WAG housing facilities
| WAG Wohnungsanlagen Gesellschaft mbH
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| legal form | Company with limited liability |
| Seat | 4025 Linz, Mörikeweg 6 |
| management | Gerald Aichhorn, Johann Eisner, Horst Irsiegler |
| Number of employees | Over 220 (as of 2015) |
| sales | 141.6 million (as of 2018) |
| Branch | property |
| Website | wag.at |
The WAG Wohnungsanlagen mbH (WAG), based in Linz is an Austrian housing companies. Since the sale by the Republic of Austria in 2004, WAG has been privatized and has been operating as a commercial housing company.
WAG owns around 22,900 apartments with 1.5 million m² of usable space in the five federal states of Upper Austria , Lower Austria , Salzburg and Styria and Vienna. The core area is in Linz. In total, WAG manages 43,600 own and managed units with 1.9 million m² of usable space.
history
The WAG Wohnungsanlagen Gesellschaft was founded in 1938 as the "Housing Stock Company of the Reichswerke Hermann Göring". There has been a great housing shortage in Linz since the 1920s and the major expansion of Austrian heavy industry before the Second World War led to an increase in the need for housing. 15,000 to 17,000 apartments were to be built within a very short time. The company was established for this purpose. The first settlements emerged in the south of Linz, which still bear the old field names such as Bindermichl , Spallerhof , Hamoder, Oed or Keferfeld .
In 1944 construction work was stopped due to the war. By then, 8,138 apartments had been completed in Upper Austria , Lower Austria , Styria and Salzburg . Around 1,000 apartments under construction had to be shut down. Around a quarter of the housing stock was damaged or completely destroyed during the war. After the end of the Second World War, the ownership structure of the WAG was initially unclear. The legal protection of the housing corporation Linz was initially under an order of the American military government, according to which the provisional management, which had been acting up to that point, was appointed as trustee.
After the conclusion of the State Treaty in 1955, the "Housing Stock Corporation Linz" was re-established, 100% owned by the Republic of Austria. In 1958, the WAG began building refugee apartments.
A major construction boom set in in the early 1960s, and in 1969 it was 10,000. Apartment completed. In cooperation with the city administration of Linz, WAG signed a contract for the construction of a further 3,200 apartments. There were also municipal orders in Steyr , Kirchdorf an der Krems , Windischgarsten , Micheldorf , Spital am Pyhrn , Traisen in Lower Austria and Leoben , Voitsberg , Judenburg , Köflach and Fohnsdorf in Styria . In addition, the nationalized industry also placed orders with WAG to build 1,500 apartments in industrial communities.
1984 became the 20,000. Apartment completed. WAG developed into one of the largest non-profit housing companies in Austria. In addition to rental apartments, handicapped-accessible apartments, single-family and terraced houses, senior citizens' homes as well as old people's and nursing homes are also being built.
As a result of an amendment to the Non-Profit Housing Act (WGG), WAG has been a commercial property developer since April 1, 2001.
In 2004, the Republic of Austria, the sole owner of WAG, sold all real estate companies owned by the federal government ( BUWOG , ESG Villach, WAG, WBG and EBS Linz). Since October 2004, WAG has been owned by a consortium consisting of Raiffeisenlandesbank Oberösterreich (46%), Wiener Städtische Versicherung (25%), Oberösterreichische Landesbank (25%) and Oberösterreichische Versicherung (4%).
The company today
In 2018, WAG owned 22,900 own apartments with 1.5 million m², which are rented and managed. WAG also looks after around 260 commercial establishments and shopping centers as well as 16,000 garages and vehicle parking spaces. In addition to its own property portfolio, the company also manages third-party property. WAG's own apartments are located in more than 30 locations in five federal states.
In addition to the headquarters in Linz, WAG also operates other offices in Steyr (Upper Austria), in the city of Salzburg, in Eisenerz , Trofaiach , Judenburg and Voitsberg (Styria) and in Traisen in Lower Austria.
In addition to renting and managing its own apartments as its main field of activity, WAG builds condominiums and terraced houses as a developer. The WAG is also involved in construction supervision for social institutions such as Volkshilfe , Evangelisches Diakoniewerk , Lebenshilfe Austria and Kreuzschwestern and builds retirement homes, nursing homes, schools, kindergartens, supervised and supervised apartments and workshops for them.
In 2008, WAG received the energy star of the Province of Upper Austria for the first three-storey passive house made of wood. In 2010, as the WAG client, the Kreuzschwestern received the energy star for Austria's first passive home for the elderly and nursing home.
Web links
Individual evidence
- ↑ Annual Report 2015
- ^ History of the WAG. In: www.wag.at. Retrieved July 26, 2016 .
- ↑ About the WAG. In: www.wag.at. Retrieved July 26, 2016 .
- ↑ locations. In: www.wag.at. Retrieved July 26, 2016 .