IVG Hungary Ltd. is the subsidiary of IVG Immobilien AG, one of Europe’s best known real estate companies. IVG has been present in Hungary since 1998 with the company’s scope of business activity extending to real estate development, investment and asset management capabilites.
IVG has carried out significant developments in Budapest with a total value in excess of more than 200 million euros. IVG Hungary currently manages 15 commercial properties in the value of 250 million euros on 120 thousand square meters. The portfolio includes 11 "A" category office buildings, a hotel and a parking garage. The annual turnover of IVG Hungary and the companies under IVG management amounts to 23 million euros.