Biggeorge Property announces international expansion plans

06
Oct
2024
News - Biggeorge Property announces international expansion plans #Biggeorge #development #expansion #Hungary #investment #residential

by Property Forum | Career

Hungarian developer Biggeorge Property has extended its existing portfolio with an international residential property development division (Biggeorge Homes International) in Q4 2024, and brought aboard three new leaders to successfully implement its European expansion plans. Founder and CEO Tibor Nagygyörgy welcomes János Martin CEO, Zinaida Onczay-Vojnár International Business Development Director and Gábor Bakonyi-Kiss International Investment Manager in the group’s leadership. 


János Martin MRICS joins Biggeorge Homes International Plc. from his position as director of WING's residential business unit (LIVING) and deputy CEO of WING. He graduated with a degree in Economics from the University of Pécs and later gained significant experience in investment banking. Between 2008 and 2017 he served as a strategic analyst at WING, and from 2017 he was responsible for the group's residential property developments under the LIVING brand as the business unit's director. Under his leadership, LIVING – the division he launched and successfully managed both on the strategic and operational levels – has developed nearly 2,000 residential properties, and sold more than 1,500 apartments.

Zinaida Onczay-Vojnár was a partner and the head of real estate overseeing structured financing, real estate investment advisory and raising capital at Considero Investments, before joining Biggeorge Property. She received her degree in International Economics from Corvinus University of Budapest, and her Master's degree in Real Estate from Nottingham Trent University, UK (as part of the Budapest University of Technology and Economics’ RICS course). Zinaida started her career in 2003 as head of leasing and marketing at Bank Center, before managing the regional leasing and marketing functions for the owner's Central and Eastern European real estate portfolio. From 2006 to 2010 she worked as director of office sales and marketing for the GTC and Immobilia groups, before moving to Paris, where she became head of marketing for AEW Europe CEE and later AXA IM. From 2015 to 2018, she was the international business development director of HB Reavis in the pan-European region (London, Berlin, Warsaw, Prague, Bratislava, Budapest).

Gábor Bakonyi-Kiss joins the group as International Investment Manager. After graduating from Corvinus University with a B.A. in Finance and Accounting, he received his Master's degree in Finance & Investments from the Rotterdam School of Management. He worked in Deloitte's financial advisory team on international cross-border M&A transactions with a primary focus on the Central and Eastern European region (2014-2021). Between 2021 and 2024 he worked as an investment manager for a pan-European equity fund (Laub Capital), responsible for identifying and evaluating investment opportunities, as well as managing and closing transactions (Czech Republic, Poland, Croatia, Spain, Portugal). 

Commenting on the appointments, Tibor Nagygyörgy MRICS, Founder and CEO emphasized. "We have reached an important milestone in our group, where – beyond our domestic market presence – we have also started to consider other countries in the European region from a real estate development and investment perspective. In order to successfully implement our international ambitions, we need acknowledged and seasoned real estate professionals such as János, Zinaida and Gábor, who will contribute significantly to taking Biggeorge Property's nearly 20-year success story to a new level."




New leases

  • UDH, one of Poland’s largest distributors of premium imported beers, has leased approximately 1,400 sq m of modern warehouse and office space at the Park Rysy Kraków distribution centre. The tenant, which has chosen to expand its operations in southern Poland, was once again represented by AXI IMMO.
  • Golden Star Estate has secured a long-term lease agreement with global technology solutions and consulting provider C&F for nearly 1,900 sqm of office space at the Konstruktorska Business Center. Following the transaction, the property, located in Warsaw’s Mokotów business district, is now almost fully leased. The Polish branch of C&F will officially relocate to the facility at the beginning of 2027.
  • Natland Group has committed to its long-term presence at Prague-based Rohan Business Center through a lease extension covering 2,004 sqm of office space, together with storage facilities and dedicated parking spaces, in a deal brokered by iO Partners.

New appointments

  • Indotek Group has announced the appointment of Diederik Bakker as Group Chief Investment Officer and Group Head of Asset Management. In his new role, the Dutch real estate investment professional will gradually assume responsibility for the company's ITAM (investment, transaction, and asset management) activities across 12 European countries, supporting the next phase of Indotek Group’s growth. His focus includes facilitating sound investment decisions across Europe and developing a group-level portfolio management strategy that combines local market knowledge with international asset management know-how.
  • Peakside Capital Advisors has appointed Bogi Gabrovic to advise the board and support its investment and acquisition activities in Poland. Gabrovic brings more than 25 years of CEE real estate experience to the role, having previously held senior executive positions at CTP, Golub & Company, and White Star Real Estate, where she managed transactions exceeding €2 billion.
  • Katarína Brydone, Jana Vlková and Vendula Maršová have been appointed as the first Equity Partners of Colliers’ Czech business. Brydone brings more than 20 years of experience in international real estate. Vlková has more than 25 years of experience in commercial real estate. Maršová, Partner and Head of Valuation and Advisory Services, brings more than 16 years of experience in real estate valuation and advisory.

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