GEWOBA

What GEWOBA does

GEWOBA Aktiengesellschaft Wohnen und Bauen is the largest residential landlord in the German federal state of Bremen, founded in 1924 and operating 43,060 rental apartments across Bremen (33,322), Bremerhaven (8,431), and Oldenburg (1,307) as of year-end 2024. The company leases both publicly subsidized (öffentlich gefördert) and free-financed residential stock at an average net cold rent of €6.80/m² (Bremen €7.09, Bremerhaven €5.42, Oldenburg €7.65), plus commercial space, parking/garages, and condominium-management services. It also operates a real-estate brokerage (Immobilienmakler) and a sister energy-supply company (GEWOBA Energie GmbH) that sells electricity (GEWOBA Strom) to consenting tenants, generating a diversified but residential-anchored revenue base.

The technology stack is a proprietary tenant- and property-management platform centered on an in-house Interessenten-Datenbank, the onOffice broker portal, SCHUFA/Creditreform credit-check integrations, HERE Maps for property location, an AI Voicebot for inbound rental phone inquiries (speech-to-text + synthesized human-like speech), an iOS/Android Service-Portal and app, EED-compliant remote-readable smart meters delivering monthly consumption information, a transponder-based Müllschleusensystem (electronic waste-cost allocation), digital video surveillance with 72-hour auto-overwrite, and a digital activity-report platform at berichte.gewoba.de. Compliance is operationalized via a 2009-established compliance-management system with a third-party whistleblower channel operated by CHATHAM PARTNERS.

Commercially, GEWOBA distributes through owned Stadtteil-Servicebüros in Bremen, a Niederlassung in Bremerhaven, and a regional service point in Oldenburg, supported by a multi-channel GTM (in-person, AI voicebot phone, web Suchagent, mobile app, in-house sales for WEG/brokerage). FY2024 financials reported a Bilanzsumme of €1,798.21 million, EBITDA of €119 million, and Jahresüberschuss of €31.2 million, with €192.3 million of total investment (€76.4M Neubau, €54.6M Instandhaltung, €61.3M Modernisierung) — funded in part by a €135 million EIB facility in October 2024. Vacancy stands at 0.61% and CO2 emissions have been reduced 70% in absolute terms versus the 1990 baseline, with a 2038 climate-neutrality target.

Name

GEWOBA

Legal name

GEWOBA Aktiengesellschaft Wohnen und Bauen

Website

https://gewoba.de

Company type

Private

Founded year

1924

Operating status

Operating

Headcount range

501–1,000 employees

Short description

GEWOBA is the largest residential landlord in Bremen, Germany, managing 43,060 rental apartments across Bremen, Bremerhaven, and Oldenburg, and providing brokerage, WEG management, and energy services to tenants, seniors, and subsidized-housing holders.

Ownership category

akta.pro rank

Product category

Residential Property Management / Social Housing

NAICS

Residential Property Managers (531311), Rental and Leasing Services (532)

SIC

Operators Of Apartment Buildings (6513)

akta.pro primary industry

Affordable & Subsidized Housing Property Management (LIHTC, Section 8) (BPAJAFAD)

akta.pro secondary industry

HOA / Condominium Association Management (BPAJAFAH)

Keywords

• Residential property management
• Social housing services
• Apartment rental operations
• Real estate brokerage
• Condominium administration

Headquarters

HQ city

Bremen

HQ country

Germany

HQ region

Europe

Offices4 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Supply Chain, Technology or R&D, Marketing or Sales, Infrastructure, Others

