GAGFAH

GAGFAH S.A.
Company typeSociété Anonyme
FWBGFJ
IndustryReal estate
Founded1918
HeadquartersLuxembourg City, Luxembourg
Key people
Jonathan Ashley (Chairman), Thomas Zinnöcker (CEO)
ProductsInvestments 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]
ParentReichsversicherungsanstalt für Angestellte
German National Association of Commercial Employees Edit this on Wikidata
Websitewww.gagfah.com

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.

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

  1. ^ a b c d e "Annual Report 2010" (PDF). GAGFAH. Retrieved 5 May 2011.
  2. ^ "GAGFAH about us". Archived from the original on 2008-06-28. Retrieved 2008-01-11.
  3. ^ "Merged Deutsche Annington and Gagfah named Vonovia". Reuters. 19 March 2015.