IVG Hungary pre-lets 4,500 m2 in Infopark Building E to Lufthansa Systems
IVG has achieved a large-scale pre-letting of its project Infopark Building E.
IVG Hungary pre-lets 4,500 m2 in Infopark Building E to Lufthansa Systems
IVG has achieved a large-scale pre-letting of its project Infopark Building E: The Hungarian subsidiary of the prominent IT-supplier for the airline and aviation industry, Lufthansa Systems, rents 4,500 m 2 high-quality office surfaces in the expanding business park in Budapest to the 1 November 2009. Lufthansa Systems Hungária Kft is already tenant of Infopark Building D - the company rents 2500 m2 in the 2007 completed award-winning office building.
The Infopark Building E, which is to be completed in Q3 2009, will consist of two building tracts of different height (4 - and 7-storey). Including their leafy inner court they will fit harmoniously into the architecture of the existing Infopark-concept.
Since 1998 IVG realises the different buildings of the business park; altogether approx. 100,000 m2 modern office surfaces will create high-quality working-environment for up to approx. 7.500 people. During the last years Infopark has turned into a major address in CEE for IT, telecom and software-developing companies.
The Infopark project is being handled by the Budapest branch of IVG Development beside the RiverPark and StefániaPark office projects.
IVG Developmentv
The project development division of IVG Immobilien AG has 11 branches in Europe and handles projects worth € 2.5 billion. Its core German markets are in Berlin, Düsseldorf, Frankfurt, Hamburg and Munich, but it also operates in London, Paris and the eastern European growth markets of Budapest, Prague and Warsaw.
IVG Immobilien AG
IVG Immobilien AG is one of Europe's largest property companies, with assets under management worth more than € 20 billion in four divisions - IVG Investment, IVG Funds, IVG Development and IVG Caverns. The main focus of its investment activities is on office properties in selected top European locations. IVG successfully uses its network to profit from market opportunities in the regions and generate attractive yields for investors.
