BUWOG AG becomes BUWOG Group GmbH

1/28/19

Following the successful takeover of the BUWOG Group by the German company Vonovia SE, on 16 November 2018 the shareholder squeeze-out resolved at the Annual General Meeting of BUWOG AG on 2 October 2018 was entered in the Commercial Register in accordance with the Austrian Squeeze-Out Act.

The legal form has now been changed, with immediate effect. BUWOG AG has been operating in Austria as BUWOG Group GmbH since 25 January 2019. Management of BUWOG Group GmbH consists of Andreas Holler (development management), Valerija Karsai (property management) and Clemens Taschée (commercial management). Daniel Riedl, formerly CEO of BUWOG AG, continues to be in charge of the entire Austrian business as well as development in Germany, now as management board member of Vonovia SE.

 

About BUWOG Group GmbH

BUWOG Group Gmbh is the leading full-service provider in the Austrian residential property market and now looks back on 67 years of expertise. Its property portfolio encompasses approximately 21,300 units and is located in Austria. In addition to Asset Management, the entire value chain of the residential sector is covered by Property Sales and Property Development. BUWOG Group GmbH is a subsidiary of Vonovia SE, Europe's leading residential company, whose headquarters are in Bochum (Germany).

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Ms. Natascha Toegl
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