In the vicinity of Városliget, in the mellow old diplomat and villa district of Zugló, the building of the former Embassy of the onetime GDR is found at 101-103 Stefánia út. IVG, as a German company, was particularly pleased to enter into possession of the property. After the renovation the building offers a modern office space of about 5,320 m2, with parking spaces in an underground garage, a roof terrace and a neat garden.