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» Financial enterprise » Investment company » Topics begins with F » Fortress Investment Group LLC


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The Fortress Investment Group LLC is an US-American investment company (legal form Limited Liability company) with seat in New York town center. It was created 1998, has world-wide about 300 coworkers and administers a participation capital of approximately 15 billion US Dollar.

The German subsidiary is the Fortress Germany GmbH in Frankfurt/Main. Fortress belongs to the large real estate companies on the German housing market.

In September 2004 Fortress acquired the GAGFAH (among other things with 81.000 dwellings) of the Federal Social Insurance Institution for employees for 2.123 billion euro.

In July 2005 Fortress bought the NILEG real estates getting thing (consisting of housebuilding Lower Saxony, WG the north and the housing company) with among other things with 28.500 flat lets for rent in the own inventory of the NORD/LB for 1.5 billion euro.

In March 2006 Fortress acquired the WOBA Dresden GmbH (lives 47,000 dwellings, each fifth Dresden in a dwelling of the WOBA) of the city Dresden for 1.75 billion euro.

Fortress would like to bring a Immobilenholding still which can be created to 2006 toward at the end of or at the beginning of of 2007 to the stock exchange. However the companies Gagfah and Nileg are folded up before and reduced by compensations the personnel status substantially. Likewise Fortress saves funds for maintenance, since the means are lowered and a substantial selection of the handicraft enterprises was made.

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