GRI 2-1, 2-2, 2-6

Originally established in 1953 to provide apartments for Volkswagen employees, we have also been offering our apartments in Wolfsburg on the free housing market since 1994 as a wholly owned subsidiary of the Volkswagen Group.

With roughly 9,500 residential units, Volkswagen Immobilien GmbH is the second-largest apartment provider in Wolfsburg and a leading provider of property services within the Volkswagen Group worldwide. In 2023, the company and its 383-strong workforce generated annual sales of €170.7 million. In the commercial property sector, we assist Volkswagen AG, its brands and its subsidiaries with property management. We are actively involved in helping our dedicated subsidiaries¹ in Germany and abroad oversee the construction, development and operation of commercial properties.

Our portfolio comprises everything from project planning to turnkey construction plus day-to-day operational management. Furthermore, Volkswagen Immobilien acts as an investor and general contractor and advises all Volkswagen Group brands globally on construction and property projects.

In recent years, Volkswagen Immobilien has developed and completed a number of major projects for clients from across the Volkswagen Group. Our references include numerous dealership properties for Volkswagen, Audi, Porsche, Seat and Škoda; logistics spaces in Wolfsburg and Braunschweig; and special properties such as the MobileLifeCampus and the Volkswagen Arena.

¹ VWI subsidiaries (as of December 31, 2023, 99% consolidation and up): Volkswagen Immobilien Investment GmbH, Volkswagen Immobilien Management GmbH, Volkswagen Immobilien BLUE GmbH & Co. KG, Volkswagen Immobilien BLUE 2 GmbH & Co. KG, Volkswagen Immobilien Property GmbH & Co. KG, Audi Immobilien GmbH & Co. KG and VGRE SK, VGRE PL, VGRE CZ