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2001
2001
DeWAG Deutsche WohnAnlage GmbH is founded.
Private equity investments by an investment company belonging to the US insurance company Prudential Financial Inc., as well as other noteable European pension funds, allow the holding company to expand.
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2004
2004
DeWAG acquires a portfolio of about 1,200 residential units in the district of Niederursel in Frankfurt. The buildings are subjected to major renovation in the following years and revitalised, with the majority being enhanced by the addition of balconies of up to 12 square metres in size.
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2006
2006
The renowned American housing company Archstone acquires a majority share in DeWAG with the aim of securing and continuing the expansion.
DeWAG acquires several real estate portfolios, including the residential complex in Kronberg in the Taunus region, later to be known as Parks Avenue. The property undergoes high quality refurbishment in the following years, with the addition of nine exclusive penthouse apartments.
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2007
2007
The DeWAG portfolio becomes a substantial part of the real estate fund initiated by Archstone: 'The Archstone German Fund'. Several renowned European institutional investors, i. e. predominantly European pension funds and life insurance funds, participate in the fund, thus enabling further consistent growth.
By the end of the year, the portfolio comprises approximately 8,000 residential units.
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2008
2008
DeWAG purchases a further 3,000 apartments in the metropolitan regions of Berlin, Hamburg, Cologne and Munich.
The property in Dortmund’s Kreuzviertel district which was modernised by DeWAG is awarded the city’s Façade Prize.
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2009
2009
Dr. Joachim von Klitzing joins the management board, heading the law and finance departments.
DeWAG purchases further high quality property portfolios, including over 1,000 apartments in the metropolitan regions of Cologne, Dusseldorf and Munich.
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2010
2010
DeWAG acquires additional property portfolios comprising 1,100 residential units in the conurbations of Cologne, Dusseldorf and Munich.
The law bookseller, Sack, opens new premises in a DeWAG property in the centre of Dusseldorf. A largely vacant shopping arcade is revitalised: It is fully gutted and rebuilt as a generously proportioned commercial space.
