Non-profit German housing association
| Non-profit German housing association mbH | |
|---|---|
| legal form | GmbH |
| founding | 1923 |
| resolution | 2007 |
| Reason for dissolution | liquidation |
| Seat | Dusseldorf |
The Gemeinnützige Deutsche Wohnungsbaugesellschaft mbH (Deutschbau) was a state-owned housing construction company that existed from 1923 to 2007.
history
Deutschbau was founded in 1923 as a state housing association to build apartments for the Reichsmarine . At the end of the Second World War it came under the control of the Allied Sequester , but was reassigned to the federal government when the Federal Republic of Germany was founded . Branches were founded in Düsseldorf , Hanover , Hamburg , Frankfurt and Munich . The company built a large part of the apartments for state employees and barracks in what was then federal territory. The residential buildings were mainly to be found in residential areas around the Bundeswehr , post , rail and BGS service buildings.
In 1997 the federal government and the federally owned Deutsche Post AG sold the housing company to Veba Immobilien AG (from 1998: Viterra ) and Deutsche Immobilien Anlagegesellschaft mbH of Deutsche Bank AG for more than DM 2 billion. The new owners each took over 50% ( 58.3 percent from the federal government and 41.7% from Deutsche Post AG ) of the shares and committed themselves to full tenant protection of 38,000 apartments at the time. In addition, they committed themselves to let the company exist for 10 years and not to increase rent for five years. In 2004, Viterra increased its stake in Deutschbau from 50 to 99%.
Viterra was bought by Deutsche Annington in 2005 .
After the specified conditions had expired, most of the properties were transferred to Deutsche Annington (now Vonovia).
Example building
Residential buildings in front of the former Briesen barracks
Deutschbau housing estate from 1970 (Flensburg-Weiche around 1980)
Deutschbau blocks of flats for members of the US armed forces in Germany.
Typical Kasernbau the Bundeswehr from 1958 (Flensburg-Soft to 1975)
Individual evidence
- ↑ Shut up and renovate , Der Spiegel from January 28, 1959
- ^ A b Bund sells Deutschbau , Der Tagesspiegel of May 2, 1997
- ↑ Disposal / utilization of federal companies: Direct holding companies of the federal government (status: March 2017) , bundesfinanzministerium.de , PDF file, p. 9
- ↑ Viterra strives for lucrative metropolitan areas Eon's apartment daughter increases stake in Deutschbau , table of contents of the Financial Times Deutschland from December 1, 2004 on genios.de
- ^ Deutsche Annington takes over Viterra , strom-magazin.de, May 18, 2005