BIG

What BIG does

BIG (Bundesimmobiliengesellschaft m.b.H.) is an Austrian federal real estate company wholly owned by Österreichische Beteiligungs AG (ÖBAG), the state holding entity of the Republic of Austria. Realised in its current statutory form under the Federal Real Estate Act (Bundesimmobiliengesetz) in 2001 and headquartered in Vienna (Trabrennstraße 2c, 1020 Wien), the firm owns and manages a portfolio of 2,028 properties spanning 7.8 million m² with a fair value of EUR 18.9 billion and total assets of EUR 20.7 billion (Annual Report 2025). Its mandate is the lifecycle management of public-purpose real estate: ~400 schools, more than 200 university buildings serving all 22 Austrian universities and the Austrian Academy of Sciences, ~800 special properties (prisons, courts, Ministry of Interior facilities), and, through its wholly-owned subsidiary ARE Austrian Real Estate (founded 2012), ~590 office and residential properties in integrated urban developments. Approximately 500,000 people enter and exit BIG buildings each day.

The company is structured around four operating divisions — Schulen (Schools), Universitäten (Universities), Spezialimmobilien (Special Properties), and Objekt & Facility Management (OFM) — plus Bau- & Projektmanagement for construction project delivery, supported by 12 OFM regional teams and six state-level school offices. The technology stack is a conventional enterprise real estate management platform covering portfolio and asset management, construction and project management, facility management, and an e-invoicing portal (erechnungen.big.at) compliant with EU Directive 2014/55/EU. A dedicated Energie & Nachhaltigkeit function coordinates a EUR 2 billion decarbonisation programme to 2040, and the BIG ART programme integrates permanent and temporary art installations across the portfolio. The firm follows the Austrian Code of Corporate Governance and is led by two Geschäftsführer (Gerald Beck and Christine Dornaus) under a supervisory board chaired by Klaus Kumpfmüller.

BIG's revenue model is built on three streams: (1) recurring rental income from public sector tenants, dominated by the Federal Ministry of Education (BMBWF), 22 universities, the Federal Ministry of the Interior (BMI), and the Federal Ministry of Justice (BMJ); (2) construction and project management services for new builds, refurbishments, and historic renovations, including landmark projects such as the JKU Linz Juridicum, the University of Vienna main library, the Ballonhalle for the Academy of Fine Arts Vienna, and the Bildungscampus Klagenfurt; and (3) facility and object management services delivered through OFM. Group revenue of EUR 1.6 billion (Annual Report 2025) is supported by EUR 1 billion of annual construction, refurbishment, maintenance, and decarbonisation investment, securing or creating approximately 9,300 jobs annually across more than 2,000 local construction companies. There is no commercial sales motion; all demand generation is institutional, through direct government contracts, public tenders, and architectural competitions.

Name

BIG

Legal name

Bundesimmobiliengesellschaft m.b.H.

Website

https://big.at

Company type

Private

Founded year

2001

Operating status

Operating

Headcount range

501–1,000 employees

Short description

BIG is an Austrian state-owned real estate company managing 2,028 public-purpose properties (schools, universities, special facilities) worth EUR 18.9 billion, serving the Austrian federal government, its ministries, and all 22 Austrian universities through long-term direct contracts.

Ownership category

akta.pro rank

Product category

Public Real Estate Management

NAICS

Nonresidential Building Construction (2362), Corporate, Subsidiary, and Regional Managing Offices (551114)

SIC

Operators Of Nonresidential Buildings (6512), Operative Builders (1531)

akta.pro primary industry

Residential Real Estate Asset Management (BPAJAMAA)

akta.pro secondary industry

Office & Corporate Building Construction (IMAFACAA)

Keywords

• Public real estate management
• Educational property services
• Facility management
• Construction project management
• Government property leasing

Headquarters

HQ city

Vienna

HQ country

Austria

HQ region

Europe

Offices6 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Operations, Infrastructure, Personnel, Technology or R&D, Supply Chain

Revenue model

1. Rental Income from Public Properties: BIG generates revenue primarily through renting out owned and managed properties to public sector tenants, including schools, universities, government buildings, and special properties. Largest tenants are the Federal Ministry of Education, the 22 Austrian universities, and the Federal Ministries of Interior and Justice.
2. Construction & Project Management Services: BIG charges for project management, construction management, and advisory services for new builds, refurbishments, and maintenance of educational and public buildings. Services include site selection, studies, design, construction management, and procurement.
3. Facility & Object Management Services: Facility management services provided through the OFM division covering technical and commercial property management, tenant management, maintenance coordination, and comprehensive building management services for BIG properties and external clients.

Go-to-market motion1 record

Distribution channels5 records

Marketing channels6 records

Core offering

BIG is an Austrian state-owned real estate company that owns, develops, and manages approximately 2,028 public infrastructure properties covering 7.8 million m² across Austria. It operates through three core portfolio segments — Schulen (schools), Universitäten (universities), and Spezialimmobilien (special properties such as prisons and court buildings) — providing full lifecycle services from site selection and construction through ongoing facility management for federal ministries, all 22 Austrian universities, and the Academy of Sciences.

Product overview

BIG (Bundesimmobiliengesellschaft) is an Austrian real estate company managing over 2,000 properties worth approximately EUR 18 billion. The company operates through distinct portfolio segments: Schools (approximately 400 properties), Universities (over 200 properties), and Special Properties (around 800 properties), plus its subsidiary ARE Austrian Real Estate (approximately 590 office and residential properties). Service offerings include Object & Facility Management (OFM) for property lifecycle support and Construction & Project Management. The BIG ART initiative integrates art into properties. BIG is not a technology product company but a real estate owner, developer, and manager focused on public infrastructure.

