The administration of municipal real estate serves to stockpile land and to implement urban development goals and infrastructural measures. The main focus is on the consolidation and provision of building land to promote the construction of housing, for economic and structural development, and to support sports, cultural, social and other municipal purposes.
The Real Estate Department coordinates investor projects of importance for urban development as well as the entire purchase and sale of land for public and private purposes, it markets municipal building plots, manages the hereditary building rights issued by the city and manages undeveloped real estate to which no special public function is assigned. The tasks of the department also include contract management for the six commercial catering businesses in the city, the allocation of managed areas and the leasing of areas for interim use. A further focus of work is the maintenance of the geoinformation system with regard to the balance sheet allocation of areas.
Since 01.01.2020, the real estate department has been under new management with Mr. Kerim Abulzahab. Mr. Abulzahab is a lawyer and was employed at the construction and real estate company of the state of North Rhine-Westphalia in Düsseldorf before joining the Bonn Economic Development Agency. The department consists of approximately 25 employees and aims to guarantee the optimal management of urban land and property in accordance with political guidelines and to provide impetus for the implementation of urban development goals and infrastructural measures. The department is subdivided into the areas of purchase and sale, rental and leasing matters and administrative matters. Investor projects are managed by a staff unit.