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TriGranit receives two CNBC Europe Property Awards 2008

30 September, 2008.

September 30, 2008 Budapest Representatives of TriGranit Development Corporation accepted the Best Development in Hungary and Poland Awards at the Gala Ceremony of CNBC Europe & Africa Property Awards 2008 held on Saturday in London. Receiving the international recognition, the Duna-Pest Residences in Budapest and the Oak Terraces in Katowice are proud to be successful developments of TriGranit.

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” – explained Imre Gazdag, senior engineer, TriGranit.

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” – said Rafa
ł Paszkiewicz project manager of Oak Terraces.

“The fact that TriGranit Development Company earned these highly acclaimed awards is proof that our high-quality developments in Hungary and Poland can not only compete but triumph within the highly competitive European property arena” - commented the award Sándor Demján, TriGranit chairman.

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.

Further information:

Ernő Koncz , corporate communications director

Phone: +36 1 374 65 33

E-mail: ekoncz@trigranit.com

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