Budapesti Ingatlan Nyrt
Budapesti Ingatlan Nyrt. is a publicly traded Hungarian SZIT/REIT that develops, owns, and operates a diversified Budapest real estate portfolio spanning offices, hotels, parking facilities, and residential projects, serving corporate tenants, hotel operators, and individual buyers via direct sales.
- Company typePublic
- Founded1994
- HeadquartersBudapest, Hungary
- Headcount11–50
- GTM typeB2B
- OfferingServices
What Budapesti Ingatlan Nyrt does
Budapesti Ingatlan Nyrt. (BIF) is a publicly traded Hungarian real estate investment company operating under the SZIT (Szabályozott Ingatlanbefektetési Társaság) regulated REIT regime, listed on the Budapest Stock Exchange since 1998 and on the premium segment since October 2018. The company, headquartered at Bajcsy-Zsilinszky út 57 in Budapest, develops, manages, and maintains a diversified property portfolio entirely within Budapest across four asset classes: offices (nine buildings including BIF Tower, Major Udvar, Major Park, Flórián Udvar, BIF LOFT, Bajcsy, Bihari, Vígadó Palace, and Victor Hugo), hotels (4-star Madách Hotel and 3-star BIF Hostel), parking facilities (Aranykéz and Flórián garages totaling 692 spaces), and residential projects (Attila99LOFT serviced residences, Harsánylejtő Kertváros apartments and development plots, and the planned Andrássy 80+82 boutique hotel).
BIF's core technology is property-asset operations rather than proprietary software; notable technical / platform components include a BREEAM-certified green office (Major Udvar), the Parkl-integrated automated parking access system, a dedicated mobile app for Attila99LOFT residents, and keycard-coded elevator access at BIF LOFT. The company has no disclosed AI, ML, or proprietary software stack; competitive differentiation is primarily location-driven (prime Budapest districts — CBD, District 12, District 13, Óbuda) and certification-driven (BREEAM, heritage-grade renovations).
The business model combines recurring rental income from long-term office and hotel leases, transaction-based parking revenue (hourly / daily / monthly at Aranykéz and Flórián), and one-time sales from residential apartments and development plots. Pricing is quoted in Hungarian Forints and ranges from 3,800 HUF/sqm/month net for B-class offices to 5,800 HUF/sqm/month net for premium A-class space; parking runs from 600 HUF/hour to 135,122 HUF/month. GTM is sales-led and direct: a four-person sales team (Hargitai Linda, Tóth Zsuzsanna, Soczó Edina, plus investor relations lead dr. Kalicz Anita) handles leasing and sales through the bif.hu corporate website and direct outreach, with no third-party distribution. Customer segments are primarily B2B corporate office tenants and a single 4-star hotel operator for the hospitality anchor, supplemented by individual residential buyers and parking customers. The company owns one wholly-owned operating subsidiary, Harsánylejtő Kft., supporting its residential development pipeline.
Budapesti Ingatlan Nyrt firmographics
Firmographics- Name
- Budapesti Ingatlan Nyrt
- Legal name
- Budapesti Ingatlan Nyrt. (SZIT/REIT)
- Website
- https://bif.hu
- Company type
- Public
- Founded year
- 1994
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Budapesti Ingatlan Nyrt. is a publicly traded Hungarian SZIT/REIT that develops, owns, and operates a diversified Budapest real estate portfolio spanning offices, hotels, parking facilities, and residential projects, serving corporate tenants, hotel operators, and individual buyers via direct sales.
