BUWOG Geschichte, Geschäftsmodell und Management

Based on the theme of “happy living”, BUWOG has been designing, developing and managing contemporary housing solutions in Austria that are adapted to people's needs since 1951. Over the years, BUWOG has become the leading full-service provider on the Austrian residential property market.


Having grown historically, BUWOG Group GmbH’s business model today includes the three business units Asset Management (sustainable rentals and portfolio management), Property Sales (profitable sale of individual apartments, buildings and portfolios) and Property Development (planning and construction of new buildings) and therefore covers the residential sector’s entire value chain. We take advantage of synergistic effects arising from the individual business areas in order to meet the highest quality standards for our customers.


At the beginning of the 2022 financial year, the property portfolio comprised approximately 21,500 units, with a further 7,040 units under development at this time.


Numerous awards in the areas of project development, sustainability and other areas attest to the successful activity of BUWOG Group GmbH on the property market and represent the competence, commitment and professionalism of the approximately 400 employees. BUWOG has also been a holder of the berufundfamilie seal of approval for the career and family audit since fall of 2017 and was awarded the Great Place to Work certificate in 2022. As a value-oriented employer brand, the company also ranks among the top one percent of all employers in Austria.


BUWOG Group GmbH is a subsidiary of Vonovia SE, Europe's leading residential company, whose headquarters are based in Bochum (Germany).

Our business fields

Asset Management

Top service for our customers

Asset Management at BUWOG is the historic core of the company’s business. This is where we pool our expertise in the areas of rentals, operation and the management of our own units. The portfolio is continuously optimised through active rental management as well as maintenance and investment measures.

Property Development

Built for the future

BUWOG’s new residential construction business encompasses the development of apartments for its own portfolio (rentals) as well as for direct sale following completion (condominiums). The activities are concentrated in Vienna, where BUWOG has numerous years of experience and excellent local market expertise, which provides a critical advantage in the early identification and acquisition of potential development opportunities.

Property Sales

Finding your ideal property from our portfolio

In this area of our business, we focus on the value-maximising sale of individual apartments, entire buildings and smaller portfolios from our holdings. With these properties, either the company finds that the full value potential has been reached or their profile is no longer in line with the company’s regional strategy or other factors.

BUWOG Management

Andreas Holler managing director

As managing director of BUWOG Group GmbH, Andreas Holler has been responsible for the areas of project development, construction management, sales and acquisitions since the end of 2013. Under Andreas Holler, BUWOG's development pipeline has been considerably expanded over the last few years – it currently has around 7,000 units under construction or in planning.

Andreas Holler managing director
Kevin Töpfer Managing Director

Kevin Töpfer has been with BUWOG in various positions since 2013. He has been commercial director since the end of 2019 and, at the beginning of 2022, he also took over as director of property management, i.e. the areas of portfolio management, property management and portfolio sales.

Kevin Töpfer Managing Director

BUWOG History

1951
Foundation

DBUWOG is established by the post-war government for the purpose of providing housing for federal employees.

1957
The first major growth step

BUWOG merges with BEWOG, which is also a non-profit company.

1970
Significant milestones

BUWOG acquires Österreichische Gemeinnützige Siedlungsgesellschaft (ÖGSG) and hands over the 10,000th apartment to its residents.

2001
New era

BUWOG ceases to be a public utility by law.

2004
Privatization

BUWOG is bought by Immofinanz AG and becomes the best-known residential real estate company in Austria.

2006
Acquisition of ESG

BUWOG takes over shares of the originally state-owned ESG in Carinthia. This is the birth of the modern BUWOG.

2010
Expansion to Germany

BUWOG ventures into the neighboring country and takes over a portfolio of 2,300 apartments in Berlin.

2012
Start of property development activities

BUWOG acquires a project development company in Berlin, thereby consolidating and expanding its position in Germany.

2013
Strategic decisions

BUWOG is beginning to actively implement its portfolio strategy through portfolio sales in Carinthia and Upper Austria as well as the expansion of the portfolio in Germany.

2014
Further growth and initial public offering

Spin-off and listing of BUWOG on the stock exchanges in Frankfurt, Vienna and Warsaw - followed by admission to the ATX; purchase of the DGAG portfolio and integration of Prelios Deutschland.

2016
Development in the north of Germany

BUWOG, currently Austria's largest listed real estate company, is expanding its new construction activities with a first project in Hamburg.

2018
Acquisition by Vonovia SE

Following acceptance of a takeover bid, BUWOG will be integrated into the DAX-listed Vonovia SE Group, Europe's leading housing company with a nationwide presence in Germany.

2019
Strategic realignment

BUWOG is now divided into three companies: BUWOG Group GmbH in Austria and BUWOG Bauträger GmbH and BUWOG Immobilien Treuhand GmbH in Germany.

70 Jahre Icon
2021
70 years BUWOG

Since its founding, BUWOG has stood for stability and security for customers and employees.