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Biggeorge's investing Ft 90 billion

Hungarian real estate group Biggeorge's Holding has altogether fourteen investments underway in Hungary, valued at a total Ft 90 billion, daily Magyar Hírlap reported, quoting president and chief executive Tibor Nagygyörgy.

Biggeorge's Holding has seven subsidiaries, Biggeorge's-NV, Otthon Centrum, HC Központ,, E-otthon, BG Hitel & Lízing and BG Risk, which operate independently on the real estate market. Last year Otthon Centrum alone sold 4,900 new homes, worth a combined Ft 100 billion.

Biggeorge's-NV Ingatlanfejlesztő Zrt, the holding company's real estate development unit, is currently overseeing fourteen development projects and controls Biggeorge's-NV Alapkezelő Zrt, a fund manager. (Magyar Hírlap)