- Ownership category
- akta.pro rank
Budapesti Ingatlan Nyrt industry classification
Industry- Product category
- Commercial Real Estate
- NAICS
- Real Estate Property Managers (53131), Funds, Trusts, and Other Financial Vehicles (525), Traveler Accommodation (7211), Residential Property Managers (531311), Other Financial Vehicles (52599)
- SIC
- Real Estate Investment Trusts (6798), Operators Of Nonresidential Buildings (6512), Hotels, Rooming Houses, Camps & Other Lodging Places (7000), Operators Of Apartment Buildings (6513), Land Subdividers & Developers (No Cemeteries) (6552)
- akta.pro primary industry
- Hospitality (Hotels & Resorts) Asset Management (BPAJAMAE)
- akta.pro secondary industry
- Hospitality (Hotel) Property Management (BPAJAGAG)
Keywords
Where Budapesti Ingatlan Nyrt is headquartered
LocationHeadquarters
- HQ city
- Budapest
- HQ country
- Hungary
- HQ region
- Europe
Offices1 record
Markets served
Budapesti Ingatlan Nyrt business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Operations, Personnel, Infrastructure, Marketing or Sales, Technology or R&D
Revenue model
- Office Rental Income: BIF generates recurring rental income from its portfolio of office buildings across Budapest, including Category A and B office spaces leased to business tenants.
- Hotel Property Leasing: Long-term leasing of hotel properties to hotel operators. The Madách Hotel is 100% rented under long-term agreement with a 4-star hotel operator.
- Parking Services: Hourly, daily, and monthly parking revenue from parking garage operations including Aranykéz (459 cars capacity) and Flórián (233 spaces) parking facilities.
- Residential Property Sales: Development and sale of residential properties including the Harsánylejtő Kertváros garden city project with 80 apartments and development plots.
- Development Plot Sales: Sale of development land parcels including Harsánylejtő development area with 66 plots of 1500-2500 m2 each.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Unit Pricing | Monthly | Aranykéz Parking - Hourly rate |
| Unit Pricing | Monthly | Flórián Parking - Hourly/Daily/Monthly rates |
| Subscription | Monthly | Victor Hugo Office Building - Category B offices |
| Subscription | Monthly | Bihari Office Building - Small offices |
| Subscription | Monthly | BIF LOFT - Loft office space |
| Subscription | Monthly | Flórián Udvar - Premium offices |
Go-to-market motion1 record
Distribution channels2 records
Marketing channels3 records
Budapesti Ingatlan Nyrt product offering
Product offeringCore offering
Budapesti Ingatlan Nyrt (BIF) develops, owns, and manages a diversified real estate portfolio in Budapest comprising 9 office buildings, 2 hotels, 2 parking garages, and 3 residential projects. The company generates revenue primarily through long-term rental agreements for office and hotel space, hourly/daily/monthly parking services, and the sale of residential apartments and development plots. BIF operates as a regulated Hungarian REIT (SZIT), listed on the Budapest Stock Exchange since 1998.
Product overview
Budapesti Ingatlan Nyrt (BIF) is a Hungarian real estate investment company (REIT/SZIT) operating a diversified property portfolio across Budapest. The company offers: Office buildings including BIF TOWER, Major Udvar, Major Park, FLÓRIÁN UDVAR, BIF LOFT, BAJCSY OFFICE BUILDING, BIHARI OFFICE BUILDING, VÍGADÓ PALACE, and VICTOR HUGO OFFICE BUILDING; Hotels including MADÁCH HOTEL and BIF HOSTEL; Parking facilities including ARANYKÉZ PARKING GARAGE and Flórián Parking Garage; and Residential developments including Harsánylejtő Kertváros, Attila99LOFT, and the Andrássy 80+82 project. The portfolio spans Class A and B office properties, multi-level parking facilities, hospitality properties, and residential projects across Budapest's districts.
Differentiator
Problem solved
Functional benefit
Brands
- Attila99LOFT: Luxury apartment house offering hotel-quality services for long-term lease tenants in Budapest
- Harsánylejtő Kertváros
- Andrássy 80+82
Products and services
- BIF Tower Office Building Premium A-category office building located at Üllői út 114-118 in Pest side of Budapest, 10-15 minutes from Liszt Ferenc International Airport. Currently 100% occupied with no available office space.
- Major Udvar Office Building BREEAM-certified A-category office building in District 12 near Déli pályaudvar station. 8,630 sqm office space with 81 parking spaces and landscaped inner courtyard. Delivered Q2 2022.
