Hungarian Conservative

Hungary’s Real Estate Excellence in the Spotlight in Singapore after FIABCI Award Recognition

The MOL Campus in Budapest
Csaba Jászai/MTVA/MTI
At the award ceremony held in Singapore on 30 May, Hungarian real estate projects won three gold and one silver medal. The MOL Campus secured two first prizes, winning gold in both the office building and the environmental architecture categories.

Hungarian architecture and real estate development rank among the world’s best, with success evident both in the past and present, State Secretary for Architecture at the Ministry of Construction and Transport Regő Lánszki emphasized during a press conference in Budapest on Wednesday, where the achievements of Hungarian real estate developments were announced at the International Real Estate Development Awards (FIABCI World Prix d’Excellence 2024). Hungarian Conservative previously reported on the awards won.

At the award ceremony held in Singapore on 30 May, Hungarian real estate projects won three gold and one silver medal. The MOL Campus secured two first prizes, winning gold in both the office building and the environmental architecture categories. The Museum of Ethnography, realized within the Budapest Liget Project, was awarded the best public building in the public facilities category, while the House of Music Hungary received a silver medal in the same category. Lánszki highlighted that high-quality buildings can be created through the cooperation of investors, the state, municipalities, designers, and contractors. He added that sustainability and liveability are primary considerations in building assessments on the international stage, a principle also adhered to in Hungary. Besides aesthetics, Hungarian architectural traditions are also relied upon.

Lánszki stated that successful construction requires cooperation, as evidenced by the high international recognition received. Comparing with countries with much better economic opportunities,

the awarded Hungarian real estate developments are exemplary on a global level.

The State Secretary reported that he attended and gave a presentation on Hungarian architecture at the FIABCI professional congress held in Singapore between 27⁠–⁠30 May, where recognized international professionals and government representatives in real estate development discussed the industry’s situation and conducted negotiations.

László Gönczi, Vice President of the FIABCI World Prix d’Excellence Committee and President of the FIABCI Hungarian Chapter, highlighted that over the past 25 years, Hungarian real estate developers have won 34 first and 37 second prizes in the international competition. In the history of the award, 37 countries have won gold or silver medals,

with Hungary holding the most medals in Europe and ranking fourth globally.

The President of the Hungarian Chapter recalled that the Hungarian Real Estate Development Excellence Award is regularly announced, and the winners compete in the international competition. He declared that recognizing Hungarian successes, the FIABCI leadership have decided to hold their presidential meeting in Budapest this September, coupled with a professional event.

Managing Director of MOL Campus Péter Varga stated that they built a corporate headquarters with the involvement of experts, showcasing the company’s future-oriented mindset and commitment to sustainability.

Deputy Chief Technical Officer of Városliget Ltd Attila Sághi, responsible for the implementation of the Liget Budapest Project, emphasized that the development has combined international and Hungarian expertise.

Founded in 1951 and active in more than 60 countries, the International Real Estate Federation, headquartered in Paris, annually announces the International Real Estate Development Excellence Award (FIABCI World Prix d’Excellence), aiming to select and recognize the most successful real estate developments. Launched 32 years ago, the FIABCI World Prix d’Excellence is the world’s most prestigious real estate development competition, with successful entries from developers in 37 countries across five continents. This year, the international jury comprised of 63 esteemed professionals from 31 countries, each representing a specific sector of the real estate development industry.


Read more on modern Hungarian architecture:

Museum of Ethnography and House of Music Triumph at FIABCI Awards
At the award ceremony held in Singapore on 30 May, Hungarian real estate projects won three gold and one silver medal. The MOL Campus secured two first prizes, winning gold in both the office building and the environmental architecture categories.

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