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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.

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    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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