Winning trio in Infopark: good location, high quality, and pleasant environment
IVG has leased out 4,500 m2 of office space in Infopark in recent months.
Infopark Budapest, lying on the Buda side of Lágymányosi Bridge, is still one of the most sought-after office locations in Budapest, as it has been through recent years. This is evidenced by the fact that in the buildings managed by IVG the company has signed and extended lease contracts one after the other with its new and former tenants in past months. About 4,500 m2 of office space has been leased out this way, with tenants including such renowned companies as Nissan Sales Central & Eastern Europe Kft., SáGa Foods, Sense/Net Zrt, IDS Sheer and DITinform.
Several of them have been Infopark tenants since the handover of the buildings in 2002 and 2005. The good location, the high quality and the pleasant environment (50% of Infopark is landscaped green area) have gained yet another victory in the sharp market competition.
“We are glad that those companies that have long since been among the tenants of Infopark choose to retain their offices there. This demonstrates to us that the Infopark buildings handed over 8 years ago in 2002 are still in a distinguished position on the office market, and are a mach for any other new office building” – said Kay-Uwe Blandow, Managing Director of IVG Hungary Kft., developer and lessor of Infopark.
IVG Hungary Kft. has been present in Hungary since 1998, and has constructed Infopark buildings B, I (2002), C (2005), D (2007) and E (2009) as its major development. The company’s Asset Management business currently includes 14 commercial properties in Budapest (with a lettable area near 120,000 m2), the majority of which are office buildings, however, hotels and retail properties are represented also.
IVG Immobilien AG is one of the major real estate companies in Europe. The company manages assets worth € 22.7 billion and is represented with approx. 700 employees in 19 selected major German and European cities. Via its network of local branches IVG manages inter alia on-balance properties with a market value of € 5.1 billion. In northern Germany IVG constructs and operates underground storage caverns for oil and gas. In the fund segment IVG is the leading provider of tailored property funds for institutional investors. In combination with the closed-end funds for private investors, IVG manages funds and mandates amounting to a total volume of € 15.6 billion.