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Innsbrucker Immobilien GmbH & Co KG (IIG)

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The municipal real-estate company of the City of Innsbruck, managing over 6,500 city apartments, around 300 commercial premises and much of the city's public building stock.

Last updated September 26, 2026

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Overview

Innsbrucker Immobilien GmbH & Co KG (IIG) is the municipal real-estate group of the City of Innsbruck, the capital of the Austrian federal state of Tyrol. Under the umbrella brand "IIG" it bundles essentially all real-estate affairs of the city: planning, construction, refurbishment, management and maintenance of a broad building portfolio within the city area. Its stated mission is to preserve and secure a high quality of life and a future-proof urban space for Innsbruck's residents, with sustainability and climate protection treated as central cross-cutting themes. The scale of the portfolio is substantial for a city of Innsbruck's size. According to the company, IIG administers more than 6,500 city apartments, roughly 300 commercial premises (Geschäftslokale) and a large share of the city's public buildings. Its activities span affordable and social housing, commercial and office space, educational and childcare facilities, and public infrastructure such as sports facilities. Current and recent project examples publicised by the company include the Campus Frau Hitt residential project in Hötting, the Hungerburg residential development on Höhenstraße, the Eichhof housing complex (stage 3), the Sandwirt area with a focus on young and student housing, the Schlachthofblock refurbishment with student housing and attic conversion, and the ASKÖ sports facility with football, tennis and an underground car park. IIG is not a single legal entity but a group of companies, all of which are 100% owned by the City of Innsbruck. The group comprises Innsbrucker Immobilien GmbH & Co KG (IIG KG), the asset-holding company with real-estate assets carried at a book value of roughly one billion euros including assets under construction; Innsbrucker Immobilien GmbH (IIG GmbH), the general partner (Komplementär) of IIG KG and thus its working company, which holds no real-estate assets of its own and, apart from one managing director, has no personnel of its own; and Innsbrucker Immobilien Service GmbH (IISG), which handles commercial activities and services for third parties, in particular managing the property assets remaining in the ownership of the City of Innsbruck on the city's behalf, and acting as condominium manager (Wohnungseigentumsverwalter) for properties in which IIG KG holds condominium ownership. In addition, IIG looks after the Innsbrucker Sportanlagen Errichtungs- und Verwertungs GmbH (ISpA) and the Innsbrucker Markthallen-Betriebs Ges.m.b.H. (MHI). As a municipal company, IIG positions itself as a long-term, security-oriented employer and as a steward of public value rather than a profit-maximising developer. It employs a team of more than 150 people across its business and service areas, offers apprenticeships, and publishes documents such as a sustainability declaration and a compliance guideline. Its customer-facing operations include an online customer portal, a 24/7-style emergency number, and a contact form for tenants and prospective tenants. Because it is wholly owned by the City of Innsbruck, IIG is a state-owned (municipal) enterprise rather than a listed company, and its strategic direction is closely tied to the city's housing, climate and urban-development policies.

History

Innsbrucker Immobilien GmbH & Co KG (IIG) is the municipal real-estate group of the City of Innsbruck, the capital of the Austrian federal state of Tyrol. It was established to bring the city's real-estate affairs together under a single corporate umbrella, and today it describes itself as bundling 'sämtliche Immobilienangelegenheiten der Stadt Innsbruck' — all real-estate matters of the City of Innsbruck — under one corporate brand. The group is structured as a set of companies that are all 100% owned by the City of Innsbruck. The core of the group is Innsbrucker Immobilien GmbH & Co KG (IIG KG), a asset-holding company whose real-estate assets are carried at a book value of approximately one billion euros, including assets under construction. IIG KG is the entity that owns and develops the city's housing and commercial stock and is responsible for attractive and affordable living in Innsbruck. Its general partner is Innsbrucker Immobilien GmbH (IIG GmbH), which is the working company (Arbeitsgesellschafterin) of IIG KG; IIG GmbH itself holds no real-estate assets and, apart from one managing director, has no personnel of its own. The third core company is Innsbrucker Immobilien Service GmbH (IISG), which is activated whenever commercial activities or services for third parties are performed. IISG in particular manages the property assets that remain in the ownership of the City of Innsbruck, acting in the city's name and for the city's account, and it also serves as condominium manager (Wohnungseigentumsverwalter) for properties in which IIG KG holds condominium ownership. Beyond these three companies, IIG's sphere of activity also covers the care of the Innsbrucker Sportanlagen Errichtungs- und Verwertungs GmbH (ISpA) and the Innsbrucker Markthallen-Betriebs Ges.m.b.H. (MHI). Over time the group has built up a portfolio that, by its own account, comprises more than 6,500 city apartments, around 300 commercial premises and a large proportion of the city's public buildings. Its remit covers the full life cycle of municipal property: planning, construction and refurbishment as well as management and maintenance of a diverse building stock within the city area. This includes residential buildings, commercial and office space, educational and childcare facilities, and public infrastructure such as sports facilities. The company states that it is aware that each of its activities has a direct impact on the lives of people in Innsbruck, and it therefore treats sustainability and climate protection as central future-oriented themes at all levels. As an 'innovative company' it aims to contribute to a liveable city through high-quality architecture that complies with international climate guidelines. In recent years IIG has publicised a series of construction and refurbishment projects that illustrate its role in shaping Innsbruck's urban fabric. These include the Campus Frau Hitt residential project in Hötting, which by September 2026 had reached its topping-out ceremony; the new residential development on Höhenstraße at the Hungerburg, which is in planning; the Eichhof housing complex, stage 3, which is under construction; the Sandwirt area, which is being developed for young and student housing; the Schlachthofblock, where refurbishment, student housing and an attic conversion are under way; and the ASKÖ sports facility with football, tennis and an underground car park, which is in implementation. A completed example cited by the company is the extension, major refurbishment and energy-source conversion of the Volksschule Arzl primary school. As a municipal enterprise, IIG is not listed on a stock exchange; it is wholly owned by the City of Innsbruck, and its governance and strategic priorities are aligned with the city's housing, climate and urban-development policies. The company employs a team of more than 150 people across its business and service areas, offers apprenticeships (for example as a metalworker/locksmith), and publishes documents such as a sustainability declaration and a compliance guideline. It operates an online customer portal for tenants, a contact form and an emergency number, and presents itself as a secure employer that builds on employees' professional passion, warmth and sense of responsibility.

  • Campus Frau Hitt residential project in Hötting reaches topping-out ceremony

  • Volksschule Arzl extension, major refurbishment and energy-source conversion completed

  • Eichhof housing complex, stage 3, under construction

  • Sandwirt area being developed for young and student housing

  • Schlachthofblock refurbishment with student housing and attic conversion under way

  • ASKÖ sports facility with football, tennis and underground car park in implementation

  • Hungerburg residential development on Höhenstraße in planning

Products and positioning

Municipal real-estate steward for the City of Innsbruck, focused on affordable housing, public buildings and sustainable urban development rather than profit maximisation.

  • Municipal rental apartments

    Over 6,500 city apartments managed by IIG.

  • Commercial premises

    Around 300 Geschäftslokale (commercial premises) managed by IIG.

  • Public buildings

    A large share of the City of Innsbruck's public buildings, including educational and childcare facilities and sports facilities.

  • Student and young-adult housing

    Projects such as Sandwirt and Schlachthofblock focus on young and student housing.

  • Property and condominium management

    IISG manages city-owned property assets and acts as condominium manager for properties in which IIG KG holds condominium ownership.

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