GAGFAH (Gemeinnützige Aktiengesellschaft für Angestellten-Heimstätten) was a Luxembourg-based realty company.[2] It owned a portfolio of more than 145,000 rental units in Germany, particularly concentrated in Dresden and Berlin.
 | |
| Company type | Société Anonyme |
|---|---|
| FWB: GFJ | |
| Industry | Real estate |
| Founded | 1918 |
| Headquarters | Luxembourg City, Luxembourg |
Key people | Jonathan Ashley (Chairman), Thomas Zinnöcker (CEO) |
| Products | Investments in residential property |
| €348.3 million (2010)[1] | |
| €7.7 million (2010)[1] | |
| Total assets | €9.262 billion (end 2010)[1] |
| Total equity | €2.303 billion (end 2010)[1] |
Number of employees | 1,405 (FTE, average 2010)[1] |
| Parent | Reichsversicherungsanstalt für Angestellte German National Association of Commercial Employees  |
| Website | www.gagfah.com |
Around 28% of the company was owned by various funds managed by the Fortress Investment Group.[citation needed]
In 2015, GAGFAH merged with Deutsche Annington and was renamed Vonovia.[3]
References
edit- ^ a b c d e "Annual Report 2010" (PDF). GAGFAH. Retrieved 5 May 2011.
- ^ "GAGFAH about us". Archived from the original on 2008-06-28. Retrieved 2008-01-11.
- ^ "Merged Deutsche Annington and Gagfah named Vonovia". Reuters. 19 March 2015.
External links
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