Budapesti Ingatlan Hasznositasi es Fejlesztesi Nyrt
BBUD:BIF220.00
HUF
-6.00
(-2.65%)
ISIN
HU0000167986
Return %
Stock
S&P 500
1Y
-42.41
14.20
3Y
-54.17
81.12
5Y
-13.39
68.34
Capital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Semi-annual Revenue
HUF
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in mil. unless spec.Semi-annual Earnings Per Share
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in mil. unless spec.Company Description
- Full Time Employees
- 69
- Sector
- Finance
- Industry
- Real estate development
- Address
- Budapest Hungary
- IPO Date
- Feb 16, 1998
- Website
- bif.hu
- Similar Companies
- Business
- Budapesti Ingatlan Hasznosítási és Fejlesztési Nyrt. is a Hungary-based real estate investment and development company operating as a Regulated Real Estate Investment Company (SZIT/REIT) that specializes in the acquisition, development, leasing, and management of prime commercial and residential property assets. Founded in 1994 and headquartered in Budapest, Hungary, the company concentrates its operational and investment activities primarily within the Budapest metropolitan real estate market across two core divisions: Property Utilization and Property Development. Budapesti Ingatlan Hasznosítási és Fejlesztési Nyrt. provides a systematic portfolio of properties and real estate services, including the leasing, asset management, and facility maintenance of Category A and Category B commercial office buildings, including BIF Tower, Flórián Udvar, Major Udvar, Victor Hugo Irodaház, and Bajcsy-Zsilinszky Irodaház; ownership and leasing of hospitality properties, including the Kastélyhotel Sasvár resort; residential community master-planning and multi-apartment condominium development, highlighted by the multi-phase Harsánylejtő project in Budapest District III; subdivision and direct sales of fully serviced residential construction plots and development land; operation and management of structured multi-storey parking garages and surface parking facilities; and comprehensive property renovation, revitalization, and utility infrastructure construction services. The company serves a diverse client base comprising multinational corporations, small and medium-sized enterprises, public institutions, retail businesses, and individual residential property buyers. In recent company developments, Budapesti Ingatlan Hasznosítási és Fejlesztési Nyrt. completed the full revitalization and conversion of the former Posta Hotel into the Category A BIF Tower office complex, advancing the property to 100 percent leasing occupancy; achieved full occupancy at its modernized Major Udvar office complex; and concluded a major long-term anchor lease agreement covering approximately 40 percent of the gross leasable area at Flórián Udvar, bringing the building to full occupancy for 2025 operations. Furthermore, the company expanded its operating scope through its subsidiary Harsánylejtő Kft. with the corporate acquisition of hospitality firm Marischka Kft., and entered into strategic credit and financing agreements with MBH Bank Nyrt. to fund continued property revitalization, sustainability upgrades, and portfolio enhancement initiatives.