News & Press Releases

TriGranit Wins CNBC Europe Property Awards 2008

11 July, 2008.

July 11, 2008  Budapest    The results of the CNBC Europe & Africa Property Awards 2008 have just been revealed; TriGranit Development Corporation is delighted to announce that it has won the trophy in the category of Best Development in Hungary and Poland, for the Duna-Pest Residences in Budapest and the Oak Terraces in Katowice, respectively. The awards will be presented at a gala event in London on 27th September.

In Hungary, the Duna-Pest Residences are part of TriGranit’s Millennium City Center development in Budapest and include more than 300 luxury apartments ranging in size from 30 to 240 m2. Due to their ideal location on the east bank of the Danube, these exceptional condominiums enjoy a complete panoramic view of Buda, including Gellért Hill, the Buda Castle and the Buda Hills.
In Poland, the Oak Terraces development in Katowice features a cascading design that combines high-rise residences with smaller, villa-style buildings.  This allows for spacious terraces and balconies and softens the high density to create an attractive and innovative design. The villa-style buildings allow for market differentiation by attracting exclusive customers desiring more space and privacy. The proximity to public transit, recreational parks, public amenities and TriGranit’s retail center makes it an ideal location for a mid-level residential development.
Sándor Demján, TriGranit chairman, commented: “The fact that TriGranit Development Company earned these coveted awards is proof that our high-quality developments in Hungary and Poland can compete and, moreover, triumph within the highly competitive Europe & Africa property arena”.

Entries were judged by an independent panel of professionals whose collective knowledge of the property industry is unsurpassed by any other property awards. Chaired by Eric Pickles, British Shadow Secretary of State, this year’s judges included Helen Shield, editor-in-chief of International Homes magazine; Peter Bolton King, chief executive of the National Association of Estate Agents; Phil Spencer, property expert and presenter of Channel 4’s Location and Relocation TV shows; Imtiaz Farookhi, chief executive of the National House Building Council; Christopher Hall, past president National Association of Estate Agents; Thijis Staff, International Consortium of Real Estate Agents Association (ICREA); Alejandro Escurdero, SIMA; Kirkor Ajderhanyan, French Real Estate Federation (FNAIM); Graham Norwood of the Daily Mail; David Hoppit, property writer; Jill Keene, editor of International Homes magazine; Diana Yakely, chairman British Interior Design Association; and Tad Zurlinden, Association of Relocation Professionals.

TriGranit is a fully integrated real estate investment, development and management company. With operations in 11 countries in Central and Eastern Europe, a large portfolio of completed trophy assets, and a pipeline of over EUR 8.5 billion of major mixed-use developments, as well as a number of public private partnership (PPP) investments, TriGranit is well positioned to participate in the expanding real estate markets.

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