Listen to the audio version of this article (generated by AI).
Listen to the audio version of this article (generated by AI).
The move follows the launch of the group’s real estate arm in 2023. A newly established group company, Realis Development International, will handle transactions and development activities associated with the expansion into foreign markets.
The group said Hornok brings extensive international real estate experience to the business.
Realis WAM, the group’s real estate investment arm, is active in residential, office and lifestyle hotel projects. Its portfolio includes modern buildings in central locations as well as heritage developments.
Development management for the fund is handled by Realis Development, the group’s existing development management company.
Alongside its international expansion, Realis Group plans to add further projects to its Hungarian portfolio, citing phased growth and strengthening investor confidence.
Producing journalism that is worthy of the name is a costly business. For over 30 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.
