Investor relations

Extraordinary Information
2017 Nov 30

Execution of a new loan facility agreement and forecast for year 2018 

Graphisoft Park Group

Graphisoft Park SE was established through a demerger from Graphisoft SE European Company on August 21, 2006. The purpose of the restructuring was to spin off a new company, dedicated to real estate development and management. The shares of the company have been traded on Budapest Stock Exchange (BSE) since August 28, 2006. Graphisoft Park SE operates as a holding company and provides accounting, HR and other administrative services to its subsidiaries.

The real estate development is performed by Graphisoft Park SE’s main subsidiary, Graphisoft Park Kft., while Graphisoft Park Services Kft., formed in December 2008, is responsible for the operation of the Park.

Graphisoft Park Kft’s responsibility is to provide real estate development services to the Aquincum Institute of Technology (AIT-Budapest). For Graphisoft Park does not plan to engage in education itself, an agreement with AIT-Budapest Kft was entered into in 2009. In accordance with that agreement AIT-Budapest is responsible for organizing, initiating and operating the higher education institution, while Graphisoft Park contributes by providing real estate development to the project. AIT-Budapest pays current market rates for its lease at all times to the company. The close cooperation between the companies was instituted to find synergies between education and the business needs of Graphisoft Park tenants. On April 21, 2009, Graphisoft Park Kft. acquired a 10% minority stake in AIT-Budapest.

For further stock and company information please visit the official site of Budapest Stock Exchange.