- Major Park Office Building 15,000 sqm B-category office building at Városmajor street 35 in District 12. Features planned 7-story parking house with 248 spaces. Development completed Q2 2023.
- Flórián Udvar Office Building Category A office building with 11,300 sqm total area in Óbuda center at Flórián tér. Renovated in 2008, housed in historic Hungarian Royal Tobacco Factory building with cast iron structures. Features 233 parking spaces and garden-terraced restaurant.
- BIF LOFT Office Building Modern loft-type office building at Üllői út 114-116 near M3 subway station. Under transformation with loft offices of 147-440 sqm each featuring industrial design, keycard-coded elevators, and animal-friendly environment.
- Bihari Office Building B-category office space in District 10 near Ecseri út metro station. 6 floors with office areas ranging 18.75-180 sqm, small office format with traditional cell design. 50 parking spaces available.
- Vígadó Palace Office Building Fully renovated office building in downtown Budapest CBD near Vörösmarty tér and Danube river bank. 7 floors with 1,800 sqm office area per floor and 350 parking spaces. Currently 100% occupied.
- Victor Hugo Office Building B-category office building at Victor Hugo utca 18-22 in District 13. Home to Budapest's largest internet exchange center (BIX). Office areas 20-100 sqm with excellent digital infrastructure.
- Bajcsy Office Building Planned 23,300 sqm A-category office building at Bajcsy-Zsilinsky út 57 near Nyugati station. Will feature major atrium combining classic and modern architecture with 324 parking spaces. Development in progress.
- Madách Hotel 4-star hotel at Madách Square 3-4 in Budapest city center. 5 floors, 6,000 sqm, 100% occupied under long-term agreement. Recently refurbished with high utilization rates.
- BIF Hostel 3-star hotel renovated in 2011 at Üllői út 114-118 in District XX. 6 floors with 82 rooms, suitable for leisure and business use. Located 15 minutes from Liszt Ferenc International Airport near M3 metro line.
- Aranykéz Parking Garage Parking garage in central District 5 near Váci utca and Vörösmarty tér. 459 car capacity across 5 levels, operating 24/7 with evening discounts. Includes car wash and restaurant facilities.
- Flórián Parking Garage 5-story parking house with 233 parking spaces in Óbuda center next to Flórián Square. 24/7 operation with keycard and ticketing access system. Easy access via Árpád Bridge.
- Harsánylejtő Kertváros Residential Development Suburban residential development with 80 apartments in green area of Óbuda at foot of Hármashatárhegy forest. 16 blocks of 5 apartments each, with units from 55 sqm to penthouse apartments with panoramic terraces. Basement garages connected by elevator.
- Attila99LOFT Residential Building Luxury apartment building at Attila út 99 offering hotel-quality services for long-term rentals. 16 apartments with 24-hour concierge, fitness, wellness, inner garden, dedicated mobile app, and automated parking. First of its kind in Hungary.
- Andrássy 80+82 Development Project Boutique hotel development on World Heritage Andrássy Street at numbers 80 and 82. Planned 70-room 4-star hotel with 5,800 sqm total area and exclusive internal park. Development in progress.
Companies that use Budapesti Ingatlan Nyrt
Customer profileSegments4 records
Ideal customer profiles4 records
Budapesti Ingatlan Nyrt technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Budapesti Ingatlan Nyrt partnerships and signals
Strategic signalScale indicators2 records
Recent moves6 records
Expansion highlights5 records
Budapesti Ingatlan Nyrt competitors and assessment
Company assessmentBroad incumbents
- CPI Property Group: Largest CEE real estate conglomerate with diversified office, retail, hospitality and residential assets across the region; comparable as a broad incumbent in the same property sub-categories that BIF operates in.
- Immofinanz: Austrian commercial real estate company with office and retail assets across CEE; comparable as an established regional player in BIF's primary asset class.
