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From Wikipedia, the free encyclopedia
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]
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