Biggeorge Property
Biggeorge Property is a vertically integrated Hungarian real estate developer (residential, logistics, office, hotel) operating through subsidiaries including Biggeorge Homes, Logstar, GroundUp, Urbanrent, and Biggeorge REIT, serving private buyers, enterprise tenants, and institutional investors across Budapest and Hungary.
- Company typePrivate
- Founded2000
- HeadquartersBudapest, Hungary
- Headcount251–500
- GTM typeB2B and B2C
- OfferingServices
What Biggeorge Property does
Biggeorge Property (legal entity: Biggeorge Property Nyrt; website operator: BN Ingatlanfejlesztő Zrt.) is a vertically integrated Hungarian real estate development group headquartered in Budapest, operating through wholly-owned subsidiaries spanning the full real estate value chain: residential development (Biggeorge Homes), logistics/industrial development (Logstar), construction/general contracting (GroundUp, est. 2017), leasing and property management (Urbanrent), real estate fund management (Biggeorge Fund Management), and REIT operations (Biggeorge REIT). The group develops and sells apartments, logistics facilities, Class A and BREEAM-certified office buildings, and boutique hotels (Emerald Hotel & Suites, Paris Maison) across Budapest, Lake Balaton, and select secondary cities (e.g., Debrecen, Győr, Székesfehérvár, Tata).
Its core technology is conventional sustainable building engineering rather than software or AI: post-2018 residential developments incorporate geothermal heating, ceiling cooling-heating systems, LED lighting, smart meters, thermal insulation, and green roofs, with buildings achieving AA+ energy classification. The flagship Waterfront City project (Óbuda, Danube bank) is positioned as a 'smart city' district with green roofs, smart functions, and ceiling cooling-heating across multiple phases targeting 1,400+ apartments on 5 hectares. Group scale includes HUF 158 billion+ in managed project portfolio value, 2,291 apartments under construction, 2,067 apartments already built, 160,000 m2 under management, and 400,000 m2 of logistics development pipeline.
The business model is hybrid: one-time sale revenue from developed residential, commercial, industrial, and logistics properties is complemented by recurring managed-services revenue from property/leasing management (Urbanrent), fund management (Biggeorge Fund Management), and REIT operations (Biggeorge REIT). Customer segments split between private residential buyers and investors (long-tail), and enterprise/corporate clients (DPD, Rudolph Logistik Gruppe, AUDI Hungary via Panopa Logistik, Trans-Sped, One Broadcast) on the logistics/industrial side. The group also offers real estate investment products through the Budapest Stock Exchange (BÉT Xbond, BÉT Xtend). Pricing is quote-based across both residential and B2B channels, with no public list pricing. Distribution is direct: sales offices, website inquiry forms, and dedicated investor relations (János Szuda). The group is led by founder and CEO Tibor Nagygyörgy.
Biggeorge Property firmographics
Firmographics- Name
- Biggeorge Property
- Legal name
- Biggeorge Property Nyrt
- Website
- https://biggeorgeproperty.hu
- Company type
- Private
- Founded year
- 2000
- Operating status
- Operating
- Headcount range
- 251–500 employees
- Short description
- Biggeorge Property is a vertically integrated Hungarian real estate developer (residential, logistics, office, hotel) operating through subsidiaries including Biggeorge Homes, Logstar, GroundUp, Urbanrent, and Biggeorge REIT, serving private buyers, enterprise tenants, and institutional investors across Budapest and Hungary.
- Ownership category
- akta.pro rank
Biggeorge Property industry classification
Industry- Product category
- Real Estate Development
- NAICS
- Real Estate (531), Real Estate Property Managers (53131), Residential Property Managers (531311), Lessors of Miniwarehouses and Self-Storage Units (53113), Lessors of Other Real Estate Property (53119)
- SIC
- Real Estate Dealers (For Their Own Account) (6532), Real Estate Investment Trusts (6798), Land Subdividers & Developers (No Cemeteries) (6552), General Bldg Contractors - Residential Bldgs (1520), Real Estate Agents & Managers (For Others) (6531)
- akta.pro primary industry
- Real Estate Development Asset Management (Project/Construction-to-Stabilization) (BPAJAMAL)
- akta.pro secondary industries
- Residential Real Estate Asset Management (BPAJAMAA), Office Real Estate Asset Management (BPAJAMAG), Hospitality (Hotels & Resorts) Asset Management (BPAJAMAE)
Keywords
Where Biggeorge Property is headquartered
LocationHeadquarters
- HQ city
- Budapest
- HQ country
- Hungary
- HQ region
- Europe
Offices1 record
Markets served
Biggeorge Property business model
Business model- GTM type
- B2B and B2C
- Offering type
- Services
- Cost components
- Supply Chain, Operations, Personnel, Marketing or Sales, Infrastructure, Technology or R&D
Revenue model
- Real Estate Development Sales: Primary revenue from selling developed residential, commercial, industrial, and logistics properties. The company develops and sells apartments, office buildings, and industrial facilities. Properties include Waterfront City residential complex, Westside Garden, and various Logstar Park logistics facilities.
