In August Gazprom Neft decided to create new subsidiaries on their most important markets, namely in Romania, Bulgaria, Bosnia and in Hungary to encourage the group’s business policies and the successful implementation of their business plans. As Slavko Pecanac, the managing director of Pannon Naftagas Ltd. said: “It was important for us to find an office in Budapest that provides appropriate support for us with a central location, adequate facilities and prestige.” Following the conversions, the new tenant can take possession of the rental property on the 16th of December.

Pannon Naftagas Ltd. is not the only new tenant at RiverPark though. The dynamically developing Swedish Sigma Kudos operates representative offices not only in Finland, China or Ukraine but now in Budapest as well. Sigma Kudos operates across the globe, from Sweden to China and from Finland to Malaysia, specializing in the field of information management, technology consulting, and software development. The Hungarian office, the company’s fastest growing site, was looking for a representative new office in Budapest that is both central in location and also close to its main customers.

György Nagy, the company’s managing director, talks about the reasons behind their choice: “In the consulting business, it is essential to be close to your customers and also to have premises that are easily accessible both for your staff and also partners. RiverPark has offered us an excellent location, and the building’s managers have shown great flexibility in coming up with sensible fit-out choices. We have had a very successful 2011, and operating from our new headquarters at RiverPark will be a good foundation for a similar progress in 2012.” Sigma Kudos will be moving to the completed office space on the 4th floor of the K32 building at RiverPark in March 2012.

“We are really glad about Sigma Kudos’ decision, since our cooperation looks back upon years. We helped them to find their present office, then they could sublease their unused spaces with our assistance and they asked for our support in office searching this time, too. It is also a pleasure for us that they have chosen a building represented by our company. Concerning its unique location and special work environment RiverPark Offices provide for tenants it is not surprising that an innovative company like Sigma decided on them. ” comments Róbert Papp, Director of Office Department at GVA Robertson, the exclusive letting agency of RiverPark Offices.

RiverPark office building is an 'A' category office building complex consisting of two buildings offering a total of nearly 10000 m² area for rent, located in Közraktár Street 30 and 32. The property is situated on the bank of Danube, has a magnificent view, exclusive inner garden, roof terraces, and advanced technical solutions which provide a high quality office and working environment for employees.

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IVG Hungary Ltd. is the subsidiary of IVG Immobilien AG, one of the largest real estate companies in Europe. The company's main activities are the asset management and development. Since 1998, the IVG developed 11 "A” class office buildings, and trough its investment funds they bought 5 buildings in Budapest for a total of 300 million euros. IVG Hungary Ltd. currently handles 15 commercial properties (office building in majority) close to 120,000 m² of rentable area in Budapest.

Budapest, 22 November 2011.

Contact:

Zsófia Knauer
Sales and Marketing Director
IVG Hungary Kft.
1117 Bp. Infopark E, Neumann János u. 1/E.
Phone: +36 1 382 7560, Fax: +36 1 382 7570
Email:
Web: www.ivg.hu, www.ivg.de

The Sundance Deli franchise is a national representative of a style of eating that is popular in Western Europe. According to the food-chains philosophy, they wish to provide office workers with easily accessible opportunities to eat, and refresh during the day – with sandwiches made on location, salads and desserts. They could not have found a better location for their enterprise, than the café on the ground floor of the RiverPark dual office building, whose glass walls provide a splendid view of the Danube.

“We were looking for a place for our new business that is located near the busy quarter of the city center on one hand, and can provide an opportunity to establish a permanent client circle on the other hand. RiverPark meets our expectations in every aspect." - said Laszló Novak manager of the new cafeteria.

The snack bar’s offer is not unknown to IVG, the owner of the office building. Sundance Deli’s partner showed their range of products during the recent shooting of a video clip on the rooftop terrace of RiverPark. During the shoot, which lasted all afternoon, the new café’s treats provided refreshments for the crew and guests. The introduction went well, they recently signed lease contracts for the operation.

