Market-leading property management company now fully owned by the founder Wing
2019-05-06
WING, Hungary’s leading property company, has become the full owner of the country’s number one property management company STRABAG Property and Facility Services Zrt. by indirectly acquiring an additional 51% share in the company. Following the change, the company will continue to operate under the name NEO Property Services Zrt. as of 29 April 2019. The acquisition was approved by the National Competition Authority. WING is committed to further strengthening NEO Property Services Zrt. as a leader in property-related services segment.
Market-leading property management company now fully owned by the founder WING
WING, Hungary’s leading property company, has become the full owner of the country’s number one property management company STRABAG Property and Facility Services Zrt. by indirectly acquiring an additional 51% share in the company. Following the change, the company will continue to operate under the name NEO Property Services Zrt. as of 29 April 2019. The acquisition was approved by the National Competition Authority. WING is committed to further strengthening NEO Property Services Zrt. as a leader in property-related services segment.
NEO Property Services Zrt. is the market leading Hungarian property and facility services company offering integrated solutions. Its clientele includes major Hungarian corporations that are leaders in their markets. Its predecessor was founded by WING in 1999. It has been operating in its present form since 2005 and has undergone several changes since then. The company’s operations will not be affected by the current change, and NEO Property Services Zrt. will continue to provide the high standards of services that its partners have come to expect. Preserving the company’s values and further development of its achievements will remain a top priority.
“WING is a leading Hungarian property company dedicated to partnering with, and providing word-class solutions to Hungarian and international corporations to meet their property-related needs. NEO Property Services Zrt. is perfectly positioned to support this goal. We are committed to further strengthening NEO Property Services Zrt. as a leader in the property-related services segment by improving operating efficiency and customer service, while maintaining the same standards of excellence”, said Chairman and CEO of WING Zrt.
The complex services offered by NEO Property Services Zrt. fully cover all key areas of property management, technical facility management and infrastructure management.
NEO Property Services Zrt. - facts and figures
HUF 17.8 bn annual sales revenue
4 million m² managed area and 4,000 properties
10 million m² maintained area
700 employees
In-house service staff of 133 for on-site repair
Country-wide 24/7 call centre
Integrated quality management system according to ISO 9001, 14001, ISO/IEC 27001
Proprietary and customer-focused CAFM software
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About WING
WING is the leading real estate company on Hungary’s property market, which is privately held and has a substantial project portfolio, as well as subsidiaries specialising in investment activity and property services. With operations covering all market segments, it engages in the development of offices, industrial properties, retail properties, hotels and residential properties and is the largest office space developer in Hungary. The company’s latest development projects include Hungary’s most cutting-edge and largest new office building built in a single block, Magyar Telekom’s new headquarters, the Skylight CITY office building and the new WIZZAIR training centre. The construction of the new Siemens-evosoft headquarters, the Kassák Residence, Metropolitan Garden and Park West residential parks, and the Liberty Office Building are currently in progress. Already completed projects include the Ericsson headquarters, ibis Styles Budapest Airport Hotel, the E.ON headquarters, Studium Office Building, Átrium Park, Hungarian Public Service Television’s new headquarters and production base, the company’s own headquarters, Máriássy Building, and three office buildings located at Millenáris Park. Industrial parks, namely East Gate Business Park and Southern Pest Business Park; commercial development, the Agria Park shopping mall in the town of Eger and Hegyvidék Shopping Mall in Budapest. The company owns EuroCenter mall in Budapest and Family Center in Szombathely.
For information, please contact
Csenge Mátray, WING Zrt.
Phone: +36 1 451 4760, Fax: +36 1 451 4289, Email: matraycs@wing.hu
Further news and interesting facts about WING Zrt. on the company’s social media sites: Facebook, LinkedIn, Instagram, Twitter