- Property Management and Leasing: Asset management services through UrbanRent subsidiary for properties owned by investors who purchased from Biggeorge Property. Full range of services from condition assessment to complete operation.
- Fund Management: Biggeorge Fund Management Plc. provides real estate-related investment opportunities for private and institutional investors. Revenue from managing real estate investment funds.
- Construction Services: GroundUp subsidiary provides professional building construction solutions. Mission to provide complete, professional building construction solutions of outstanding quality.
- REIT Operations: Biggeorge REIT manages property and asset management, in addition to selling and purchasing own real estate, creating real estate investment schemes.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| One time/ perpetual license | Pay-as-you-go | Residential properties - Price upon inquiry |
Go-to-market motion1 record
Distribution channels4 records
Marketing channels5 records
Biggeorge Property product offering
Product offeringCore offering
Biggeorge Property is Hungary's market-leading integrated real estate development group that develops, sells, and leases residential, commercial office, logistics/industrial, and hotel properties across Budapest, Lake Balaton, and other Hungarian regions. The group operates through specialized subsidiaries covering the full real estate value chain: residential development (Biggeorge Homes), construction (GroundUp), logistics (Logstar), property leasing and management (Urbanrent), real estate fund management (Biggeorge Fund Management), and REIT operations (Biggeorge REIT), managing a portfolio of development projects worth more than HUF 158 billion.
Product overview
Biggeorge Property is Hungary's market-leading integrated real estate development company operating through multiple specialized subsidiaries. The core offering spans residential developments (Biggeorge Homes with projects like Waterfront City, Westside Grand, Cosmo Residence, Silverbay Residence, Szemesbay Resort), industrial/logistics properties (Logstar brand including LogStar Parks), commercial office buildings (Bécsi Corner, Parkway, Bethlen, Pauler Corner), boutique hotels (Emerald Hotel & Suites, Paris Maison), and supporting services including fund management, property leasing/management (Urbanrent), construction (GroundUp), and REIT operations. The company manages projects worth over HUF 158 billion across Budapest and Lake Balaton.
Differentiator
Problem solved
Functional benefit
Brands
- Biggeorge Homes: Residential real estate brand of Biggeorge Property offering apartments, villa parks, and waterfront properties in Budapest and Lake Balaton.
- Logstar
- Biggeorge Fund Management
- GroundUp
- Urbanrent
- Biggeorge REIT
- City Collection
- LogStar Park
Products and services
- Waterfront City Smart city district development on 5 hectares along the Danube in Óbuda, Budapest, featuring 1,400+ apartments, green roofs, smart functions, ceiling cooling-heating systems, and sustainable design; awarded FIABCI World Prix d'Excellence in 2025. Targeted at homebuyers and investors.
- Biggeorge Homes (Biggeorge Otthonok) Residential Brand
Quantifiable outcome
- AA+ energy classification for residential buildings, higher than required standards
- +3 more outcomes
Companies that use Biggeorge Property
Customer profileNamed customers6 records
Segments4 records
Ideal customer profiles3 records
Biggeorge Property technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature4 records
Biggeorge Property partnerships and signals
Strategic signalPartnerships
Ten partnerships are on record, tiered minor and core.
- Óbuda GroupminorArchitectural and design partner for various development projects.
- ZDA-Zoboki Építésziroda Kft.coreLead architect Gábor Zoboki designed Sasad Liget large-scale residential development spanning over 13 hectares in Budapest's 11th district.
- Tér 64 Stúdió Kft.coreArchitectural partner that designed Sasad Liget phases 3 and 4 with individually tailored apartments and spacious layouts.
- 3H ÉpítészirodaminorArchitectural partner for development projects.
- CÉHminorArchitectural partner for various development projects.
- ModelartminorArchitectural partner for development projects.
- OK2 Építész IrodaminorArchitectural partner for development projects.
- GroundUp Építőipari Kft.coreConstruction subsidiary established in 2017 to provide complete, professional building construction solutions. Provides in-house construction capabilities for Biggeorge Property developments.
- UrbanRent Management Kft.coreProperty management subsidiary providing leasing and operation services for investment properties purchased from Biggeorge Property. Full service from condition assessment to complete operation.
- A-K ConstructioncoreJoint venture partner with Biggeorge Property for AUDI Logistics built-to-suit development in Győr, a 72,000 sqm project completed in 2013.
