NILEG Immobilien Holding

from Wikipedia, the free encyclopedia
NILEG Immobilien Holding GmbH
legal form GmbH
Seat Hanover
sales 25 million EUR (only NILEG Norddeutsche Immobiliengesellschaft mbH)
Branch Real estate industry

NILEG building in Hanover

The NILEG Immobilien Holding GmbH is an agency in Northern Germany. It manages around 28,500 rental apartments in its own portfolio and around 3,600 apartments in third-party inventory. Their turnover is around 230 million euros . It belongs to the private equity company Fortress Investment Group LLC and is now part of the Vonovia Group via GAGFAH .

NILEG originally stood for the Lower Saxony L andes e ntwicklungs g ompany . As a subsidiary of NORD / LB, NILEG was responsible for the administration of their housing stock in northern Germany . In July 2005 the private equity company Fortress Investment Group LLC bought NILEG from NORD / LB for a purchase price of around 1.5 billion euros. It is incorporated into GAGFAH .

Subsidiaries

The NILEG Immobilien Holding GmbH includes

  • WGNorden Housing Association North
  • OWG Osnabrück housing associations
  • WBN Housing Lower Saxony
  • NILEG North German real estate company

Individual evidence

  1. Annual financial statements for the 2018 financial year in the Federal Gazette

Web links