Revenue model

1. Residential Rental Income: Core, recurring revenue from 43,060 rental apartments (33,322 Bremen, 8,431 Bremerhaven, 1,307 Oldenburg). Average net cold rent of 6.80 €/m² in 2024. Includes subsidized (öffentlich gefördert) and free-financed stock. Forward-flow: GRM expansion primarily through Neubau.
2. Commercial Rental (Gewerbevermietung): Rental of commercial space (Gewerberäume) within GEWOBA-owned mixed-use properties. Subject to separate commercial customer onboarding, often via onOffice online portal.
3. WEG Property Management (Wohnungseigentumsverwaltung): Recurring management fees for administering Wohnungseigentumsgemeinschaften (condominium communities), including accounting, owner meetings, and service-provider coordination.
4. Parking and Garage Rental: Recurring rent for garages and Stellplätze; for non-tenants the rent is plus 19% VAT. Includes rollator (10 €/mo) and wheelchair (40 €/mo) storage units charged as monthly surcharges.
5. Real Estate Brokerage and Acquisitions (Maklertätigkeit): Transaction-based revenue from brokerage of apartment/property sales (GEWOBA als Makler) and portfolio acquisition (Immobilien-Akquisition), including Immobilienverkauf via notariell abgewickelte Kaufverträge.
6. Energy Supply (via GEWOBA Energie GmbH): Revenue share/commission from Strombelieferung to tenants through sister company GEWOBA Energie GmbH (GEG), with explicit tenant consent for data forwarding.
7. Subletting Surcharge: One-time setup plus 15 €/month surcharge per approved subtenant; exempt for first-degree relatives and life partners.

Pricing tiers

Go-to-market motion5 records

Distribution channels6 records

Marketing channels10 records

Core offering

GEWOBA Aktiengesellschaft Wohnen und Bauen is the largest residential landlord in the State of Bremen, Germany, managing and renting 43,060 apartments (33,322 Bremen, 8,431 Bremerhaven, 1,307 Oldenburg) at an average net cold rent of €6.80/m². Beyond residential rental, the company provides WEG-Verwaltung (condominium administration), real estate brokerage and acquisition, commercial space rental (Gewerbevermietung), energy supply via subsidiary GEWOBA Energie GmbH, and garage/parking rentals. Founded in 1924, it operates under a social-housing mission with subsidized (öffentlich gefördert) stock alongside free-financed apartments, and targets climate neutrality in its housing portfolio by 2038.

Product overview

GEWOBA is a Bremen-based housing company rather than a single unified software product, offering a portfolio of residential rental, property management, and adjacent real-estate services. Its digital surface centers on the Wohnungssuche apartment-search experience and the Service-Portal tenant self-service portal, which together form the main touchpoints for prospective and existing tenants. Supplementary digital modules — the Suchagent automated matching service, the KI-Voicebot AI-powered phone assistant for apartment-search inquiries, the Story-Map neighborhood storytelling tool, and the 24h-Notdienst emergency service — extend the Wohnungssuche and Service-Portal core. Adjacent offerings include the GEWOBA Strom electricity supply (via subsidiary GEWOBA Energie GmbH), the GEWOBA Magazin publication, plus WEG-Verwaltung condominium management and Immobilienmakler real-estate brokerage services for third-party property owners.

Differentiator

Problem solved

Functional benefit

Products and services

• Residential Apartment Rental (Wohnungsvermietung)
• Commercial Space Rental (Gewerbevermietung)
• WEG Property Management (Wohnungseigentumsverwaltung)
• Real Estate Brokerage (Immobilienmakler)
• Property Acquisition Service (Immobilien-Akquisition)
• GEWOBA Strom (Energy Supply via GEWOBA Energie GmbH)
• Garage and Parking Rental (Stellplatz- und Garagenvermietung)
• Fleethäuser Subsidized Housing Project (TABAKQUARTIER)

Quantifiable outcome

• 70% absolute CO2 reduction (34,748 t/a in 2023 vs. 112,012 t/a in 1990)
• +8 more outcomes

Segments8 records

Ideal customer profiles6 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration8 records

AI capability3 records

Feature7 records

Partnerships

20 partnerships are on record, tiered flagship, core and minor.

