Degewo AG

What Degewo AG does

Degewo AG is a municipal housing company (landeseigenes Wohnungsunternehmen) headquartered in Berlin and wholly owned by the State of Berlin (Land Berlin). Founded in 1920 and employing over 1,500 people, it is the largest among Berlin's six state-owned housing companies, managing approximately 75,000 apartments across 12 Berlin districts. The company fulfils a public-interest social housing mandate, directing 63% of annual re-letting to households holding a Wohnberechtigungsschein (WBS), while also serving market-rate residential tenants, senior residents, and commercial tenants. Operations are supported by four wholly-owned subsidiaries — degewo Gebäudeservice GmbH (building cleaning and maintenance), degewo Technische Dienste GmbH (technical services), degewo netzWerk GmbH (network and e-mobility charging infrastructure), and gewobe Wohnungswirtschaftliche Beteiligungsgesellschaft mbH (housing industry participation and management).

Degewo's product surface centres on the "Meine degewo" digital tenant service platform, available as a web portal and native iOS/Android application, providing 24/7 access to rental documents, Betriebskostenabrechnungen, energy consumption data, damage reporting, and landlord communication including a chat-based digital assistant. Internally, an in-house feedback management system routes tenant complaints across departments and tracks resolution. Beyond the core landlord function, degewo netzWerk runs the smart_up Innovation Competition using the Innovationspartnerschaft public procurement procedure to pilot scalable e-mobility charging infrastructure across four Berlin neighbourhoods. The company maintains an active community engagement programme (degewo Schülertriathlon, neighbourhood Sommerfeste, Klang & Kunst Promenade) and operates the company-owned degewo Stadion in Neukölln.

Degewo's revenue model is predominantly subscription/recurring, driven by monthly residential rent (Nettokaltmiete) plus operating and heating cost advance payments reconciled annually, with supplementary income from commercial space (Gewerbe) and parking rentals. Pricing is split between regulated social housing rents for WBS 100–220 categories and market-rate rents governed by the local Mietspiegel (ortsübliche Vergleichsmiete). Subsidiaries generate additional revenue by selling building services, technical services, and energy infrastructure to external clients. Distribution is fully direct-to-consumer via digital self-service, a central customer service hotline (030 264 85-5000), online immosuche property search with WBS eligibility filters, and a joint flat exchange platform (InBerlinWohnen Wohnungstauschportal) co-operated with five peer Berlin state-owned landlords. As a public-interest entity, Degewo does not raise venture or private equity capital; expansion is financed through rental cash flow, public development financing, and Berlin Senate allocations.

Name

Degewo AG

Legal name

Degewo AG

Website

https://degewo.de

Company type

Private

Founded year

1920

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

Degewo AG is Berlin's largest municipal housing company, wholly owned by the State of Berlin, managing approximately 75,000 apartments across 12 districts. It serves residential, commercial, and senior tenants through regulated social housing, market-rate rentals, and in-house facility services.

Ownership category

akta.pro rank

Product category

Municipal Housing / Residential Property Management

NAICS

Continuing Care Retirement Communities and Assisted Living Facilities for the Elderly (6233)

SIC

Real Estate Agents & Managers (For Others) (6531)

akta.pro primary industry

Co-Living Property Management (BPAJAFAJ)

akta.pro secondary industries

Association Maintenance, Vendor & Capital Project Management (BPAJAHAM), Large Campus / Multi-Building Assisted Living Communities (HLADABAG)

Keywords

• Residential property rental
• Social housing services
• Municipal housing management
• Commercial property leasing
• Housing portfolio management

Headquarters

HQ city

Berlin

HQ country

Germany

HQ region

Europe

Offices7 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

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

Revenue model

1. Residential Rental Income: Degewo's primary revenue stream is monthly residential rent (Nettokaltmiete) collected from approximately 75,000 apartments across Berlin. Rent includes operating cost advance payments (Betriebskostenvorauszahlung) and heating/hot water advance payments (Heiz- und Warmwasserkostenvorauszahlung), with annual cost reconciliation.
2. Commercial and Parking Space Rental: Degewo also rents commercial spaces (Gewerbe) and parking spaces (Stellplätze), generating supplementary rental income from business tenants and commercial units within its residential properties.
3. Subsidiary Service Revenue: Four wholly-owned subsidiaries — degewo Gebäudeservice GmbH (building services, cleaning, groundskeeping), degewo Technische Dienste (technical services), degewo netzWerk GmbH (energy/e-mobility infrastructure), and gewobe (property management) — provide services both internally and externally, contributing to group revenue.
4. Modernisation and Development Revenue: Revenue from new construction projects (Neubau) and modernisation activities, including the Schuhmacher-Quartier in Reinickendorf and other development projects across Berlin neighbourhoods.

