TriGranit was acknowledged with the prestigious World Finance Real Estate Award in London for the third consecutive year

October 17, 2016 10:36 am

 The prestigious World Finance Magazine has awarded TriGranit, one of the leading real estate platforms in Central Europe, with the Outstanding Contribution 2016 Europe Award acknowledging the company’s excellent achievements in 2016. The Award founded in 2011, honours the industry players driving their industry forward and create quality and added value for society both on economic and social level.  2016 is the company’s most successful year including the ever largest office transaction in Hungary, the largest single asset retail transaction of the 2016 Polish market and launching several office developments. The award winning TriGranit plans the delivery of around 70,000 sqm office and approx. 70,000 sqm retail space in the near future in CE region.

wf_logoThe World Finance Real Estate Awards have been running since 2011 and recognise the top developers regionally on a yearly basis. The Outstanding Contribution Award appreciates services and performance ‘above and beyond’ the norm, through effort and/or impact.  The judging panel, comprised by a group of prestigious researchers and readers, selected the winning candidates for 2016 by a wide cross-section of performance indicators. The most important of these were the quality at completion, the ongoing services and developments, design and concept, financing, innovation and forward thinking, as well as sustainable practices and green awareness.

I am honoured and happy that we were recognized by the prestigious World Finance Real Estate Award already third time. TriGranit is having its most successful year in its two decades of operation. We successfully completed the selling of Bonarka City Center with the total area of 92,300 sqm, which was the largest single asset transaction in 2016 in Poland. Just weeks after closing the Bonarka deal, we had a similar market-defining transaction in Hungary, by selling the Millennium Towers, a 70,400 m2 Class A office complex, for EUR 175 million. This transaction is the largest ever office deal on the Hungarian market, by both value and gross leasable area. Winning this award proves, that the industry acknowledges our efforts and long-term commitments to excellence” – said Árpád Török, CEO of TriGranit.

The company will continue to strengthen its business through acquisitions, developments and management of office and retail projects in key strategic locations in Central Europe. TriGranit is working on a new office development project in Hungary, the Millennium Gardens office development, which will be located on a site by the bank of the Danube. Future development on the site will provide over 35,000 sqm of office space and over 600 parking spaces for future tenants. In Poland, TriGranit is proceeding with the development of the next phase of buildings in the B4B Class-A office complex in Krakow. Building F, the sixth building in the office complex in Krakow was launched this September and Building G will be ready at the beginning of 2017.The development of next phase, Building H will soon begin. The company plans overall retail developments of around 70,000 sqm GLA in the region in the near future and is in advanced stage of some possible acquisitions.