Bundesvermögensverwaltung
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Bundesvermögensverwaltung
The Institute for Federal Real Estate (in , abbreviated ''BImA'') is a government agency in Germany that provides federal government entities with real estate services. It functions as a landlord in the government system of internal rent—a commercially based model for managing government real estate. Institute for Federal Real Estate 2008, p. 6 The institute provides services such as renting space, facility management and real estate development. The institute itself owns a major proportion of the property it manages, and is one of the largest owners of real estate in Germany. It was estimated that within 2011, the Institute for Federal Real Estate would—due to property transfers—own and manage nearly all real estate used by the federal government of Germany. The Institute for Federal Real Estate was established via law on January 1, 2005. It succeeded the Federal Property Administration (), which was dismantled, and from which tasks and staff were transferred. At the sa ...
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Main
Main may refer to: Geography *Main River (other), multiple rivers with the same name *Ma'in, an ancient kingdom in modern-day Yemen * Main, Iran, a village in Fars Province *Spanish Main, the Caribbean coasts of mainland Spanish territories in the 16th and 17th centuries *'' The Main'', the diverse core running through Montreal, Quebec, Canada, also separating the Two Solitudes * Main (lunar crater), located near the north pole of the Moon * Main (Martian crater) People and organizations * Main (surname), a list of people with this family name *Main, alternate spelling for the Minaeans, an ancient people of modern-day Yemen * Main (band), a British ambient band formed in 1991 * Chas. T. Main, an American engineering and hydroelectric company founded in 1893 *MAIN (Mountain Area Information Network), former operator of WPVM-LP (MAIN-FM) in Asheville, North Carolina, U.S. * Main Deli Steak House ("The Main"), a smoked-meat delicatessen in Montreal, Quebec, Canada Ships ...
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Legal Personality
Legal capacity is a quality denoting either the legal aptitude of a person to have rights and liabilities (in this sense also called transaction capacity), or the personhood itself in regard to an entity other than a natural person (in this sense also called legal personality). Natural persons Capacity covers day-to-day decisions, including: what to wear and what to buy, as well as, life-changing decisions, such as: whether to move into a care home or whether to have major surgery. As an aspect of the social contract between a state and its citizens, the state adopts a role of protector to the weaker and more vulnerable members of society. In public policy (law), public policy terms, this is the policy of ''parens patriae''. Similarly, the state has a direct social and economic interest in promoting trade, so it will define the forms of business enterprise that may operate within its territory, and lay down rules that will allow both the businesses and those that wish to cont ...
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German Reunification
German reunification () was the process of re-establishing Germany as a single sovereign state, which began on 9 November 1989 and culminated on 3 October 1990 with the dissolution of the East Germany, German Democratic Republic and the integration of its re-established constituent federated states into the West Germany, Federal Republic of Germany to form Germany, present-day Germany. This date was chosen as the customary German Unity Day, and has thereafter been celebrated each year as a national day, national holiday. On the same date, East Berlin, East and West Berlin, West Berlin were also reunified into a single city, which eventually Decision on the Capital of Germany, became the capital of Germany. The East German government, controlled by the Socialist Unity Party of Germany (SED), started to falter on 2 May 1989, when the removal of Hungary's border fence with Austria opened a hole in the Iron Curtain. The border was still closely guarded, but the Pan-European Picn ...
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Housing Unit
A housing unit, or dwelling unit (at later mention, often abbreviated to ''unit''), is a structure or the part of a structure or the space that is used as a home, residence, or sleeping place by one person or more people who maintain a common household. In common speech in Australia and New Zealand, the word "unit", when referring to housing, usually means an apartment, where a group of apartments is contained in one or more multi-storey buildings (an 'apartment block'), or a villa unit or home unit, where a group of dwellings is in one or more single-storey buildings, usually arranged around a driveway. Then, a unit is a self-contained suite of rooms, usually of modest scale, which may be attached, semi-detached or detached, within a group of similar dwellings. Used in the Australian and New Zealand urban planning and development industry, it is also a synonym for dwelling. A single room unit is more commonly referred to as a studio flat, if the unit has a private bathroom and ki ...
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Market Price
A price is the (usually not negative) quantity of payment or compensation expected, required, or given by one party to another in return for goods or services. In some situations, especially when the product is a service rather than a physical good, the price for the service may be called something else such as "rent" or "tuition". Prices are influenced by production costs, supply of the desired product, and demand for the product. A price may be determined by a monopolist or may be imposed on the firm by market conditions. Price can be quoted in currency, quantities of goods or vouchers. * In modern economies, prices are generally expressed in units of some form of currency. (More specifically, for raw materials they are expressed as currency per unit weight, e.g. euros per kilogram or Rands per KG.) * Although prices could be quoted as quantities of other goods or services, this sort of barter exchange is rarely seen. Prices are sometimes quoted in terms of vouch ...
