History

1993

• Start of real estate development in Hungary

1996

• First office complex completed in Budapest

1997

• Volksbank Group becomes a major shareholder in ABLON

1998

• Launch of the Company's operations in the Czech Republic

2000

• First project completed in Prague (Palmovka)
• BC22 office building completed in Budapest
• Five projects completed in Budapest since 1994

2002

• BC 91 office building completed in Budapest
• Meteor Office Center (Phase 1) completed in Prague  

2004

• BC 140 completed in Budapest
• 137 units of Phase 1 of the Zöldváros Residential Park (Budapest) completed 

2005

• Two more projects completed in Budapest
• BC 140 (Budapest) sold at a 1.9 times return  on its investment cost  
• BC 22 (Budapest) sold at a 1.8 times return on its investment costs  
• Phase 1 of the Zöldváros Residential Park (Budapest) completed
• Buy-Way Soroksár shopping center completed
• Phase 1 of the Meteor Office Center  completed in Prague 

2006

• ABLON purchases its first two projects in Romania  
• Buy-Way Dunakeszi shopping center completed  
• BC 30 office building completed in Budapest
•  

2007

• Three phases of the Gateway Office Park completed in Budapest (50,000 m²)  
• Construction works of Airport City Logistic Park started in Budapest
• Business activities in Poland launched 
• Construction works of the Europeum Shopping Center and Courtyard by Marriott Hotel began 

2008

• First two pieces of properties in Poland purchased
• Phase 1 of the Airport City project completed and Phase 2 began
• Construction works of Residence VIVA began in Prague
• Construction works of  Phase 2 of the M3 office building completed
• Hotel Rosslyn project purchased and construction works began  
•  

2009

• First residential project (VIVA Residence) completed in Prague

2010

• First hotel project completed and opened in Budapest under the management of Marriott Hotels

2011

• Europeum Shopping Center opens in Budapest on Blaha Lujza square