GAGFAH S.A. | |
Foundation: | 1918 |
Location: | Luxembourg City, Luxembourg |
Products: | Investments in residential property |
Key People: | Jonathan Ashley (Chairman), Thomas Zinnöcker (CEO) |
Industry: | Real estate |
Operating Income: | €348.3 million (2010)[1] |
Net Income: | €7.7 million (2010) |
Assets: | €9.262 billion (end 2010) |
Equity: | €2.303 billion (end 2010) |
Num Employees: | 1,405 (FTE, average 2010) |
Homepage: | www.gagfah.com |
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.
Around 28% of the company was owned by various funds managed by the Fortress Investment Group.
In 2015, GAGFAH merged with Deutsche Annington and was renamed Vonovia.[3]