NEO Property Services Zrt. operates as Hungary's leading property and facility management company, headquartered in Budapest at Szerémi út 4. The company was founded in 1999 by WING Zrt. and has been operating in its current form since 2005 after several organizational changes.
The company manages an extensive portfolio spanning over 4 million square meters of property across approximately 4,000 buildings, while maintaining more than 10 million square meters of outdoor areas. With a workforce of approximately 700 employees, NEO provides comprehensive services including technical facility management, property management, and infrastructure management to over 170 clients.
Major clients include Corvinus University of Budapest, ELMŰ-ÉMÁSZ, Magyar Telekom, MÁV, STRABAG, and WING. The company maintains a nationwide 24-hour call center and employs 133 in-house technicians for on-site repairs. NEO holds ISO certifications in quality management, environmental management, and information security.
The company changed ownership in February 2021 when AKKO Invest Nyrt., a Budapest Stock Exchange-listed company, acquired it from WING Group for 18.5 billion Hungarian forints. In 2020, NEO achieved record results with revenues of 23.5 billion forints and pre-tax earnings of 1.7 billion forints. By 2024, annual revenues had grown to 43.3 billion forints, demonstrating consistent expansion. The company operates proprietary customer-focused facility management software and maintains integrated quality management systems across its operations.