Institute for Federal Real Estate (Germany)

Institute for Federal Real Estate

Bundesanstalt für Immobilienaufgaben
Agency overview
Formed	January 1, 2005[1]
Preceding agency	Federal Property Administration (Bundesvermögensverwaltung)[1]
Jurisdiction	Government of Germany
Headquarters	Ellerstraße 56 53119 Bonn[2]
Employees	≈ 6500[1]
Agency executives	Jürgen Gehb, Spokesman of the board[1] Gert Leis, Member of the board[1] Axel Kunze, Member of the board[1]
Parent agency	Federal Ministry of Finance[3]
Website	Bundesimmobilien.de

The Institute for Federal Real Estate (in German: Bundesanstalt für Immobilienaufgaben, abbreviated BImA) is a government agency in Germany that provides federal government entities with real estate services.^[4] It functions as a landlord in the government system of internal rent—a commercially based model for managing government real estate.^[5] The institute provides services such as renting space, facility management and real estate development.^[4] The institute itself owns a major proportion of the property it manages,^[6] and is one of the largest owners of real estate in Germany.^[4] It was estimated that within 2011, the Institute for Federal Real Estate would—due to property transfers—own and manage nearly all real estate used by the federal government of Germany.^[5]

The Institute for Federal Real Estate was established via law on January 1, 2005.^[3] It succeeded the Federal Property Administration (Bundesvermögensverwaltung), which was dismantled, and from which tasks and staff were transferred.^[3] At the same time, the Federal Forests Administration (Bundesforstverwaltung) was integrated into the institute as the federal forests division.^[7]