Graphisoft Park SE was established through a demerger from Graphisoft SE. The shares of the new company are traded on Budapest Stock Exchange (BSE) since 2006 and operates as regulated real estate investment company (SZIT) since 2018. Based on the survey of the Budapest Stock Exchange, Graphisoft Park received the “issuers’ transparency mid-cap” special award for the year 2017.

Forecast for 2020 and 2021

September 30, 2020









2020 forecast

2021 forecast




Rental revenue



(million EUR)

14.4 


14.5

Net profit (pro forma, IFRS) 



(million EUR)

4.2


4.3









Net asset value at fair value per share

           14.9   (EUR)


Brief summary of 2020 Q3 results                                 



Graphisoft Park was built for and named after the founding software company. The emphasis was placed on the highest possible architectural quality, as the rent is a negligible part of the total cost of quality labor, and the main goal of the founder remains attracting quality labor. The concept worked, and tenants who treated the acquisition of talent as a priority and were therefore less price sensitive started arriving one after the other. The example to follow, albeit on a much smaller scale, was Silicon Valley in California. Just as for companies like the founding software company, the original Silicon Valley may have been more attractive than downtown San Francisco, Graphisoft Park exhibited consistently close to 100% occupancy rates at almost the same level of rents as downtown. Only the crisis of 2008-09 could cause a temporary setback to this.









Quarterly Report 2020 Q3
November 10, 2020

Quarterly Report 2020 Q2
August 13, 2020

Quarterly Report 2020 Q1
May 14, 2020

Annual Report 2019
April 30, 2020

Quarterly Report 2019 Q4
February 27, 2020

Quarterly Report 2019 Q3
November 6, 2019

Quarterly Report 2019 Q2
August 7, 2019

Quarterly Report 2019 Q1
May 8, 2019


Previous Financial reports are available in Announcements

Graphisoft Park SE, the owner of the Graphisoft Park, was established through a demerger from Graphisoft SE, a software developer 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 new company are traded on Budapest Stock Exchange (BSE) since August 28, 2006. Based on the survey of the Budapest Stock Exchange, Graphisoft Park received the “issuers’ transparency mid-cap” special award for the year 2017. The Graphisoft Park SE operates as regulated real estate investment company (SZIT) since 2018.

The real estate development is performed by the subsidiaries of Graphisoft Park SE, namely Graphisoft Park Kft., Graphisoft Park South I. Kft. and Graphisoft Park South II. Development Kft., while the Graphisoft Park Services Kft. (established in 2008) is responsible for property operation tasks. The Graphisoft Park Engineering & Management Kft. is responsible for the Group’s certain property management, engineering and administration activities from January 1, 2018.

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

The total area of Graphisoft Park is nearly 18 hectares. Over the past 20 years, 82,000 m2 gross leasable area (offices, laboratories, educational area and auxiliary facilities) have been developed and occupied by tenants. Belonging to them underground parking facilities for around 2,000 cars are available. The remaining area provides the opportunity to develop an additional 62,000 m2 of gross leasable area together with underground parking and auxiliary facilities.

The real estate is categorized as follows:

Gross leasable area Office area 58,000 sqm

Laboratory 7,000 sqm

Educational area 8,000 sqm

Storage 6,000 sqm

Service area 3,000 sqm

Underground parking 2,000 pcs



Development area Northern development area (after remediation) 42,000 sqm

Southern development area 20,000 sqm


Date Event
February 27, 2020 Interim management report for the 4th quarter of 2019
March 19, 2020 Annual Report for the year 2019 and other proposals to the AGM
April 30, 2020 Annual General Meeting
May 14, 2020 Interim management report for the 1st quarter of 2020
August 13, 2020 Half-year report for the first half of 2020
November 10, 2020 Interim management report for the 3rd quarter of 2020


Genaral Meeting invitation - March 19, 2020
GM invitation

Power of attorney for the GM of the Year 2020


GM - Proposals - March 19, 2020

The Board of Directors of Graphisoft Park SE hereby publishes the submissions and resolution proposals in connection with the agenda of the General Meeting to be held on April 30, 2020

Management Share Option Plan_1st_amendment

AC report

Articles

General Meeting submissions

CG report

IFRS Annual report 2019

Remuneration_policy

Parent_company_business_report

Parent company Annual_report

Cancellation of the structured share repurchase transaction


Extraordinary information on General Meeting  - April 17, 2020
Graphisoft Park SE’s extraordinary information on General Meeting


General Meeting resolutions  - April 30, 2020
Resolutions of the Board of Directors of Graphisoft Park SE held on April 30, 2020.


