# Bundesimmobiliengesellschaft > company **Wikidata**: [Q1006210](https://www.wikidata.org/wiki/Q1006210) **Wikipedia**: [English](https://en.wikipedia.org/wiki/Bundesimmobiliengesellschaft) **Source**: https://4ort.xyz/entity/bundesimmobiliengesellschaft ## Summary Bundesimmobiliengesellschaft (BIG) is an Austrian state-owned real estate company founded in 1992 by the Austrian Federal Government, headquartered in Vienna. It operates as a Gesellschaft mit beschränkter Haftung (GmbH) and functions as a property manager and developer for the Austrian federal government, owning and managing a significant portfolio of federal buildings across Austria. ## Key Facts - **Official Name:** Bundesimmobiliengesellschaft m.b.H. - **Inception:** July 17, 1992 - **Founded By:** Austrian Federal Government - **Legal Form:** Gesellschaft mit beschränkter Haftung (GmbH) - **Headquarters:** Hintere Zollamtsstraße 1, 1031 Vienna, Austria - **Country:** Austria - **Industry:** Real estate company - **Ownership:** Owned by Österreichische Beteiligungs AG (since 2019) - **Parent Organization:** Österreichische Beteiligungs AG - **Employees:** 923 (2018), 928 (2017) - **Website:** http://www.big.at - **Instance Of:** Business, state-owned enterprise - **Legal Entity Identifier:** EXKDMVYZD1BRX1AH7433 - **VIAF ID:** 122942659 - **IDREF ID:** 161670547 - **Freebase ID:** /m/06zkt27 - **Crunchbase ID:** bundes-immobilien-gesellschaft - **Wikipedia Sitelinks:** 4 (Arabic, Commons, German, English) - **Logo:** Available on Wikimedia Commons ## FAQs **What is Bundesimmobiliengesellschaft?** Bundesimmobiliengesellschaft (BIG) is Austria's federal real estate company, established in 1992 to manage and develop properties owned by the Austrian federal government. It functions as a state-owned enterprise under the legal form of a GmbH (limited liability company) and is responsible for the federal government's real estate portfolio. **Who owns Bundesimmobiliengesellschaft?** Bundesimmobiliengesellschaft is owned by Österreichische Beteiligungs AG (ÖBAG), the Austrian Federal Holding and Corporate Control Company. The ownership transfer to ÖBAG occurred in 2019, consolidating federal corporate holdings under a single umbrella organization. **What does Bundesimmobiliengesellschaft do?** BIG serves as the Austrian federal government's primary real estate manager and developer. It owns, manages, and develops properties for government use, including office buildings, cultural institutions, and other federal facilities. The company handles the federal real estate portfolio, ensuring proper maintenance, development, and utilization of government-owned properties. **Where is Bundesimmobiliengesellschaft headquartered?** BIG is headquartered in Vienna at Hintere Zollamtsstraße 1, postal code 1031. The company operates throughout Austria, managing federal properties in multiple states (Bundesländer). **How many employees does Bundesimmobiliengesellschaft have?** BIG employed 928 people in 2017 and 923 people in 2018, according to company financial reports from those years. **What is the legal structure of Bundesimmobiliengesellschaft?** BIG is registered as a Gesellschaft mit beschränkter Haftung (GmbH), which is the Austrian equivalent of a limited liability company. This legal structure provides the company with operational flexibility while maintaining full state ownership. **What is the company's relationship to other Austrian state enterprises?** BIG is part of Austria's portfolio of state-owned enterprises, operating under the supervision of Österreichische Beteiligungs AG. The company has a subsidiary relationship with Q126489355 and maintains connections to Austria's broader federal corporate structure. ## Why It Matters Bundesimmobiliengesellschaft plays a critical role in Austria's public infrastructure management. As the federal government's real estate arm, BIG is responsible for maintaining and developing properties that serve essential government functions, including offices, cultural institutions, and public buildings. The company's work directly impacts the Austrian government's operational efficiency and its ability to serve citizens. The significance of BIG extends beyond mere property management. As a state-owned enterprise, it represents Austria's approach to managing public assets efficiently while generating returns that benefit the federal budget. The company's activities in property development and management contribute to urban planning in Austrian cities, particularly Vienna, where many federal buildings are concentrated. BIG's role became more prominent in 2019 when it was integrated into Österreichische Beteiligungs AG, reflecting Austria's strategy of consolidating state-owned enterprises under unified corporate governance. This restructuring aimed to improve coordination and strategic oversight of Austria's federal holdings. The company's operations also have cultural and historical significance, as it manages properties that house important cultural institutions and historical buildings owned by the Austrian federal government. This responsibility requires balancing modern property management practices with heritage preservation. ## Notable For - **State Ownership:** Operates as a wholly-owned federal enterprise under the Austrian government's corporate holding structure - **Real Estate Portfolio:** Manages a diverse portfolio of federal properties across Austria, including government offices, cultural institutions, and specialized facilities - **Corporate Integration:** Part of Österreichische Beteiligungs AG's portfolio of federal companies since 2019 - **Vienna Presence:** Headquarters located in Vienna's government district at Hintere Zollamtsstraße - **Employee Base:** Maintains a workforce of approximately 900-930 employees - **Legal Entity Recognition:** Holds a legal entity identifier (LEI) for financial and regulatory purposes ## Body ### History and Foundation Bundesimmobiliengesellschaft was established on July 17, 1992, by the Austrian Federal Government as part of broader efforts to professionalize the management of federal real estate