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Civil Servant
The civil service is a collective term for a sector of government composed mainly of career civil service personnel hired rather than elected, whose institutional tenure typically survives transitions of political leadership. A civil service official, also known as a public servant or public employee, is a person employed in the public sector by a government department or agency for public sector undertakings. Civil servants work for central and local governments, and answer to the government, not a political party. The extent of civil servants of a state as part of the "civil service" varies from country to country. In the United Kingdom (UK), for instance, only Crown (national government) employees are referred to as "civil servants" whereas employees of local authorities (counties, cities and similar administrations) are generally referred to as "local government officers", who are considered public servants but not civil servants. Thus, in the UK, a civil servant is a public ...
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Leasing
A lease is a contractual arrangement calling for the user (referred to as the ''lessee'') to pay the owner (referred to as the ''lessor'') for the use of an asset. Property, buildings and vehicles are common assets that are leased. Industrial or business equipment are also leased. In essence, a lease agreement is a contract between two parties: the lessor and the lessee. The lessor is the legal owner of the asset, while the lessee obtains the right to use the asset in return for regular rental payments. The lessee also agrees to abide by various conditions regarding their use of the property or equipment. For example, a person leasing a car may agree to the condition that the car will only be used for personal use. The term rental agreement can refer to two kinds of leases: * A lease in which the asset is tangible property. Here, the user '' rents'' the asset (e.g. land or goods) ''let out'' or ''rented out'' by the owner (the verb ''to lease'' is less precise because it c ...
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Procurement
Procurement is the process of locating and agreeing to terms and purchasing goods, services, or other works from an external source, often with the use of a tendering or competitive bidding process. The term may also refer to a contractual obligation to "procure", i.e. to "ensure" that something is done. When a government agency buys goods or services through this practice, it is referred to as '' government procurement'' or public procurement. Procurement as an organizational process is intended to ensure that the buyer receives goods, services, or works at the best possible price when aspects such as quality, quantity, time, and location are compared. Corporations and public bodies often define processes intended to promote fair and open competition for their business while minimizing risks such as exposure to fraud and collusion. Almost all purchasing decisions include factors such as delivery and handling, marginal benefit, and fluctuations in the prices of goods. Org ...
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Bundeswehr
The (, ''Federal Defence'') are the armed forces of the Germany, Federal Republic of Germany. The is divided into a military part (armed forces or ''Streitkräfte'') and a civil part, the military part consists of the four armed forces: German Army, German Navy, German Air Force and Cyber and Information Domain Service (Germany), Cyber and Information Domain Service, which are supported by the Bundeswehr Support Area. , the had a strength of 180,215 active-duty military personnel and 80,761 civilians, placing it among the 30 largest military forces in the world, and making it the second largest in the European Union behind French Armed Forces, France. In addition, the has approximately 34,600 reserve personnel (2024). With German military expenditures at $88.5 billion (2024), the is the fourth-highest-funded military in the world, though military expenditures have until recently remained low at an average at 1.5% of national GDP, well below the non-binding NATO targ ...
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NATO
The North Atlantic Treaty Organization (NATO ; , OTAN), also called the North Atlantic Alliance, is an intergovernmental organization, intergovernmental Transnationalism, transnational military alliance of 32 Member states of NATO, member states—30 European and 2 North American. Established in the aftermath of World War II, the organization implements the North Atlantic Treaty, signed in Washington, D.C., on 4 April 1949. NATO is a collective security system: its independent member states agree to defend each other against attacks by third parties. During the Cold War, NATO operated as a check on the threat posed by the Soviet Union. The alliance remained in place after the dissolution of the Soviet Union and the Warsaw Pact, and has been involved in military operations in the Balkans, the Middle East, South Asia, and Africa. The organization's motto is . The organization's strategic concepts include Deterrence theory, deterrence. NATO headquarters, NATO's main headquarter ...
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Public Interest
In social science and economics, public interest is "the welfare or well-being of the general public" and society. While it has earlier philosophical roots and is considered to be at the core of democratic theories of government, often paired with two other concepts, convenience and necessity, it first became explicitly integrated into governance instruments in the early part of the 20th century. The public interest was rapidly adopted and popularised by human rights lawyers in the 1960s and has since been incorporated into other fields such as journalism and technology. Overview Economist Lok Sang Ho, in his ''Public Policy and the Public Interest'', argues that the public interest must be assessed impartially and, therefore, defines the public interest as the "'' ex ante'' welfare of the representative individual". Under a thought experiment, by assuming that there is an equal chance for one to be anyone in society and, thus, could benefit or suffer from a change, the pub ...
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Investment Management
Investment management (sometimes referred to more generally as financial asset management) is the professional asset management of various Security (finance), securities, including shareholdings, Bond (finance), bonds, and other assets, such as real estate, to meet specified investment goals for the benefit of investors. Investors may be institutions, such as insurance companies, pension funds, corporations, charities, educational establishments, or private investors, either directly via investment contract, contracts/mandates or via collective investment schemes like mutual funds, exchange-traded funds, or REIT, Real estate investment trusts. The term ''investment management'' is often used to refer to the management of investment funds, most often specializing in private equity, private and public equity, real assets, alternative assets, and/or bonds. The more generic term ''asset management'' may refer to management of assets not necessarily primarily held for investment purpos ...
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