Winner 2019 / Property Development / Residential, Multiple units

BudaPart

  • Company/Firm
    Property Market Real Estate Ltd.
  • Lead Designer
    Adept (master Plan), Vikár&lukács Architect Studio (architerct Of Buildings),s73 Studio(landscape)
  • Firm Size
    Medium
  • Firm City
    Budapest
  • Project Link
  • Web URL

BudaPart mixed-use project was launched in 2017, in the development of Property Market Ltd., to create a whole new unique quarter on the unused 54 hectares in the heart of Budapest adjacent to the Danube, across the Lagymanyosi Bay. During the project, we plan to develop a total of 15 residential and 13 office buildings, and a hotel. BudaPart opened its doors to the first residents in 2019: in September, we delivered the first residential building, BudaPart Homes ‘A’, and in October, the owners were able to take over the second apartments of the project, BudaPart Homes ‘C’.

Bio
Property Market Ltd., founded in 2015, is a subsidiary of Market Építő Ltd. and the Qatar-based Constellation Holdings Ltd., specializing in real estate development.
Management members of the real estate development company with 38 employees have so far successfully completed 52 projects, with a built area of 1.5 million m², rented 314,000 m² of retail and office space and sold 3200 apartments.

Other prizes
CIJ Award Best Residential Development of 2017Portfolio HOME 2018 Award –Residential Project of 2018 year in Buda (2018)Media’s Architectural Prize: The Future builders, the spaces of community 2.0 (2018)Best mixed-use development Hungary 5 star Award Winner (European Property Awards)Mixed-use development Europe Nominee (Internatinal Property Awards)CIJ Hungary Awards 2019 (Grand Prix and Best Residential Development)

Photo Credit: Property Market Real Estate Ltd.