History

Vienna-based Innovation Park Development GmbH (IPD) has been in business successfully since 1994. The shareholders of the company, which is family-owned, initially focused on commercial properties in Austria, and after the founding of IPD carried out a number of projects in Hungary. Since then IPD has been active throughout central and Eastern Europe, and has opened additional offices in Budapest and Sarajevo.

The growth outlook in these markets remains promising. Numerous companies view the region not merely as a potential source of business volume, but also as a location in which to set up operations.

IPD currently covers a spectrum that includes logistics projects, office buildings and development of shopping centres.

With twenty years' experience in Eastern Europe under its belt, IPD is well positioned to implement high-end commercial real estate projects of uncompromising quality, tailored specifically to customers' needs.

Moreover, IPD also has an existing portfolio of properties available to new partners. IPD's clients include Hungaroweiss, General Electric, DHL, Henkell & Söhnlein, Total, Esselte, Gardena, Continental, A.Schulman, Vink and many others.