Five of the nine divisions are responsible for the principal activities of the Institute for Federal Real Estate:
facility management, federal forests, administrative tasks,
portfolio management and sales.
Administrative tasks The administrative tasks division provides various property-related services that are in the
public interest. As Germany is a member of
NATO, there are foreign military forces permanently stationed in the country, which require space for their activities. The division also provides federal
civil servants with housing at
market prices. campus is one of the buildings owned by the Institute for Federal Real Estate.
Facility management The
facility management division
procures, manages, and disposes of real estate on behalf of government entities. Such commercial real estate has typically had former military uses, for instance
barracks. The land managed by the division is used for
forestry, as
nature reserves, and in part for
agriculture. making the Institute for Federal Real Estate one of the largest managers of land in Germany. for instance as
training areas, and as protective barriers for civilian population adjacent to
military installations.
Portfolio management The portfolio management division analyses the property assets of the Institute for Federal Real Estate, and is responsible for evaluating their economic viability. The division makes annual investment decisions, and also prepares a portfolio of sales. This includes
residential property,
commercial property, land,
military installations and culturally significant buildings. The Institute for Federal Real Estate considers the division's specialty to be the
marketing of military areas that have been used by the armed forces of Germany (
Bundeswehr) and foreign military forces. The division's long-term aim is to dispose about 30,000 properties, by selling around 3,000 annually. The properties sold are often subject to follow-up investments, such as converting former military areas into residential estates and recreational facilities. The Institute for Federal Real Estate does not by itself engage in such
real estate development, but rather works together with
state authorities, local authorities and investors. The revenue generated by the sales division accounts for around 50% of the total revenue generated. ==Real estate stock==