Image: BIG/David Schreyer
The Federal Real Estate Company (BIG), a 100 percent subsidiary of the state holding company Öbag, increased sales from 1.3 to 1.4 billion euros in 2023. Rental income rose from 886.3 million to more than one billion euros, which BIG justifies with purchases, completions and new rentals. The portfolio includes 2031 properties. The operating result rose from 745.4 to 834.5 million euros: 250 million euros will be paid out to the Republic in the form of a stable dividend. 865 million euros were invested in construction and renovation projects as well as maintenance; this year it is expected to be one billion euros.
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