Liget Center developed by WING wins multiple awards at the 27th Hungarian Real Estate Development Excellence Awards
2025-11-24
WING, one of the leading real estate development and investment groups in the Central European property market, has received significant professional recognition. The Hungarian Chapter of the International Real Estate Federation (FIABCI) announced the 27th Hungarian Real Estate Development Excellence Awards Competition this year, where WING’s Liget Center project earned multiple awards. The gala took place on 21 November at the Danubius Hotel, celebrating the most outstanding achievements of the Hungarian real estate industry.
FIABCI, headquartered in Paris, aims to showcase outstanding real estate developments globally and foster professional knowledge-sharing and cooperation. The Hungarian Chapter’s competition is one of the most prestigious recognitions in the Hungarian real estate sector, intended to highlight the outstanding work of domestic developers and present their projects to both professional and wider audiences. Winning domestic projects are also automatically eligible to enter the esteemed FIABCI World Prix d’Excellence global competition.
At the awards gala held on 21 November, WING received several accolades for the renovation of the Liget Center. The project won first prize in its own category and received a shared third place among all entries for its exceptional implementation. The professional jury also awarded WING the special prize of Irodakereső.info, as well as the special prize of the Association of Hungarian Architects.
The project comprised the complete and highly complex reconstruction of the heritage-listed Liget Center Classic and Auditorium buildings, along with the construction of a new six-storey premium boutique office building, the Liget Center Vitrum. The renovation of the former headquarters of MÉMOSZ (the National Union of Construction Workers of Hungary) was both an exemplary heritage conservation effort and an architectural achievement, resulting in the rebirth of one of Hungarian modernism’s unique buildings as a state-of-the-art office complex.
Throughout both construction and operation, the company placed special emphasis on environmental responsibility: it selected green, modern materials that comply with heritage protection requirements, supporting long-term sustainable operations. The building complex’s components received an “A” or higher energy efficiency rating, the Vitrum building holds a BREEAM “Very Good” certification, the entire project operates on 100% green electricity, and the more than 70-year-old Auditorium has been reborn as a nearly zero-energy building. The Liget Center features renewable energy sources, heat-pump systems, advanced building-management solutions and green roofs to support environmentally friendly operations.
During the renovation, WING preserved the modernist character of the original buildings while equipping them with contemporary functions and the most advanced technological and energy solutions. The project’s architect was TIBA Architect Studio, general construction was carried out by WORKUP, FITOUT's specialized division. Landscape architecture was provided by S73 Studio, while the interior design of RTL’s areas was completed by LAB5 architects. Since summer 2024, the Liget Center Classic and Auditorium buildings have been home to the news division, studios and offices of RTL Hungary. In early 2026, the renowned international law firm Wolf Theiss will move into the Classic building, while the newly built Vitrum building offers modern office spaces in the city centre.
The development of the Liget Center is a defining element of the revitalising district around City Park (Városliget) and Dózsa György Road. The project has contributed to preserving and enriching the area’s cultural and architectural heritage: WING restored István Tar’s “Builders” relief and reinstated Dezső Lányi’s “Construction Workers” statue, further strengthening Budapest’s artistic identity. Beyond its architectural qualities, the project also holds urban-development significance, as the intersection of City Park Avenue (Városligeti fasor) and Dózsa György Road, the villa quarter along the avenue, and the renewed City Park together with the Museum of Ethnography have become one of the most valuable locations in Budapest.


