“The company, striving to create iconic buildings that provide long-term added value and promote sustainability and social responsibility, has played a key role in shaping today’s modern real estate market over the past quarter of a century,” Wing says.
“Since 1999, Wing has made investments worth nearly HUF 750 billion in Hungary and, through its development projects, made a significant contribution to shaping the skyline of Budapest. As a result of its international expansion, it is now also a major player in Germany and Poland,” the developer adds.
Over the past quarter-century, the company has launched office, industrial, logistics, retail, hotel and residential development schemes. It boasts projects such as the Telekom Campus (the headquarters of Magyar Telekom and Deutsche Telekom IT Solutions) and the headquarters of Ericsson and Siemens-Evosoft on the bank of the Danube.
Other projects include the Wizz Air Training Center; the ibis Styles Budapest and Tribe Budapest hotels at Budapest Ferenc Liszt International Airport, the GoBuda Mall and the Hegyvidék Shopping Mall; and its Living brand residential parks, including the Breeam-certified Le Jardin and its latest offering, Római Park.
Under the Wing Industrial umbrella brand, it has developed and operates significant industrial and logistics business parks such as East Gate and Airport City Business Park.
Recent projects include the mixed-use Liberty office and hotel project, which hosts the first co-branded hotel in Hungary, the Liget Center, now home to RTL Hungary’s HQ, the Vitrum boutique office building and the HOP Technology Office Park.
Over its 25-year history, Wing says it has constructed 52 buildings in Hungary totaling 1.35 million sqm: an average of more than two new properties delivered each year.
It now also has a strong presence on the international stage. Wing is the majority owner of Poland’s largest real estate developer, Echo Investment, and the leading German residential and commercial property developer, Bauwert. The group has developed a total of 5.5 million sqm of real estate across the three countries.
This article was first published in the Budapest Business Journal print issue of December 13, 2024.
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