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IVG Hungary Ltd. is the subsidiary of IVG Immobilien AG, one of the largest real estate companies in Europe. The company's main activities are the asset management and development. Since 1998, the IVG developed 11 "A” class office buildings, and trough its investment funds they bought 5 buildings in Budapest for a total of 300 million euros. IVG Hungary Ltd. currently handles 15 commercial properties (office building in majority) close to 120,000 m² of rentable area in Budapest.

Budapest, 5th September 2011

Contact:

Zsófia Knauer
Sales and Marketing Director
IVG Hungary Kft.
1117 Bp. Infopark E, Neumann János u. 1/E.
Phone: +36 1 382 7560, Fax: +36 1 382 7570
Email:
Web: www.ivg.hu, www.ivg.de

Dóri Arany, Mátyás Botlik and Csongor Szalay created theGrenma over six years ago. Since then they have given over 200 concerts with the same line-up, and they are on their way to releasing their fourth album. They have a vibrant and enthusiastic online community, over 30 thousand people were interested in the free download of their second album on their website. The trio’s music is most commonly referred to as soft core punk or punk-rock. Those passing by the Pest side of the Petőfi bridge could hear the breakthrough strength of the genre’s sound Friday night.

The rooftop terrace of the RiverPark office building was turned into a filming location for an afternoon. The office building complex, previously known as MOL K30 headquarters building and the adjacent modern, new building was reborn in 2008 when they were rebuilt together. Közraktár street 30 was built in 1920 based upon Dénes Györgyi’s plans. The developer IVG not only ensured that a high-quality office environment was built, but also ensured that the prestigious facade be preserved. The scene that unfolds from the rooftop terrace of the old building is unparalleled: the wide landscape of the Danube, the Buda hills as well as the sight of Pest houses roofed with colourful tiles are all part of the panorama.

The creators of the video – Andor Lengyel director and Ádám Temesi cinematographer – used these special qualities when they put theGrenma on the top of the bustling metropolis for the video of their song „Új hős”. The video was enriched with shots of the post-sunset „magic hour”, when it is still light outside but there are no shadows. The video will be shown on the band’s website from the beginning of September.

* * *

IVG Hungary Ltd. is the subsidiary of IVG Immobilien AG, one of the largest real estate companies in Europe. The company's main activities are the asset management and development. Since 1998, the IVG developed 11 "A” class office buildings, and trough its investment funds they bought 5 buildings in Budapest for a total of 300 million euros. IVG Hungary Ltd. currently handles 15 commercial properties (office building in majority) close to 120,000 m² of rentable area in Budapest.

Budapest, 12th August 2011

Contact:

Zsófia Knauer
Sales and Marketing Director
IVG Hungary Kft.
1117 Bp. Infopark E, Neumann János u. 1/E.
Phone: +36 1 382 7560, Fax: +36 1 382 7570
Email:
Web: www.ivg.hu, www.ivg.de

With its leading brands and technologies, Henkel operates worldwide in three main areas: laundry and home care, beauty and personal care, and adhesive technologies. Founded in 1876, Henkel has a leading position both in the retail and industrial segments with its universally known brands Persil, Schwarzkopf and Loctite.

„For Schwarzkopf Professional it is important to have an easily accessible but still exclusive location for its unique and representative training centre and its new reference hairdressers studio” says Krisztián Havasi, Division Manager of Henkel Schwarzkopf Professional.

RiverPark Offices is a two-block Category "A" office complex that offers a total office space of 9,865 sqm for rent: the first is Block K30 formerly known as the headquarters of MOL (the Hungarian Oil and Gas Company) which was completely renewed in accordance with the monument protection authority regulations, while the second one is the modern building section located at 32 Közraktár Street offering first-class office spaces.

With its marvellous panorama, exclusive interior garden, roof terraces and state-of-the-art technical solutions, this property on the bank of the Danube provides a high-quality office environment and working conditions for the people working there.

