Biggeorge Property REIT gets listed on Budapest Stock Exchange

27
Nov
2023
News - Biggeorge Property REIT gets listed on Budapest Stock Exchange #Biggeorge #Hungary #industrial #REIT

by Property Forum | Investment

The Budapest Stock Exchange (BSE) Standard section has welcomed Biggeorge Property REIT Nyrt. shares, owned by Biggeorge Property Zrt. This REIT has an extensive portfolio of industrial parks and is the fifth such company traded in BSE. 


This debut includes 3.785.905 shares, worth HUF 1.000 per share. The legal advisors were AegisLegal KálmánPartners and Duda and Csákó Legal Office.

The main activity of Biggeorge REIT is property and asset management, in addition to selling and purchasing own real estate.

The two companies were included in a publication called "BSE50", representing the fastest-growing middle-sized firms of the BSE. As part of the Bond Funding for Growth Scheme of the National Bank of Hungary, they also issued green bonds which were introduced lately in the BSE's Xbond platform.  

"Biggeorge REIT's 25,13% were sold before they entered the BSE. No further sales are planned at the moment", said Tibor Nagygyörgy owner and founder of Biggeorge Property Nyrt.
 




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  • Polish fashion and lifestyle brand Medicine has accelerated its domestic expansion, headlined by the opening of its largest store to date, a 985 sqm flagship at the Silesia City Center in Katowice. This strategic scale-up is mirrored by simultaneous growth in several regional markets, including a new 740 sqm unit at Magnolia Park in Wroclaw and a 600 sqm extension at Galeria Warmińska in Olsztyn. The retailer further bolstered its Silesian presence with a 500 sqm location at Pogoria Shopping Centre and a new opening at CH Platan, significantly increasing its total floor space across Poland.

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