Retail property management

End-to-end operation of shopping centres, offices and hotels.

Westend (opens in new tab)Westend Offices (opens in new tab)Pólus Offices (opens in new tab)Müpa (opens in new tab)Crowne Plaza Budapest (opens in new tab)

Back to DEVO Group

Role within the group

This business area handles the day-to-day operation of the group's property portfolio, including tenant relations, technical operations, energy management and the continuous improvement of the visitor experience.

As a central part of its portfolio, DEVO provides comprehensive operational management for shopping centres, office buildings and hotels. These include Westend, Hungary's largest shopping centre, its adjoining office buildings, the four-star superior Crowne Plaza Budapest hotel, Müpa, Hungary's leading cultural events centre, and the Pólus office building.

Relevant competencies

AI-integrated property and asset management

Leasing and tenant mix

Technical operations

Energy management and ESG

Projects

Westend Shopping Centre

Budapest

Westend Offices

Budapest

Crowne Plaza Budapest Hotel

Budapest

Palace of Arts

Budapest

Polus Offices

Budapest

Sóház Offices

Budapest

More business areas

Proptech

It puts technological innovation to work in support of sustainability and value creation.

Industrial property

As an owner and developer of industrial and brownfield properties, DEVO Group takes a long-term approach to preserving, repositioning and sustainably using sites of significant industrial value. Our portfolio includes major locations such as Inota Power Plant and the Almásfüzitő industrial site, whose distinctive features offer many opportunities for future development and business. Preserving long-term value requires continuous facility management, including maintenance, energy management, green energy integration and sustainability improvements.

Film industry

Korda Studios and Korda Filmpark host both international film productions and special events, while Korda Locations provides Hungarian filming locations for domestic and international productions.

Residential development

One of DEVO Group's newly established business areas focuses on residential property and housing projects. The business area is young, but its foundations are not. The group previously carried out substantial property development as a major regional player, and we are now deliberately applying the experience gained there to housing projects.

Airport operations

Covering more than 400 hectares, Tököl Airport is DEVO Group's largest property by area and one of the portfolio assets with the greatest development potential. Located near Budapest, it handles Hungary's second-highest volume of air traffic after Liszt Ferenc International Airport and primarily serves light aircraft, private aircraft and business jets. It also hosts flight schools, professional events, motoring and aviation events, and large-scale outdoor programmes.

Security services

DEVO protects its properties through vertically integrated security operations, while also developing these services as a potentially independent, marketable business area.

Capital investments

Capital investments diversify DEVO's portfolio, use synergies between its activities and create new opportunities for growth.