

Allbau Managementgesellschaft mbH
Allbau GmbH: A Leading Real Estate Company in Essen
editThe Allbau GmbH is a renowned housing and service company based in Essen. With a comprehensive portfolio of 17,653 rental apartments in 2,790 houses, as well as 256 commercial properties and 5,329 garages and parking spaces, it is the largest real estate provider in the city of Essen[1].
Key Products and Services
editAllbau offers a wide range of services, including property management, property development, urban and district development, and facility management. Die Allbau Managementgesellschaft mbH, a 100% subsidiary, is responsible for the management and development of the properties[1].
Mission and Values
editAllbau's mission is to achieve an optimal balance between economic performance, sustainable urban development, and social balance in residential areas. The company is committed to holistic urban development and integrates the goals of the city of Essen into its strategy[1].
Sustainability Goals and Initiatives
editAllbau is involved in various urban redevelopment projects and area developments to promote sustainable and future-oriented urban design. Examples include projects such as the Grüne Mitte Essen and the Cranachhöfe in Holsterhausen[1]. By integrating the urban development goals of the city of Essen into its corporate strategy, Allbau contributes to the creation of livable and sustainable neighborhoods.
History and Structure
editAllbau was founded in 1919 as a non-profit construction company to alleviate the housing shortage after the First World War. Today, the city of Essen is the main shareholder with 84.99% of the shares, followed by Sparkasse Essen with 15.01%[1]. Allbau is part of the real estate competence center of the city of Essen, the Immobilien Management Essen (IME), which further strengthens the coordination and efficiency of municipal property management[1].