The new company head has more than three decades of experience in the real estate market and has been working at the Wing Group since 2003.
Akko Invest is listed on the Prime Market of the Budapest Stock Exchange. Gerő has been charged with laying the foundations for further dynamic growth by building an integrated real estate services provider that, through organic growth and acquisitions, could achieve revenue exceeding HUF 100 billion within five years.
Gerő’s predecessor, Sándor Gyáfrás, retains executive positions within the Wing Group and membership of Akko’s audit committee, and has been appointed deputy chairman of Akko’s board of directors.
AKKO Invest’s major shareholder is Mevinvest Zrt., part of the Wing Group and a wholly owned subsidiary of Wingholding Zrt. Mevinvest and Wingholding are indirectly majority-held by Tibor Veres, the owner of the Wallis Group.
Key Subsidiary
Given Gerő’s objective to build an integrated real estate services provider that will grow continuously through both organic expansion and acquisitions, he says he intends to rely on the experience, expertise and values of the company’s key subsidiary, NEO Property Services Zrt., as well as on the synergies, capital strength and Hungarian and regional market growth opportunities provided by the Wing Group.
The new CEO of Akko Invest has also emphasized his commitment to efficient corporate governance and a high standard of investor communication, in line with the expectations arising from the company’s stock exchange presence.
Gerő obtained his first degree in 1993 from the Budapest University of Economic Sciences, specializing in finance and corporate valuation. He later completed a postgraduate real estate program at Nottingham Trent University in 1996. In 1999, he became one of the first members in Hungary of the Royal Institution of Chartered Surveyors (RICS).
He began his professional career at international real estate advisory firm DTZ Hungary, where he was appointed as the company’s first local managing director in 1996. He joined Wing Zrt. in 2003 and, until April 2026, served as deputy CEO responsible for transactions and business development. In this role, he led numerous large-scale acquisitions, developments, and strategic partnerships. He is a member of the board of directors of Wing Zrt. and chairman of the supervisory board of NEO Property Services Zrt.
Akko Invest closed another record year in 2025: its consolidated revenue exceeded HUF 46 billion, while EBITDA rose to nearly HUF 4 bln. NEO Property Services Zrt., founded in 1999, had revenue of HUF 46.5 bln and EBITDA of HUF 3.3 bln. The company’s activities include integrated facility management, property management, project management related to real estate developments, and condominium management.
Producing journalism that is worthy of the name is a costly business. For over 30 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.