assets. The creation of BIG represented a shift from direct government ownership and administration of properties toward a more corporate approach to public real estate management. The founding of the company occurred during a period of organizational reform in Austria's federal administration, when the government sought to improve efficiency in managing its extensive property portfolio. By establishing a dedicated company to handle real estate matters, the federal government aimed to achieve better cost control, professional property management, and strategic development of its assets. ### Corporate Structure and Ownership BIG operates as a Gesellschaft mit beschränkter Haftung (GmbH), the Austrian standard form for limited liability companies. This legal structure allows the company to conduct commercial activities while maintaining clear government ownership and oversight. The company is owned by Österreichische Beteiligungs AG (ÖBAG), Austria's federal holding company that manages the government's stakes in state-owned enterprises. In 2019, BIG became part of the ÖBAG portfolio, consolidating Austria's various federal corporate holdings under unified governance. This integration aimed to enhance strategic coordination among state-owned enterprises and improve overall corporate governance. The company's headquarters are located at Hintere Zollamtsstraße 1 in Vienna's 1031 district, positioning it in close proximity to other federal government institutions. ### Business Operations As a real estate company, BIG's primary business involves managing, developing, and maintaining properties owned by the Austrian federal government. The company's operations encompass several key areas: - **Property Management:** Overseeing the day-to-day operations of federal buildings, including maintenance, security, and facility management - **Property Development:** Planning and executing construction and renovation projects for government facilities - **Portfolio Management:** Strategic planning for the federal real estate portfolio, including acquisitions, dispositions, and optimal utilization of properties - **Tenant Relations:** Managing relationships with government agencies and other tenants occupying federal properties The company serves as the central entity for federal real estate matters, working with various government ministries and agencies to meet their accommodation needs. ### Workforce and Human Resources BIG employs approximately 900 people, with 923 employees reported in 2018 and 928 in 2017. The company's workforce is engaged in various functions including property management, construction and renovation, finance, legal affairs, and corporate administration. The employee figures demonstrate the company's significant operational scale and its role as a substantial employer in Austria's property and facilities management sector. ### Financial and Regulatory Identification BIG maintains various identifiers across financial and regulatory systems: - **Legal Entity Identifier (LEI):** EXKDMVYZD1BRX1AH7433 — a unique 20-character identifier assigned to legal entities participating in financial transactions - **VIAF ID:** 122942659 — the Virtual International Authority File number for library and bibliographic references - **IDREF ID:** 161670547 — the French national authority file identifier - **Freebase ID:** /m/06zkt27 — the company's identifier in Google's knowledge graph - **Crunchbase ID:** bundes-immobilien-gesellschaft — the company's profile in the business intelligence database These identifiers enable the company to be referenced accurately across international databases, financial systems, and knowledge repositories. ### Digital Presence and Media BIG maintains an online presence through its official website at http://www.big.at, where it provides information about its portfolio, services, and corporate activities. The company has a presence on Wikipedia in four language versions (Arabic, German, English, and Commons), reflecting its status as a notable Austrian state enterprise. The company also has a Commons category for media files related to the organization. ### Relationship to Austrian Federal Structure BIG operates within Austria's federal system of government, serving as an instrument of federal policy in managing public assets. The company is connected to Austria's broader ecosystem of state-owned enterprises, which includes companies in sectors such as energy, telecommunications, and transportation. The company's integration into Österreichische Beteiligungs AG in 2019 reflects Austria's approach to corporate governance for state-owned enterprises, which aims to balance public policy objectives with commercial efficiency. ### Geographic Context As an Austrian company headquartered in Vienna, BIG operates primarily in Austria's federal territory. The company's properties are distributed across Austria's nine states (Bundesländer), with concentrations in Vienna and other major cities where federal government functions are concentrated. Vienna serves as both the company's headquarters and the location of many federal properties it manages, including government offices, museums, and other public institutions. ### Classification and Taxonomy BIG is classified as both a business and a state-owned enterprise in organizational taxonomies. This dual classification reflects its commercial operations combined with its public ownership and mission. The company operates in the real estate industry, specifically focusing on government and public-sector property management. The classification as a state-owned enterprise distinguishes BIG from purely private real estate companies, as its primary mission is serving the federal government's real estate needs rather than maximizing shareholder value. ## References 1. Global LEI Index 2. [Source](https://www.oebag.gv.at/portfolio/) 3. Virtual International Authority File 4. Google Knowledge Graph 5. [Source](https://www.big.at/fileadmin/user_upload/04_Investor_Relations/4_2_Finanzberichte/BIG_Geschaeftsbericht_2018.pdf) 6. [Source](http://openleis.com/legal_entities/EXKDMVYZD1BRX1AH7433)