Wing developments advance in European Property Awards


Three of Wing始s Hungarian developments - the Ericsson House, ibis Styles Budapest Airport Hotel, and Kass谩k Residence - were honored in the first round of the European Property Awards, according to a press release sent to the Budapest Business Journal.

Ericsson House

With a five-star rating, the Ericsson House was named "Best Office Development Hungary," meaning that the property will be vying with other European projects for regional recognition in the next round of the competition.

Two other Wing properties received accolades in London on October 25. The ibis Styles Budapest Airport Hotel was honored in the "New Hotel Construction & Design Hungary" category, while the Kass谩k Residence received acknowledgement in the "Residential Development Hungary" category.

"Ericsson始s new office building is one of the most modern buildings in the country, we始re proud to be its developers," said Wing CEO and Chairman Noah Steinberg. "We始re very glad that our development was recognized by the industry, hence the unique building now has the opportunity to compete on the European level."

Completed in the first stage of the Hungarian Nobel Prize Winners始 R&D Park, the 24,000 square-meter Ericsson House has LEED Gold certification, fulfilling rigorous environmental requirements.

Apart from offices, the Ericsson House also hosts one of the largest R&D centers of the Swedish company, one of Hungary始s most modern and largest server rooms, as well as the Ericsson Garage innovation workshop. The building is rented by Ericsson Hungary within the framework of a long-term agreement.

The European Property Awards have been acknowledging developments every year for a quarter of a century, currently in 45 different categories. The developments are evaluated by 80 experts in the industry, with criteria including project planning, quality, innovation, uniqueness, and commitment to sustainability.

The main, five-star awards are decided among projects triumphing in the national round of the competition, with the winners then competing with category winners in the world始s ten regions for the International Property Awards. The "World始s Best" awards will be distributed in London this December.


Number of Liquidations Increasing Rapidly Figures

Number of Liquidations Increasing Rapidly

Varga Meets With Chinese Business Leaders Int鈥檒 Relations

Varga Meets With Chinese Business Leaders

AutoWallis May Increase Planned Sales Due to Strong Performa... Automotive

AutoWallis May Increase Planned Sales Due to Strong Performa...

International Writers Amongst Visitors at PesText Festival Art

International Writers Amongst Visitors at PesText Festival


Producing journalism that is worthy of the name is a costly business. For 27 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.