- GTC: CEE-focused commercial real estate investor and developer with office, retail and mixed-use assets including in Hungary; comparable as a regional incumbent operating in BIF's market.
- S IMMO: Austrian-listed real estate investor with commercial assets in CEE; comparable as a regional incumbent operating in the same geography and asset categories as BIF.
Direct peers
- CA Immobilien Anlagen: Austrian-listed REIT specialized in office properties across Germany, Austria and CEE; one of the closest publicly listed office-focused comparables for BIF's office-heavy portfolio.
- Futureal Group: Hungarian-founded real estate developer with significant office and mixed-use projects in Budapest and other CEE capitals; comparable for office development pipeline in BIF's home market.
- HB Reavis: Slovak-headquartered office developer active across CEE including Budapest; comparable for office development pipeline and Grade-A office positioning similar to BIF's A-category stock.
- WING: Hungarian real estate development and investment group with mixed-use office, retail and hotel holdings in Budapest, comparable in geography and asset mix to BIF's diversified Budapest portfolio.
- Indotek Group: Hungarian real estate investment and management firm with a diversified portfolio of offices, retail and logistics in Budapest; comparable for asset mix and operational model in the same local market.
- Atrium European Real Estate: CEE-focused real estate company with income-producing retail and office properties; comparable as a publicly listed CEE property investor with a multi-country, multi-asset approach.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights6 records
Customer concentration
Budapesti Ingatlan Nyrt social profiles
Digital presenceBudapesti Ingatlan Nyrt compliance and trust
Trust signalCompliance1 record
Budapesti Ingatlan Nyrt financial estimates
Financial estimateRevenue estimate
Valuation estimate
Budapesti Ingatlan Nyrt leadership team
Management profileNumber of profiles
Profiles4 records
Budapesti Ingatlan Nyrt subsidiaries and ownership
Company hierarchySubsidiaries1 record
Budapesti Ingatlan Nyrt funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Budapesti Ingatlan Nyrt M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Budapesti Ingatlan Nyrt
What does Budapesti Ingatlan Nyrt do?
Budapesti Ingatlan Nyrt (BIF) develops, owns, and manages a diversified real estate portfolio in Budapest comprising 9 office buildings, 2 hotels, 2 parking garages, and 3 residential projects. The company generates revenue primarily through long-term rental agreements for office and hotel space, hourly/daily/monthly parking services, and the sale of residential apartments and development plots. BIF operates as a regulated Hungarian REIT (SZIT), listed on the Budapest Stock Exchange since 1998.
Is Budapesti Ingatlan Nyrt a public or private company?
Budapesti Ingatlan Nyrt is a public company. It is classified as public and is currently operating.
When was Budapesti Ingatlan Nyrt founded?
Budapesti Ingatlan Nyrt was founded in 1994. It employs 11 to 50 people.
Where is Budapesti Ingatlan Nyrt based?
Budapesti Ingatlan Nyrt is headquartered in Budapest, Hungary, in the Europe region.
How does Budapesti Ingatlan Nyrt make money?
Five revenue lines are on record. Office Rental Income is the primary driver. The others are hotel Property Leasing, parking Services, residential Property Sales and development Plot Sales.
Who are Budapesti Ingatlan Nyrt's main competitors?
Broad incumbents on record are CPI Property Group, Immofinanz, GTC and S IMMO. Direct peers are CA Immobilien Anlagen, Futureal Group, HB Reavis, WING, Indotek Group and Atrium European Real Estate.
Does Budapesti Ingatlan Nyrt have an API?
No public API is recorded for Budapesti Ingatlan Nyrt.
What industry is Budapesti Ingatlan Nyrt in?
Budapesti Ingatlan Nyrt's product category is Commercial Real Estate. Its primary akta.pro industry code is BPAJAMAE, Hospitality (Hotels & Resorts) Asset Management, with a secondary code of BPAJAGAG, Hospitality (Hotel) Property Management. Its NAICS code is 53131 and its SIC code is 6798.