Hochtief AG is a holding company, which engages in the real estate business. It operates through the following divisions: HOCHTIEF Americas, HOCHTIEF Asia Pacific, and HOCHTIEF Europe. The HOCHTIEF Americas division refers to the firm's construction activities. The HOCHTIEF Asia Pacific division deasl with contract mining operations. The HOCHTIEF Europe division develops and manages infrastructure and real estate projects. The company was founded by Balthasar Helfmann and Philipp Helfmann in 1873 and is headquartered in Essen, Germany.