The management of municipal real estate serves to provide land and to implement urban development goals and infrastructural measures. The focus is on the consolidation and provision of building land to promote the construction of housing, economic and structural development, and the promotion of sports, cultural, social and other municipal purposes. Due to the limited supply of land, however, the department's ability to make a significant contribution to the development of commercial and residential sites is limited.
The Real Estate Department coordinates investor projects of significance for the city's development as well as the entire purchase and sale of land for public and private purposes, it markets municipal building plots, manages heritable building rights issued by the city and manages undeveloped real estate that is not assigned a specific public function. Contractual management of the city's six catering establishments of a commercial nature, the allocation of managed areas and the leasing of areas for temporary use are also part of the department's tasks. Another focus of the department's work is the maintenance of the geo-information system with regard to the balance sheet allocation of land.
The department consists of approximately 25 employees and has the goal of guaranteeing optimal management of municipal land and properties in accordance with political requirements, as well as providing impetus for the implementation of urban development goals and infrastructural measures. The department is subdivided into the areas of real estate transactions, rental and leasing matters, and administrative matters.