The building, handed over in September 2004 and covering almost 5000 square metres, is the result of the unique vision and brave initiative to bring a centennial atmosphere to life by applying the top-quality architectural solutions of the modern age. The Palace, built according to the design of the renowned architect Erick van Egeraat, was awarded the special prize at the FIABCI competition by the Hungarian Real Estate Alliance in 2005, and received the Pro Architectura prize in 2008. The European Parliament, the European Commission, Morgan Stanley, Fortis Bank and the Haarmann and Hemmelrath law firm were the first tenants at Deák Palace who were provided with the building’s premium services. Currently, the tenants of the building include the Lithuanian Embassy and Itron Labs Kft., which occupies four floors.

Fashion Street is a bold dream come true. It is the first and, until now, only High Street development in Central Europe that covers a whole street – almost 9000 square metres – in the city centre. The properties are mainly located between the Kempinski Hotel Corvinus and The Ritz-Carlton Budapest hotels on Deák Ferenc shopping street, in the heart of the city centre.

The old, historic buildings and the renovated street create a uniquely elegant environment with brands like Hugo Boss, Tommy Hilfiger, COS and Massimo Dutti.  The architects had Regent Street in London and Via Montenapoleone in Milan in mind when creating the designs. With its easily accessed, wide pedestrian street and beautifully renovated, neo-classicist buildings, Fashion Street is a perfect location for both elegant retail spaces and restaurants offering mouthwatering delicacies alike.

When Fashion Street was just a concept laying on the drawing board, the founder had already started making plans about its extension. The Main Street project involves extending Fashion Street in the shape of a T along Bécsi Street: in the direction of Kristóf Square to the left, and in the direction of Erzsébet Square to the right.

The design plans presenting the concept of Main Street were created by award-winning British architecture, engineering and design firm Foster + Partners. Immobilia Group has a real estate portfolio of almost 15,000 square metres on Bécsi Street. The vision of Main Street is awaited by developers, who are also still involved in the renovation, development and restoration of the city centre, a project that they have been successfully working on for 18 years.