The Hungarian Section of the International Real Estate Federation (FIABCI) organized the awards ceremony of the 13th Hungarian Real Estate Development Award today on 13th December 2011, where the Continental Hotel Budapest****Superior won the III prize; moreover received the Special Award of the Hungarian Hotel and Restaurant Association. The designers of the hotel are Péter Hegedűs and Péter Vékony.
The aim of the award is to present the results of the Hungarian real estate developments to the national professional and lay audiences, and to reward the outstanding works.
The 24 entries were evaluated by a 14-member jury. Apart from the architectural values, the key aspects of evaluation were the technical solutions of the project, the quality of the design, the economic efficiency and effectiveness of the investment, as well as the fact how much the facility contributes to the improvement of living conditions of the surrounding residents.
Furthermore, the Hungarian tender also serves the purpose of preparing and helping the successful participation of Hungarian real estate developers on the tender of the international FIABCI Award (Prix d'Excellence). The Continental Hotel Budapest****Superior is also going to take up this challenge in order to achieve international success, too.