BIG

BIG Federal Property Managing Company's Sales Increased Slightly

Rental income and sales proceeds of federal property managing company Bundesimmobiliengesellschaft (BIG) jumped up in H1 2016 y/y. The market value of real estates climbed to over EUR 11.2 billion (USD 12.5 billion), compared to EUR 11 billion at the end of 2015, and BIG saw the rentable floor space remain at 7 million square meters.

August 31, 2016

BIG Raised Revenues and Profits

The publicly owned Austrian Federal Real Estate Company (BIG) raised its revenues by 3.3% to € 818.9m.

May 1, 2012

Mitterlehner with Plans for Reform of ÖIAG

The Minister of Economics intends to reposition the Austrian state holding company. Markus Beyrer, the new CEO, is currently evaluating new concepts.

July 25, 2011

Real Estate Privatization: Proceeds up to € 1.5bn

According to a study, the Austrian government could generate around € 1.5bn from the partial privatization of its real estate company.

February 16, 2011

OIAG to become an infrastructure holding

The OIAG aims to become an infrastructure holding company. The federal real estate company (BIG), Verbund (energy), Asfinag (infrastructure) and parts of the ÖBB (railway) will be slowly integrated in an ÖIAG structure.

July 23, 2010
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