GWB Immobilien AG was active in the commercial real estate sector since 1992, focusing on retail spaces such as shopping centers and specialist retail parks. Since the opening of insolvency proceedings on October 1, 2012, the operational business was discontinued, and the company focused on liquidating its real estate portfolio. The last property in the portfolio was sold in the spring of 2018, marking the end of the original business activities. The company is currently in liquidation, with the insolvency administrator pursuing legal action against former board and supervisory board members.
Der Erwerb, die Errichtung, die An- und Vermietung und die Verwaltung von Geschäfts- und Wohnbauten.
Converted using the official Destatis and Eurostat correspondence tables; ISIC Rev. 4 is the United Nations' international industry classification.
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Source: German Commercial Register (Handelsregister) Lübeck Local Court, HRB 6613 (as of 21 October 2026)
| Name | Type | City |
|---|---|---|
| Norbert Herrmann | Vorstand | Glinde |
| Wolfgang Mertens-Nordmann | Vorstand | Glinde |
| Jörg Utermark | Vorstand | Hamburg |
Source: German Commercial Register (Handelsregister) Lübeck Local Court, HRB 6613 (as of 21 October 2026)
| Year | Revenue | Profit | Balance | Employees |
|---|---|---|---|---|
| 2020 | €0 | -€262,517 | €50,063,175 | — |
| 2019 | €1,361 | -€250,022 | €51,951,739 | — |
| 2018 | €12,034,002 | -€1,234,432 | €51,886,570 | — |
| 2017 | €897,545 | -€1,430,194 | €64,834,975 | — |
| 2016 | €1,391,177 | -€583,715 | €62,531,091 | — |
| 2015 | €11,535,229 | €184,019 | €73,362,439 | — |
| 2014 | €1,888,890 | -€2,588,253 | €71,187,641 | — |
| 2013 | €2,955,844 | -€4,941,601 | €69,136,831 | — |
| 2012 | €1,987,486 | -€751,331 | €65,275,056 | — |
| 2011 | €30,520,154 | -€37,699,783 | €64,920,483 | — |
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Source: German Commercial Register (Handelsregister) Lübeck Local Court, HRB 6613 (as of 21 October 2026)
mfi Shopping Center Management GmbH
Düsseldorf · Verwaltung von Gewerbegrundstücken und Nichtwohngebäuden für Dritte
Kramer Projekta GmbH
Massenbachhausen · Verwaltung von Gewerbegrundstücken und Nichtwohngebäuden für Dritte
EDMO-Flugbetrieb GmbH
Trier · Verwaltung von Gewerbegrundstücken und Nichtwohngebäuden für Dritte
| Cost type | Amount | Share |
|---|---|---|
| Material Costs | €11,500,000 | 90.8% |
| Interest & Similar | €1,168,229 | 9.2% |
