Winners were announced on 16th May in Andorra la Vella at the 68th World Congress of FIABCI, The International Real Estate Federation. The world’s best real estate development projects were awarded in 13 categories at the celebratory event held in the ballroom of Andorra Park Hotel, attracting hundreds of guests. The prestigious award of the Paris-based international organization is considered the Oscars of the property industry.
Reflecting on the recognition of the UNESCO World Heritage Listed Váci 1 building – redeveloped from private equity – Attila Kovács managing partner emphasized: „it is a tremendous honour for our company to have both our value preservation and commercial value creation potential recognized at such high level by the professional jury consisting of 63 experts from 32 countries. We are extremely pleased that our project is the first Hungarian development ever to receive awards in multiple categories, having competed against an international pool of high calibre projects.”