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GWG Group IFM Contract

28.04.2021, 18:51

GWG Group IFM Contract

The Gesellschaft für Wohnungs- und Gewerbebau Baden-Württemberg (GWG Group) has awarded STRABAG PFS an integrated facilities management contract at the “Quartier der Generations” development in Hamburg’s HafenCity.

The contract provides for maintenance, inspection and repair services to all technical building systems installed in 11 five to seven-storey buildings (representing some 370 residential units), and in underground car parks.

In addition, the facility services provider will assume responsibility for cleaning of communal areas, landscaping, winter services relating to outdoor facilities, and water and flood protection of residential properties located directly on the banks of the River Elbe.

Implementation of the five-year contract commenced on 1 April, with STRABAG PFS self-delivering hard services at the development which occupies an area of 18,000 sq. metres in HafenCity. 

All apartments in the complex which is being developed as a response to a crisis in affordable housing, are publicly subsidised or offered at discounted rents to residents of all ages, ranging from students and apprentices to families and senior citizens. A number of supervised dwellings are also available for people with disabilities, with the site also featuring local shops and restaurant amenities.

The GWG group which was established in 1950 is a subsidiary of the R + V insurance group which specialises in residential real estate. Headquartered in Stuttgart, the group operates as a portfolio holder, project developer and property developer – as well as a service provider for third parties, and currently manages around 15,000 residential and commercial units across Germany. With a consolidated balance sheet total of around € 1.3 billion, the GWG Group is one of the country’s most renown mid-sized housing providers. 

CAMFIL HVAC Filtration Solutions

Staff Reporter covers the latest news, trends and opinion from the facilities management (FM) and corporate real estate (CRE) sectors. The FM market is currently estimated to be worth USD 1 trillion annually and is projected to grow at a compounded annualised rate of approximately 5% between now and 2026.

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