF SICAV-FIS (DEVK Insurance Group) - Hungary

Residential Project
Boroka Park - Immochan - Hungary

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

Retail Project
Aupark Shopping Centre - HB Reavis - Czech Republic

Office Project
Váci 1 - Horizon Development - Hungary

Future Project
Szervita Square Building - Horizon Development - Hungary

Company of the Year
Horizon Development

Woman of the Year
Ildikó Rézműves - Horizon Development

Professional of the Year
Stevan Lojovic - Bluehouse Capital

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