The DeWAG Structure
The DeWAG group consists of the DeWAG Objektgesellschaften (property-owning companies) and DeWAG Management GmbH.
DeWAG Objektgesellschaften
The DeWAG Objektgesellschaften operate as property owners; so they also act as buyers and sellers. They are held by a real estate fund, ‘The Archstone German Fund’.
DeWAG Management GmbH
DeWAG Management GmbH is responsible for the asset management of the properties. Its business areas include management, development, letting and sales. DeWAG Management GmbH is also responsible for purchasing new real estate on behalf of the DeWAG Objektgesellschaften.
The Archstone German Fund
In 2006, the American housing company Archstone purchased a majority share in the DeWAG group. The following year, all DeWAG properties became incorporated in one real estate fund, ‘The Archstone German Fund’. Besides the 16.46% share held by Archstone, the fund’s investors include institutional investors, i. e. reputable European pension funds and insurance companies.