Graphisoft Park To Attract Talent
The origins 1982: Hungarian garage start up: Graphisoft software company First 3D on a PC (64Kbyte) Focus on global market Focus on Architectural design: ArchiCAD 1998: IPO in Frankfurt 2007: acquisition by Nemetschek Today: the largest company of Nemetschek Group and a WW leader in 3D architectural design (BIM)
The origins Key to succes: Attracting talent It was easy in ’82: No domestic competition Strict travel restrictions More difficult since ’90 Competition with Silicon Valley 1996: Founding Graphisoft Park The mission: To attract talent
Best location Requirements: Quiet, pleasant environment, inspiring creative work Space for virtually unlimited growth Easy and secure car parking Within easy commute to the city center After a year of intensive search we found it: The site of the former Obuda Gasworks
Best location Emphasis on green and architecture with a welcoming feel Trees are taller than the buildings Footprint is less than zoning regulation allows Cars are underground Picturesque direct riverfront
Easy commute to the city center 2018.11.27.2018.11.27.
Even ferry connection is available 2018.11.27.2018.11.27.
The concept worked 2018.11.27.2018.11.27.
Development Milestones
1998: Moving in 2018.11.27.2018.11.27.
2002: Microsoft expansion
2004: The first biotech lab 12 2018.11.27.
2006: SAP Labs: 7000 sqm office + 1000 sqm gym, canteen, etc.
2006: Servier labs, their only R&D center outside of France
Project management, leasing, and maintenance in one hand
Significant leap in growth in 2006 33,000 sqm office and lab, 800 underground carpark on 8ha Separation from the software company August 2006: Graphisoft Park is publicly traded on the Budapest Stock Exchange 2008-9: 40% increase in offices and 125% increase in land: 12,600 sqm new office space, with 500 underground car park built and 10 ha new land purchased 2018.11.27.2018.11.27.
12,600 sqm new office building
2014: Aquincum Campus: AIT + IBS 2018.11.27.2018.11.27.
In historic buildings 2018.11.27.2018.11.27.
Classes 2018.11.27.2018.11.27.
Personal mentoring
2016-18 developments SAP triples its investment in Graphisoft Park: 13,000 sqm additional office space (21,000 sqm total) Demands from other tenants and startup firms 3 new developments: SAP extension Startup House South Park
2016-18 developments
Startup House Graphisoft Park 2018.11.27. copyright Grafisoft Park, 2008
SAP extension Graphisoft Park 2018.11.27. copyright Grafisoft Park, 2008
South Park
Key figures by the end of 2018 75,000 sqm office, lab and education sapce (GLA: 82,216 sqm) Underground garages for 2000 cars (+ 360 surface parking within the Park) 10 restaurants and cafes €77M net debt (less than 30% LTV) 97% occupancy Further development potential for 57,500 sqm net office space
Tenants: Private or publicly listed international IT firms Graphisoft Park 2018.11.27. Tenants: Private or publicly listed international IT firms SAP Microsoft Graphisoft Servier Canon Thales nanotechnology Silicon Labs Microsec ... and 70 small or medium size IT firm copyright Grafisoft Park, 2008
High tentant loyalty Key long term tenants: Graphisoft R&D: since 1998 Microsoft: since 1998 Silicon labs: since 2000 DS Smith: since 2000 Canon: since 2001 SAP: since 2005 Sevier: since 2007 Averages across all tenants: over 11.6 years average lease term from commecement average 5.5 years unexpired lease term
Completed office space and historic occupancy
Historic P/L
Thank you for your interest in Graphisoft Park