IVG Immobilien AG is one of the biggest real estate companies in Europe. The firm manages assets in a total value of EUR 22.1 billion, and with ca. 600 employees they are present in 18 German and other European main cities. Through a network of its local representatives, IVG manages its own real estate portfolio with a total market value of EUR 4.3 billion. In Northern Germany, IVG builds and operates underground oil and gas storage facilities. In the real estate funds segment, IVG is the leader in offering special real estate funds to institutional investors. Together with closed-end funds offered to private investors, IVG manages real estate funds and transactions in a total value of EUR 15.5 billion.

Budapest, 5th May 2011

Contact:

Zsófia Knauer
Leasing and Marketing Director
IVG Hungary Kft.
1117 Bp. Infopark E, Neumann János u. 1/E.
Phone: +36 1 382 7560, Fax: +36 1 382 7570
Email:
Web: www.ivg.hu, www.ivg.de

In the past 10 years it has been the company’s grade ’A’ office building developments that compelled admiration from the trade. However, year 2009 has brought about a change as to the company’s principal activity, when the Budapest branch of IVG received its first asset management assignment from IVG Funds, then shortly afterwards it was awarded a mandate by investment company HGA Capital (Germany) to manage their properties in Budapest. This way the portfolio managed by IVG Hungary Kft. (15 commercial properties with a lettable area near 120,000 m²) has made it a key actor on the Hungarian asset management market.

Following the changeover 2010 was the first year when IVG Hungary Kft. primarily focused on property management, and went on closing its financial year with a positive balance. In 2010 altogether 40 lease contracts were concluded by IVG’s associates, further increasing the lease-out rates of the buildings. The last few months of the year were especially stirring, during which lease contracts were concluded with numerous renowned multinational and domestic companies, such as ZF Services, is Industrial Services, Turck Hungary, Henkel Magyarország and Heraeus Kulzer.

IVG Immobilien AG is one of the major real estate companies in Europe. The company manages assets worth € 22 billion and is located with approx. 600 employees in 18 selected major German and European cities. Via its network of local branches, IVG manages inter alia on-balance properties with a market value of € 4.3 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 € 15.3 billion.

IVG’s Asset Management division is located with 16 branches in 9 countries. The division is currently managing some 750 properties altogether at an international level, with a total lettable area of 6 million m² and a value of € 16 billion.

Budapest, 11th January 2011

Contact:

Viktória Tomán
Communication
IVG Hungary Kft.
1117 Bp. Infopark E, Neumann János u. 1/E.
Phone: +36 1 382 7568, Fax: +36 1 382 7570
Email:
Web: www.ivg.hu, www.ivg.de

Market leader in the field of hair coloring, care and styling Schwarzkopf Professional, a division of Henkel Magyarország Kft., was searching for a high standard office with good accessibility. The 390 sq m  office space with exclusive fit-out and fantastic panorama is on the top floor of K30 building. Besides their office they are opening  Scwarzkopf Professional Academy and reference hairdressing salon on 330 sq m on the ground floor.

'In addition to the excellent location the high quality fit out and, naturally, the wonderful view from the office were crucial for our decision. We were looking for a building which is unique, high level and suits our products. RiverPark offices meet all these requirements. We are sure that  it is a good choice both for our employees and our customers.' comments  Krisztián Havasi, director of Schwarzkopf division, Henkel Magyarország Kft.

The developer, IVG Hungary, puts great emphasis on the architectural and technical solutions in their real estate developments meeting the requirements of the 21th century and the latest trends, and, obviously, considering tenants’ needs. 

RiverPark offices on the Danube bank  are an 'A' category office building complex consisting of two buildings. The building in Közraktár street 32 is a modern, newly constructed wing providing a 3 storey parking facility. The other building, which was known as the former head office of MOL, has saved its loft character after its renovation as a historic building. The main features of the office building  - magnificent view, exclusive inner garden, panorama terrraces and high quality technical solutions - provide a high quality office and working environment for employees. 