Previous GM information are available in Announcements

Public companies are increasingly expected to state clearly their corporate governance principles and to what extent those principles are implemented. As a company listed on the Budapest Stock Exchange, we are highly committed to meeting these expectations and legal and stock exchange requirements, within the rational limitats of the relatively small size of the Company.

On January 18, 2018, Graphisoft Park SE received the Mid-Cap Special Issuing Transparency Prize of the Budapest Stock Exchange.

The Statutes of Graphisoft Park SE provides as governing bodies the general meeting of shareholders and the Board of Directors (single-tier system). Under the single-tier system, the SE is managed by the Board of Directors. The members of the Board of Directors have the power to represent the company in dealings with third parties. Under the single-tier system the Board of Directors may delegate the power of management to one or more of its members. The independent members of the Board of Directors form the Audit Committee.


Board of Directors

The Board of Directors is responsible for the Company's management and decides on matters other than those that must be determined by shareholders. The Board of Directors is required to report annually to the shareholders at the annual general meeting of the shareholders.

Pursuant to the Company's Articles of Association, the Board of Directors consists of a minimum of 5 and a maximum of 11 members elected at the annual general meeting of the shareholders for a term not to exceed of 5 years. Presently Graphisoft Park SE operates with 6 members of Board.

Meetings of the Board of Directors are held at least four times a year. Meetings of the Board of Directors require the presence of major for a quorum. Each member has one vote. The Board of Directors passes resolutions by simple majority vote.


Members of Board


Gábor BOJÁR,
Chairman of Board
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Péter HORNUNG,
Member of Board
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Dr. János KÁLMÁN,
Member of Board
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János KOCSÁNY,
Member of Board
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Dr. György MARTIN HAJDU,
Member of Board
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András SZIGETI,
Member of Board
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Audit Commitee

The Audit Committee assists in the appointment of independent auditors to be elected by the annual general meeting and reviews the scope of external audit services. It must pre-approve all audit and non-audit services to be performed by the external auditor. The Audit Committee also reviews the annual financial statements of Graphisoft  Park, taking into account the results of the audits and reviews performed by the independent auditors. The Audit Committee also reviews financial reports submitted to the stock exchanges, banks and regulatory bodies. The Audit Committee shall have as many as necessary but at least four meetings each year. Audit Committee members are appointed from the independent members of the Board of Directors by the general meeting of the company.

Members of Audit Commitee:

  • Dr. János Kálmán
  • Dr. György Martin Hajdu
  • Péter Hornung


Management


János KOCSÁNY,
Cheif executive officer of Graphisoft Park SE and Managing Director of the subsidiaries
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Sándor BIHARI,
Chief Financial Officer , Investment relations
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Zsuzsa PÁLFALI,
Managing Director of Graphisoft Park Services Kft.
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Graphisoft Park SE’s share capital consists of 10,631,674 class “A” publicly traded, marketable, registered ordinary shares of 0.02 euro face value, each representing equal and identical rights, and 1,876,167 class “B” employee shares of 0.02 euro face value.

Composition of share capital:

Share class Nominal value Number of shares issued Total nominal value

(EUR/pcs) (pcs) (EUR)
Ordinary shares
Class „A”
0.02 10 631 674 212 633,48
Employee shares
Class „B”
0.02 1 876 167 37 523.34
Shares
Class „A” and „B”
0.02 12 507 841 250 156.82


Class „B” employee shares are not marketable, connected to employment, may be withdrawn by the Board of Directors at any time, have no voting rights in decisions that require qualified majority and bear reduced rights to dividend at the proportion of one third of their face value. In the financial statements of the Company these payments are accounted as employee related expense instead of dividend. The Articles of Association and the Management Share Ownership Plan govern all other matters related to the employee shares.

Voting rights and shares September 30, 2020

Shareholder Shares Share Voting right

(pcs) (%) (%)





ORDINARY SHARES: 10,631,674 100.00 87.92
Directors and management 1,789,082 16.83 15.60
Bojár Gábor - Chairman of the BoD 1,685,125 15.85 14.69
Dr. Kálmán János - Member of the BoD 13,500 0.13 0.12
Kocsány János - Member of the BoD, CEO 90,457 0.85 0.79





Shareholders over 5% share 3,156,576 29.69 27.53
HOLD Alapkezelő Zrt. 653,104 6.14 5.70
AEGON Magyarország Befektetési Alapkezelő Zrt. 1,003,472 9.44 8.75
B.N.B.A. Holding Zrt. 1,500,000 14.11 13.08
Other shareholders 5,136,940 48.32 44.80
Treasury shares* 549,076 5.16 -





EMPLOYEE SHARES**: 1,876,167 - 12.08
Kocsány János - Member of the BoD, CEO 1,384,819 - 12.08
Employee treasury shares* 491,348 - -





SHARES TOTAL: 12,507,841 100.00 100.00


* Treasury shares possessed by the Company do not pay dividend and bear no voting rights.