Scale indicators6 records
Recent moves8 records
Expansion highlights6 records
Biggeorge Property competitors and assessment
Company assessmentDirect peers
- WING: WING is one of Hungary's largest privately held real estate development and investment companies, active in office, retail, hotel, and residential developments in Budapest and CEE. Comparable to Biggeorge Property as a top-tier Hungarian integrated developer with sustained market presence.
- Futureal Group: Futureal Group is a major Hungarian and CEE real estate developer behind landmark projects including Budapest's Etele Plaza and other mixed-use schemes. Directly comparable to Biggeorge Property in scale, Budapest focus, and large mixed-use development expertise.
- DVM Group: DVM Group is a Hungarian-based real estate development company with activities in residential, office, and logistics properties. Comparable to Biggeorge Property in product breadth and Hungarian market focus.
- Indotek Group: Indotek Group is a leading Hungarian real estate investment and property management firm with significant office and retail portfolios in Budapest. Comparable to Biggeorge Property as a Hungarian integrated real estate owner and operator.
Broad incumbents
- CPI Property Group: CPI Property Group is one of the largest CEE real estate owners and developers, with significant Hungarian assets and pan-European institutional scale. Comparable to Biggeorge REIT and Fund Management operations.
- GTC (Globe Trade Centre): GTC is a leading CEE real estate developer and asset manager operating offices, retail, and mixed-use properties across Hungary, Poland, Romania, and Serbia. Comparable to Biggeorge Property in office and asset management focus, though wider geographic and product breadth makes it a broader incumbent.
- Skanska Property Hungary: Skanska's Hungarian operations develop and lease commercial office and residential properties. A broader international incumbent with deep sustainability credentials, comparable to Biggeorge Property on green buildings and office development.
Regional players
- HB Reavis: HB Reavis is a CEE-focused commercial real estate developer (offices, mixed-use) with projects across Hungary, Slovakia, Poland, and Czechia. Comparable to Biggeorge Property's office and commercial development activity in the same CEE geography.
- CA Immo: CA Immobilien Anlagen AG is a Vienna-listed real estate specialist focused on office properties across Austria, Germany, and CEE markets including Hungary. Comparable to Biggeorge Property's office and asset management capabilities.
- Atenor: Atenor is a Belgian-listed real estate developer with offices and residential projects across Belgium, France, Germany, Romania, Hungary, and Poland. Comparable to Biggeorge Property in large-scale sustainable office/residential development in Hungary and CEE.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
Biggeorge Property social profiles
Digital presenceBiggeorge Property financial estimates
Financial estimateRevenue estimate
Valuation estimate
Biggeorge Property leadership team
Management profileNumber of profiles
Profiles2 records
Biggeorge Property subsidiaries and ownership
Company hierarchySubsidiaries6 records
Biggeorge Property funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Biggeorge Property 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 Biggeorge Property
What does Biggeorge Property do?
Biggeorge Property is Hungary's market-leading integrated real estate development group that develops, sells, and leases residential, commercial office, logistics/industrial, and hotel properties across Budapest, Lake Balaton, and other Hungarian regions. The group operates through specialized subsidiaries covering the full real estate value chain: residential development (Biggeorge Homes), construction (GroundUp), logistics (Logstar), property leasing and management (Urbanrent), real estate fund management (Biggeorge Fund Management), and REIT operations (Biggeorge REIT), managing a portfolio of development projects worth more than HUF 158 billion.
Is Biggeorge Property a public or private company?
Biggeorge Property is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Biggeorge Property founded?
Biggeorge Property was founded in 2000. It employs 251 to 500 people.
Where is Biggeorge Property based?
Biggeorge Property is headquartered in Budapest, Hungary, in the Europe region.
How does Biggeorge Property make money?
Five revenue lines are on record. Real Estate Development Sales are the primary driver. The others are property Management and Leasing, fund Management, construction Services and REIT Operations.
Who are Biggeorge Property's main competitors?
Direct peers on record are WING, Futureal Group, DVM Group and Indotek Group. Broad incumbents are CPI Property Group, GTC (Globe Trade Centre) and Skanska Property Hungary. Regional players are HB Reavis, CA Immo and Atenor.
Does Biggeorge Property have an API?
No public API is recorded for Biggeorge Property.
What industry is Biggeorge Property in?
Biggeorge Property's product category is Real Estate Development. Its primary akta.pro industry code is BPAJAMAL, Real Estate Development Asset Management (Project/Construction-to-Stabilization), with a secondary code of BPAJAMAA, Residential Real Estate Asset Management. Its NAICS code is 531 and its SIC code is 6532.