During the negotiation the owner was represented by GVA Robertson, whilst the tenant was introduced by Colliers International.

Budapest, 7th January 2011

Spring brought a boom for IVG, as in the past few months several lease contracts have been concluded in relation to the actual office developments of the company.
RiverPark, IVG's office building on the Pest-side bank of the Danube featuring a wonderful view to the river and an inner garden, is going to accommodate 3 new tenants soon inter alia the Lufthansa Systems and Auditpont counting house. Negotiations are underway on the lease of further 4,000 m², including which 60% of the building recently handed over is leased out already.

Building E, being constructed as the last phase of Infopark and to be handed over in August, has also admitted new tenants lately. Among others, the European Institute of Innovation and Technology (EIT), a newly founded organization of the EU, is going to move into the vitrified brick building. The organization is going to occupy approx. 3,000 m² as of 1st December in Inforpark Building E chosen through a public procurement procedure; the lease contract was concluded for a term of 20 years. The entire 4th floor, including the appertaining cosy roof terrace, will be occupied by Kraft Foods as of August. It is evidencing the success of Infopark as the first complex of innovation and technology of Central-Eastern Europe that 65% of Building E has been leased out already before handover, with the scope of its prominent tenants continuously expanding, including Magyar Telekom, Lufthansa Systems, and NKTH (National Office for Research and Technology) already.

The Managing Director of IVG Hungary said the following about the successful lease-outs: "Fortunately, the heavily pessimistic view regarding the economic situation in general and the possibilities of the office lease market is contradicted by the success of our own lease-outs. We are convinced that there is still opportunity, and even need to realize well-located office developments of a high level of quality and elaborate architecture on the market. Moreover, the demand by potential lessees has livened up again during the last weeks, which is supposedly derived from the stabilization of the exchange rate of the Hungarian forint, having a very strong influence on the Euro-based rents. Considering this trend and the current lease-out levels of our office buildings relative to the target-figures, we still have an optimistic vision of the future, despite of the gloom prevailing on the market."

Even so, IVG plans no new developments at present. Besides the ongoing and completed developments, the Hungarian affiliate is also managing four different commercial properties under the ownership of IVG Funds (asset management), including the Art'otel and the Stock Exchange building on Andrássy Avenue.
"We will seek to accomplish further asset management and project management tasks received from outside of the IVG group in the future" - advises Mr. Blandow on expanding the range of activities of the company.

IVG Immobilien AG is one of Europe's largest listed property investment companies. The focus of its business is on office properties in selected German and European cities. Via its local branch network it currently manages property assets of a total value over €22 billion. It carries out its commercial activities in four independent divisions: Investment, Funds, Development and Caverns. Each division operates autonomously on its own markets with its own strategy. All divisions share one goal: profitable growth. IVG Hungary Kft. is primarily developing office buildings in Budapest; its ongoing projects are Infopark Building E, RiverPark offices and StefániaPark office building.

Further information at: www.ivg.hu, www.ivg.de.

Budapest, 22nd June 2009

Contact:

Zsófia Knauer
sales and marketing director
IVG Hungary Kft.
1117 Bp. Infopark C, Gábor Dénes u. 4.
Phone: +36 1 382 7560, Fax: +36 1 382 7570
Email:
Web: www.ivg.hu, www.ivg.de

IVG Hungary Kft was happy to see the international corporation demonstrate serious interest and rapid decision-making. Having been presented all three of IVG projects (StefániaPark, Infopark Building ‘E' and RiverPark offices), the management of UKRENERGY TRADE ZRT voted for the latter one. There were a multitude of considerations taken, such as adequate access, flexible space management, the view of the Danube or the first class working environment. Instead of taking the loft office at Közraktár utca 30, the new tenants have opted for the new wing of the RiverPark offices conglomerate. They will move in to the fifth floor as of May 2009, thereby securing themselves one of the finest views over the surroundings.