• Justus Grosse ImmobilienunternehmenflagshipStrategic or Co-development Partner · 4 June 2026Bauträgerkooperation: Justus Grosse develops the 20+ ha former Brinkmann Tabakfabrik in Bremen-Woltmershausen (TABAKQUARTIER) and is delivering 126 publicly subsidized Mietwohnungen across two Mehrfamilienhäuser ('Fleethäuser') to GEWOBA. Construction by Köster GmbH; design by Hilmes Lamprecht Architekten. Fertigstellung mid-2028. Mietpreis 6.80 €/m² kalt.
• Köster GmbHcoreImplementation/ SI/ Consulting Partner · 4 June 2026Bauunternehmen executing the 'Fleethäuser' buildings (EH40 standard, Klinkerfassade, four-five storeys) within the TABAKQUARTIER. Köster builds the project for Justus Grosse; the buildings are transferred to GEWOBA on completion. Long-standing relationship noted.
• Fraunhofer-Gesellschaft (Fraunhofer IAO / ISI Morgenstadt-Initiative)flagshipStrategic or Co-development Partner · 10 November 2025Consortium lead for the InDigWa pilot project ('Integrierte Digitalisierung der Wasserversorgung'). Ten partner firms + three Fraunhofer institutes test integrated digital water-management use cases in the Gartenstadt-Süd GEWOBA quarter. Pilot phase three years. Launch event on 10 November 2025.
• swb (Stadtwerke Bremen)flagshipStrategic or Co-development Partner · 10 November 2025Co-project partner for InDigWa: swb's CEO Gunnar Geise and GEWOBA-Vorstand Manfred Corbach jointly launched the Go-Live dashboards on 10 November 2025. swb targets climate neutrality by 2035 and contributes Trinkwasserversorgung expertise.
• Hilmes Lamprecht ArchitektencoreStrategic or Co-development PartnerArchitects of the 'Fleethäuser' and 'Wohnen am Park' ensemble in the TABAKQUARTIER; deliver four- to five-storey flat-roof apartment buildings with brick facades.
• GEWOBA Energie GmbH (GEG)coreOEM/ Whitelabel/ Licensing PartnerAffiliated/sister energy company located at Rembertistraße 92, 28195 Bremen; receives tenant contact data (with consent) for Strombelieferung offers and handles grid deregistration upon move-out.
• Blaue Karawane e.V.minorGTM or Marketing PartnerCooperation within the 'Blaue Karawane' project covering Liegenschaften in the Bremer Überseestadt focused on inclusive, integrative housing. Verein holds a Vorschlagsrecht bei Belegung and supports handover at tenancy changes.
• AWO GmbH – Fachdienst Migration und Integration (Projekt 'Zukunft Wohnen')minorImplementation/ SI/ Consulting PartnerSocial-services partner that receives tenant data (with consent) to defuse house-rule conflicts, settle rent disputes, and prevent Kündigung.
• Zentrale Fachstelle Wohnen (ZFW), BremenminorImplementation/ SI/ Consulting PartnerBeratungsstelle addressing Wohnungsverlust in Bremen. Receives tenant data (with consent) for in-person crisis support.
• Gesellschaft für integrative soziale Beratung und Unterstützung mbH (GISBU), BremerhavenminorImplementation/ SI/ Consulting PartnerAnalogous role to ZFW but for Bremerhaven tenants at risk of Wohnungsverlust.
• BVI (Bundesverband der Immobilienverwalter)minorOthersIndustry-association affiliation; logo displayed in homepage partner strip and linked to bvi-verwalter.de.
• DESWOS (Deutsche Entwicklungshilfe für soziales Wohnungs- und Siedlungswesen)minorOthersCSR/industry affiliation; logo displayed in homepage partner strip.
• Initiative Wohnen 2050minorOthersCross-industry climate-neutrality initiative for the German Wohnungswirtschaft; logo displayed in homepage partner strip.
• SCHUFA Holding AGcoreTechnology or IntegrationProvides Bonitätsauskünfte for both prospective tenants and existing tenants in arrears; identity verification via Vor-/Nachname, Geburtsdatum and Postanschrift. SCHUFA-Auskunft is deleted after max. 12 months.
• Creditreform / Allianz Boni CheckcoreTechnology or IntegrationSupplies commercial credit reports (Bonitätsauskunft) for gewerbliche Mietinteressenten and supplier relationships; Bonitätsauskünfte stored for up to 2 years.
• IWB Entwicklungsgesellschaft mbHminorImplementation/ SI/ Consulting PartnerReceives tenant name and address to support GEWOBA's technical property management (technisches Objektmanagement).
• Vodafone Kabel DeutschlandcoreChannel Partner/ Reseller/ DistributorAuthorized sales partner for Triple-Play cable services (TV, internet, phone) over GEWOBA's in-house Breitbandkabelanschluss; offers paid Zusatzdienste like Sky, additional TV-Pakete, and HD. Support hotline 0421-40 89 68 55.
• ImmoMediaNetminorImplementation/ SI/ Consulting PartnerFree service-hotline (0800/466 466 1) for technical cable-TV issues; available 8:00–22:00 daily incl. weekends.
• CHATHAM PARTNERS (Dr. Marco Núñez Müller)minorImplementation/ SI/ Consulting PartnerIndependent third party operating GEWOBA's internal Hinweisgeberschutz-Meldestelle (whistleblower channel) per Hinweisgeberschutzgesetz; located at Neuer Wall 50, 20354 Hamburg.
• Senatorin für Wirtschaft, Häfen und Transformation (Bremen)minorOthersZuständige Aufsichtsbehörde for GEWOBA's § 34c GewO activities (Gewerbemeldestelle, Referat 50 Gewerbeangelegenheiten, Katharinenklosterhof 3, 28195 Bremen).