Differentiator

Problem solved

Functional benefit

Brands

• BIG ART: Artistic interventions and art projects at selected BIG buildings, particularly universities and schools, managing art collections within properties
• BIG ART

Products and services

• Schulen (Schools Portfolio)
• Universitäten (Universities Portfolio)
• Spezialimmobilien (Special Properties Portfolio) Management of around 800 special properties with security considerations such as prisons, court buildings, and facilities for the Federal Ministry of the Interior and Ministry of Justice, covering approximately 600,000 square meters.
• ARE Austrian Real Estate Wholly-owned subsidiary of BIG focusing on office and residential properties, managing approximately 590 properties and conducting fully integrated urban development projects.
• Objekt & Facility Management (OFM) Comprehensive property and facility management services delivered through 12 teams providing on-site property management, technical and commercial administration, tenant management, maintenance, and coordination of external service providers across Austria.
• Bau- & Projektmanagement Construction and project management services including consulting on location selection, conducting studies, design planning, project management, and procurement for new builds, refurbishments, and complex historic building renovations.
• Energie & Nachhaltigkeit Energy and sustainability consulting services including decarbonisation planning, fossil fuel phase-out, building envelope upgrades, digitalisation, smart building management, and renewable energy integration for BIG's portfolio.
• BIG ART Art program integrating permanent and temporary art projects at selected public buildings, managing several thousand artworks and heritage objects across the property portfolio, particularly at universities and schools.

Quantifiable outcome

• 500,000+ people use BIG buildings daily
• +4 more outcomes

Named customers5 records

Segments4 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Partnerships

Five partnerships are on record, tiered core and minor.

• ARE Austrian Real Estate GmbHcoreStrategic or Co-development Partner · 1 January 2012Subsidiary company (100% owned by BIG) focusing on office and residential property management and urban development. Founded in 2012, ARE has developed into a significant player on the Austrian real estate market, managing approximately 590 office and residential properties.
• Federal Ministry of Education, Science and Research (BMBWF)coreOthersBIG's largest single customer for school properties. The ministry commissions BIG to build, manage, and maintain federal school infrastructure across Austria. BIG delivers construction projects and ongoing facility management services.
• 22 Austrian Universities and the Austrian Academy of SciencescoreOthersBIG serves all 22 Austrian universities and the Academy of Sciences as their primary property management and development partner. Services range from space planning to full lifecycle management of academic buildings.
• Federal Ministry of the Interior (BMI) and Federal Ministry of Justice (BMJ)coreOthersBIG manages special properties for the Ministry of Interior and Ministry of Justice, including prisons, court buildings, and other security-related facilities under the Spezialimmobilien division.
• BOKU University (Universität für Bodenkultur Wien)minorStrategic or Co-development PartnerBIG supports a new endowed chair at BOKU University focused on 'Sustainable Design and Construction in the sense of the New European Bauhaus'. The professorship, led by Prof. Axel Körner, focuses on bio-based materials and timber construction. BIG gains research insights applicable to its own construction projects.

Scale indicators15 records

Recent moves7 records

Expansion highlights2 records

Broad incumbents

• CBRE Group: Global commercial real estate services and investment firm offering asset management, project management, and facilities services across institutional and government clients. Overlaps with BIG's portfolio and facility management capabilities at much greater scale and commercial breadth.
• Jones Lang LaSalle (JLL): Global professional services firm specialising in real estate and investment management, including government and public-sector advisory. Comparable to BIG on the asset management, project management, and FM service lines but operating commercially across many geographies.

Direct peers

• Statsbygg: Norwegian government's key advisor and manager of public property, owning and developing state buildings including universities, cultural sites, and government offices. Comparable in mandate, public ownership, and integrated construction-management role.
• Senaatti-kiinteistöt (Senate Properties, Finland): Finnish state-owned real estate company providing work environment and property services to government agencies, research institutions, and universities. Operates under a similar federal mandate model with university properties as a core segment.
• Bundesanstalt für Immobilienaufgaben (BImA): Germany's federal real estate agency, managing federal properties including administrative, military, and educational buildings. Most direct structural analogue to BIG as a state-owned portfolio owner and developer for federal clients in a neighbouring DACH market.
• Direction de l'immobilier de l'État (DIE): France's central state real estate directorate managing the federal property portfolio, optimising state-owned property use, and overseeing construction and refurbishment of government buildings. Matches BIG's institutional owner-manager role.
• Rijksvastgoedbedrijf: Dutch central government real estate agency managing offices, courts, prisons, and educational buildings for the Dutch state. Closely matches BIG's mandate of owning, developing, and managing a state property portfolio across institutional use cases.
• UK Government Property Agency: UK executive agency managing the central government estate, including office consolidation, property transactions, and government workplace strategy. Direct peer in delivering real estate services to federal ministries on a national scale.

Regional players

• Immofinanz AG: Vienna-based commercial real estate company owning and developing office and retail properties across Austria and CEE. Provides regional comparison on Austrian property investment, asset management, and development economics relevant to BIG's ARE subsidiary.
• CA Immobilien Anlagen AG (CA Immo): Austrian real estate investment company focused on office properties in major CEE cities, with significant presence in Vienna. Comparable Austrian regional player in commercial office development, asset management, and project management, though without BIG's public-sector mandate.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• Facebookfacebook.com/bundesimmobiliengesellschaftmbh

Revenue estimate

Valuation estimate

Number of profiles

Profiles18 records

Subsidiaries1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments1 record

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about BIG