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Signature(s)

Amount
€ 250,000,000
Countries
Sector(s)
Germany : € 250,000,000
Urban development : € 250,000,000
Signature date(s)
13/03/2017 : € 100,000,000
26/08/2016 : € 150,000,000
Link to source

Summary sheet

Release date
17 March 2016
Status
Reference
Signed | 26/08/2016
20150765
Project name
Promoter - financial intermediary
GEWOBAG BEZAHLBARES WOHNEN BERLIN
GEWOBAG WOHNUNGSBAU-AG BERLIN
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
EUR 250 million
EUR 473 million
Location
Sector(s)
Description
Objectives

Financing of an investment programme of retrofitting and new construction of rented social housing in 2015-2020 by GEWOBAG, one of Berlin's housing companies which owns and manages some 58,000 units. The operation also includes a small share of refugee/asylum seeker accommodation.

Rehabilitation and construction of urban and social infrastructure and provision of refugee accommodation in Berlin. The housing investments will need to satisfy the applicable EIB eligibility criteria for urban renewal and sustainable communities as well as for the financing of refugee accommodation.

Environmental aspects
Procurement

Compliance with the relevant EU directives will be verified during appraisal: Environmental Impact Assessment (EIA) Directive 2011/92/EU, Strategic Environmental Assessment (SEA) Directive 2001/42/EC, Habitats Directive 92/43/EEC and Birds Directive 2009/147/EC. The status of any environmental studies and public consultations related to the urban renewal, upgrading and construction investments will be reviewed during project appraisal. Energy efficiency requirements in line with the EU Directive on the Energy Performance of Buildings 2010/31/EU will also be further assessed during project appraisal.

The Bank will require the promoter to ensure that contracts for the implementation of the project have been/shall be tendered in accordance with the relevant applicable EU procurement legislation (Directives 2004/18/EC or 2014/24/EU where applicable, and/or 2004/17/EC or 2014/25/EU where applicable, and/or 2014/23/EU where applicable, as well as Directives 89/665/EEC and 92/13/EEC), as interpreted by the Court of Justice of the EU, with publication of tender notices in the Official Journal of the EU, as and where required.

Link to source
Other links

Disclaimer

Before financing approval by the Board of Directors, and before loan signature, projects are under appraisal and negotiation. The information and data provided on this page are therefore indicative.
They are provided for transparency purposes only and cannot be considered to represent official EIB policy (see also the Explanatory notes).

Documents

Environmental and Social Data Sheet (ESDS) - GEWOBAG BEZAHLBARES WOHNEN BERLIN
Publication Date
13 Sep 2016
Document language
Main Topic
Lending
Document Number
68948100
Document Focus
Environmental Information
Project Number
20150765
Sector(s)
Regions
Countries
Publicly available
Download now
Environmental and Social Completion Sheet (ESCS) - GEWOBAG BEZAHLBARES WOHNEN BERLIN
Publication Date
20 Dec 2022
Document language
Main Topic
Lending
Document Number
158772788
Document Focus
Environmental Information
Project Number
20150765
Sector(s)
Regions
Countries
Publicly available
Download now

General enquiries and comments

The EIB is committed to open communication and encourages constructive stakeholder input regarding its activities.
Enquiries and comments concerning the EIB’s involvement in a project or the financing facilities, activities, organisation and objectives of the EIB, can be sent to the EIB Infodesk.
Alternatively, the EIB can be contacted through its external offices.
Queries regarding details of a specific project, in particular when it is under appraisal by the EIB, should preferably be addressed directly to project promoters.

Media enquiries

Media-related enquiries can be addressed to the EIB Press Office. Please also visit our Media information section.

Complaints mechanism

Any complaint regarding alleged maladministration can be lodged via the EIB Complaints Mechanism. The European Ombudsman acts as an independent external accountability mechanism of the EIB.

Zero tolerance against fraud and corruption

The EIB has a zero tolerance policy on fraud or corruption. To report allegations of fraud and corruption relating to EIB-financed projects, please contact the Fraud and Investigation division. All complaints will be treated as strictly confidential and handled in line with the EIB investigation procedures and the Anti-Fraud Policy.

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