Scale indicators14 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• HOWOGE Wohnungsbaugesellschaft mbH: Berlin municipal housing company with ~83,000 units. Directly comparable as a public-sector landlord combining Neubau, Modernisierung, WEG-Verwaltung and energy/heat services for tenants in a single German metropolitan market.
• Vivawest Wohnen GmbH: NRW-based residential landlord with ~120,000 units jointly owned by municipal utilities. Comparable on social housing allocation rules, regional concentration and integrated heat/energy supply via affiliated utilities.
• SAGA Siedlungs-Aktiengesellschaft Hamburg: Hamburg's municipal housing company managing ~140,000 apartments. The closest direct peer: publicly-affiliated landlord with an integrated portfolio approach, social mandate, climate-modernization roadmap and customer-service infrastructure very similar to GEWOBA's.
• GWH Wohnungsgesellschaft mbH Hessen: Helaba-affiliated Hessian residential landlord with ~50,000 apartments. Comparable on German municipal-affiliated residential rental plus WEG management and modernization capex.
• GBG Mannheimer Wohnungsbaugesellschaft mbH: Mannheim's municipal housing company with ~22,000 units. Closely comparable city-affiliated landlord offering rental, WEG, brokerage and digital tenant services in a single metropolitan housing market.
• Nassauische Heimstätte | Wohnstadt: Hessian state-owned housing company managing ~60,000 apartments. Comparable public-sector residential operator with parallel focus on subsidized stock, climate modernization and tenant services in a defined German region.

Broad incumbents

• TAG Immobilien AG: German listed landlord focused on northern/eastern Germany (~85,000 apartments). Comparable on rental-only residential model with active modernization program, though private-sector rather than public-affiliated.
• Vonovia SE: Europe's largest residential landlord with ~540,000 apartments across Germany, Austria and Sweden. Closest broad incumbent comparable for scale, capital intensity, and modernization capex profile, though it operates nationally rather than regionally.
• LEG Immobilien SE: Listed German residential landlord with ~166,000 apartments concentrated in North Rhine-Westphalia. Comparable in business model (rental + WEG + property management) and in relying on a single federal-state market for the bulk of its portfolio.
• Deutsche Wohnen SE: Berlin-focused residential landlord (now part of Vonovia) with ~140,000 units. Directly comparable on German urban rental, regulated rent environment, and modernization-heavy operating model.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat7 records

Key risks7 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/channel/UC3cYAgzDnIYnPe25faxXfOg
• Facebookfacebook.com/GEWOBA-Aktiengesellschaft-Wohnen-und-Bauen-1394680120790816
• LinkedInlinkedin.com/company/gewoba-aktiengesellschaft-wohnen-und-bauen
• Instagraminstagram.com/gewoba_bremen
• Xx.com/gewoba

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles10 records

Subsidiaries2 records

Funding overview

Funding rounds1 record

Investors1 record

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about GEWOBA