All Announcements are available in English from September 16, 2015.
Financial Reports are available in English from January 1, 2009.



Other information
November 30, 2020
Share capital, voting rights



Quarterly Report 2020 Q3
November 10, 2020
Quarterly Report 2020 Q3



Other information
November 1, 2020
Share capital, voting rights



Extraordinary information
October 16, 2020
Extraordinary announcement on significant change in the fair market value of the property portfolio



Other information
October 1, 2020
Share capital, voting rights



Extraordinary information
September 30, 2020
Extraordinary information on employee shares transaction



Extraordinary information
September 21, 2020
Extraordinary information about the new website



Half-year report
August 13, 2020
2020 H1 report



Other information
July 31, 2020
Share capital, voting rights


Extraordinary information
July 1, 2020
Changes in management 


Extraordinary information
June 30, 2020
Announcement on separation by acquisition within the Group


Other information
June 30, 2020
Share capital, voting rights


Other information
May 29, 2020
Share capital, voting rights


Extraordinary information
May 28, 2020
Extraordinary announcement on employee shares transaction


Quarterly Report 2020 Q1
May 14, 2020
Quarterly Report 2020 Q1


Dividend payment
May 8, 2020

Announcement on the payment of the dividend for the financial year 2019


Corporate Governance Report 
April 30, 2020
Corporate Governance Report 



Articles of Association
April 30, 2020

Articles of Associations




Other information
April 30, 2020

Graphisoft Park SE Financial Statements for the year 2019 (IFRS, standalone)



Annual report 2019
April 30, 2020

Graphisoft Park SE 2019. évi éves jelentése (IFRS, konszolidált)



GM - Resolutions
April 30, 2020

Resolutions of the Board of Directors of Graphisoft Park SE held on April 30, 2020.



Other information
April 30, 2020
Share capital, voting rights


Extraordinary information
April 17, 2020
Graphisoft Park SE’s extraordinary information on General Meeting


Other information
March 31, 2020
Share capital, voting rights


Calendar of Events 2020 March 19, 2020
Calendar of Events 2020


Other information
March 19, 2020
Share capital, voting rights


General Meeting invitation 
March 19, 2020
GM invitation

Power of attorney for the GM of the Year 2020


GM - Proposals
March 19, 2020
The Board of Directors of Graphisoft Park SE hereby publishes the submissions and resolution proposals in connection with the agenda of the General Meeting to be held on April 30, 2020

Management Share Option Plan_1st_amendment

AC report

Articles

General Meeting submissions

CG report

IFRS Annual report 2019

Remuneration_policy

Parent_company_business_report

Parent company Annual_report


Extraordinary information
March 19, 2020
Cancellation of the structured share repurchase transaction


GM - Resolutions
March 2, 2020

Resolutions of the General Meeting of Graphisoft Park SE held on March 2, 2020



Other information
February 28, 2020
Share capital, voting rights



Quarterly Report 2019 Q4
February 27, 2020

Quarterly Report 2019 Q4



GM - Proposals
February 24, 2020

Publicity of General Meeting held on March 2, 2020



Other information
February 21, 2020

Information on termination of judicial review against final judgment 



GM - Proposals 
February 6, 2020

The Board of Directors of Graphisoft Park SE hereby publishes the submission and resolution proposal in connection with the agenda of the General Meeting to be held on March 2, 2020.


GM - submissions


GM - submissions appendix



Extraordinary information
February 6, 2020

Graphisoft Park SE’s extraordinary announcement on share repurchase



GM - Invitation
January 31, 2020

The Board of Directors of Graphisoft Park SE convenes the General Meeting of the Company on March 2, 2020


GM - Invitation



Extraordinary information
January 31, 2020

Graphisoft Park SE’s extraordinary announcement on share repurchase



Other information
January 31, 2020

Share capital, voting rights



Other information
January 29, 2020

Information on initiation of judicial review against final judgment



Other information
January 1, 2020

Share capital, voting rights





With inquiries about available offices please contact
János Kocsány, CEO
jkocsany@graphisoftpark.com
+ 36 20 661 2401