It is not by chance the new client has chosen RiverPark offices on the Pest bank of the Danube. The property has a lot to offer, from a breathtaking view and an exclusive 2300 sq.m. inner garden to the roof terraces and exquisite technical solutions. Premier location and first rate office spaces testify about the professionalism of IVG Hungary Kft. and its parent company IVG Immobilien AG. This German shareholding company is a major player within the European real estate industry, concentrating its investments mainly on offices - always thoroughly picked, at top European locations. Throughout Europe, the company manages real estates worth a total of 20 billion Euros. Their best known Hungarian venture so far is the creation of Infopark, the first innovation and technology park in Central Eastern Europe. They have also meticulously restored palaces on Andrássy Avenue, as well as the former German Embassy, now known as StefániaPark.

IVG continues negotiations with prospective tenants of RiverPark offices, due for moving in as of May 2009. The modern office complex, comprising a six and a seven storey building, offers a total of 9865 sq.m. of space, with 10 percent already leased out. The lease of RiverPark offices is coordinated by IVG, soliciting assistance from DTZ and ESTON.

Budapest, 17th March, 2009

The event kicked off with official welcome speeches. The Board of WJU spoke about their achievements over the last decade, the success of canoe trips and other activities. Then the representative of the German Embassy commended the organisation as an important forum of meeting. The anniversary event was also attended by representatives of the German-Hungarian Chamber of Industry and Commerce who emphasised the importance of continued good cooperation.

The unique loft office on the second floor of the Közraktár street office building served as a spacious venue for the event, comprising a comfortable lounge, a concert hall of special atmosphere, and a buffet, as well as providing a stylish location for poker and foosball fans to practice their skills at their respective tables. Special appearance from Hubert Kah rounded off the evening as the legendary eighties singer gave a life performance of his greatest hits, making this a truly memorable celebration for the hundred-some guests.

As this successful weekend passed, RiverPark returned to busy workdays. The construction works are in no way hindered by the economic crisis, and when completed in the near future, RiverPark will have a total of 9,865 square meters of office space to let.

Budapest, 23rd February 2009

Event photography

IVG Development, the project developer of IVG Immobilien AG, celebrated the topping out ceremony of its exclusive office development on the 12^th November 2008 in district 9, along the Danube bank, with magnificent view towards Buda Hills.

RiverPark offices is going to be an "A" category office building complex, consisting of two buildings offering a total of 9865 sqm rentable area. Building K30 is a total refurbishment of a listed building, which will offer first class office space after the renovation. The other building is a new, modern class A office wing. RiverPark offices will also serve its tenants with exclusive inner garden, roof terraces, ground floor café to be run by the Infopark C café operator, Kiwi chain, and advanced technical solutions to provide high quality working environment.

RiverPark offices will be available from Q1 2009. IVG Development is coordinating all letting activities with its appointed agents: DTZ and Eston.

IVG Hungary celebrates its 10th birthday in 2008, as a committed developer with quality landmark projects like the first innovation and technology park of Central and Eastern Europe, the Infopark and also the restoration of listed palaces along Andrássy street or StefániaPark, the redevelopment of the elegant former German Embassy building.

IVG Development

The project developer of IVG Immobilien AG is represented by 11 branches in Europe. Its core markets in Germany are Berlin, Düsseldorf, Frankfurt, Hamburg and Munich, as well as 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, managing assets of over € 20 billion in its IVG Investment, IVG Funds, IVG Development and IVG Caverns divisions. Its investments focus on office properties in selected top European locations. IVG's branches enable it to successfully leverage the opportunities of the markets locally and to generate attractive yields for its investors.

12th November, 2008

Press contact:

Zsófia Kóta
PR assistant
IVG Hungary Kft.
1117 Bp. Infopark C, Gábor Dénes u. 4.
Tel.: +36 1 382 7577, Fax: +36 1 382 7570
Email: zsofia.kota@ivg.hu
Web.: www.ivg.hu, www.ivg.de, www.riverpark.hu