PHOTO GALLERY: Hungarian once again among the best in the world real estate developments

Hungarian real estate developments won five silver medals in this year’s FIABCI World Prix d’Excellence, sponsored by the Wall Street Journal.

The International Real Estate Association, which operates in more than 60 countries, was founded in 1951. The International Real Estate Development Excellence Awards are held annually to select and recognise the most successful real estate developments.

The main criteria for the evaluation are the concept and outcome of the property development, the architectural and urban design quality, the quality of the construction and the duration of the implementation. Hungary has won 32 first and 41 second prizes over the last 25 years.

Heritage conservation and community facilities

The Hungarian National Bank Supervisory Centre and Money Museum won the second prize in the Heritage Protection category. The building is controlled by an intelligent monitoring system to minimise energy consumption. The roof is also equipped with a small solar power plant, which reduces the building’s electrical energy needs.

The HUNGEXPO Congress and Exhibition Centre also won second prize in the Community Facilities category. In addition to the expansion and renovation of the facilities, the entire environment was renewed. 21st century auditorium technology, a multifunctional hall, LED walls, steel and glass elements are all part of the new complex.

Office building and low-rise residential building

The Arena Business Campus, an environmentally conscious, ergonomic megaproject, also won second prize. The 72,000-square-metre, four-building concept includes a large internal garden and pedestrian plaza. The excellent accessibility of a sustainable and pleasant workplace will also benefit future generations.

Flacto Apartment House in the 9th district of Budapest consists of 8- and 10-storey units. On the ground floor, there is a 300-square-metre community area, a spacious interior, 24-hour reception, bicycle storage, an electric car charging centre, a gym, billiards and a games room.

Community infrastructure at Lake Tisza

The Poroszló-Tiszafüred cycle path was built separately from road traffic. Thanks to the development, the whole lake can now be safely cycled around. The design of the bridges is based on a continuous wave geometry that resembles the lake.