Pricing tiers

Go-to-market motion2 records

Distribution channels5 records

Marketing channels7 records

Core offering

Degewo AG is Berlin's largest municipal housing company, managing approximately 75,000 residential apartments and commercial spaces across 12 Berlin districts. The company provides affordable social housing (WBS-eligible) and market-rate rental apartments, complemented by senior housing, commercial leasing, and tenant digital services via its proprietary "Meine degewo" portal and mobile app.

Differentiator

Problem solved

Functional benefit

Products and services

• Residential Apartment Rental (WBS Social Housing)

Quantifiable outcome

• 63% of annual re-letting directed to WBS-eligible households, fulfilling social housing mandate
• +2 more outcomes

Named customers4 records

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Eight partnerships are on record, tiered core and minor.

• Techem Energy Services GmbHcoreStrategic or Co-development Partner · 1 January 2025Winner of degewo smart_up Innovation Competition 2025. Techem operates the pilot charging infrastructure site at Pulsstraße in Charlottenburg, deploying integrated complete solutions for e-mobility charging in existing residential quarters. The partnership uses the Innovationspartnerschaft (innovation partnership) public procurement procedure to test scalable, tenant-friendly charging infrastructure.
• enercity AG & Rockethome GmbHcoreStrategic or Co-development Partner · 1 January 2025Joint winners of degewo smart_up Innovation Competition 2025. The partnership deploys a combined solution for the Ringelnatz-Siedlung in Marzahn, integrating enercity AG's energy expertise with Rockethome GmbH's digital platform to deliver tenant-friendly and scalable e-mobility charging in the residential quarter.
• Chargemaker GmbH (ista Gruppe)coreStrategic or Co-development Partner · 1 January 2025Winner of degewo smart_up Innovation Competition 2025. Chargemaker, a full-service specialist for charging infrastructure in properties, operates the pilot site at Karl-Holtz-Straße in Marzahn. The solution focuses on affordable, tenant-friendly, and economically viable charging infrastructure scalable to further residential quarters.
• mraElectric.Com GmbHcoreStrategic or Co-development Partner · 1 January 2025Winner of degewo smart_up Innovation Competition 2025. mraElectric.Com operates the pilot site in the Gorkisiedlung in Reinickendorf, bringing e-mobility charging solutions to this residential quarter as part of degewo's broader e-mobility infrastructure rollout.
• Berliner Agentur für Elektromobilität (eMO)minorStrategic or Co-development Partner · 1 January 2025Supporting partner for the smart_up Innovation Competition 2025, providing access to a strong partner network and expertise in e-mobility deployment across Berlin, assisting degewo netzWerk in managing the innovation competition process.
• pme FamilienserviceminorOthersExternal family service provider supporting degewo's audit berufundfamilie commitments, offering counselling and care services to employees to support work-life balance and family compatibility.
• benefit@workminorOthersEmployee benefits platform providing household-related services (haushaltsnahe Dienstleistungen) to degewo staff as part of the company's family-friendly employer commitments under the audit berufundfamilie framework.
• GESOBAU, Gewobag, HOWOGE, STADT UND LAND, WBMcoreGTM or Marketing PartnerFive other Berlin state-owned housing companies co-operating with degewo on the InBerlinWohnen Wohnungstauschportal (flat exchange platform). This joint platform enables tenants of all six companies to swap apartments across the Berlin state-owned housing stock without changing net rent levels, optimising housing allocation across the city.

Scale indicators7 records

Recent moves5 records

Expansion highlights5 records

Direct peers

• GESOBAU AG: One of Berlin's six landeseigene Wohnungsbaugesellschaften, GESOBAU manages tens of thousands of social and market-rate apartments across Berlin on a state-mandated basis. As Degewo's closest co-Mandate partner and joint operator of the InBerlinWohnen flat exchange portal, it is the most direct peer for scale, regulatory framework, and customer base.
• Gewobag Wohnungsbauaktiengesellschaft Berlin: Another of Berlin's six state-owned housing companies with a comparable large portfolio, social housing mandate, and tenant mix. Collaborates with Degewo on the Wohnungstauschportal and operates a similar digital tenant service ecosystem, making it a directly comparable peer for portfolio operations and regulation.
• HOWOGE Wohnungsbaugesellschaft mbH: HOWOGE is one of Berlin's six landeseigene housing companies with a portfolio of tens of thousands of units and a similar social housing mandate. Comparable to Degewo on scale, ownership structure, and Berlin-only geographic footprint; collaborates on the joint flat exchange platform.
• STADT UND LAND Wohnbauten-Gesellschaft mbH: STADT UND LAND is one of Berlin's six state-owned housing companies, managing a substantial portfolio of social and market-rate apartments in Berlin. Closely comparable to Degewo on regulatory mandates, customer base, and joint operation of the InBerlinWohnen flat exchange.
• WBM Wohnungsbaugesellschaft Berlin-Mitte mbH: WBM is one of Berlin's six state-owned housing companies, focused on central Berlin districts with a similar mandate to provide subsidized and market-rate housing. Directly comparable as a co-platform participant with similar regulatory and operational structure.
• SAGA Siedlungs-Aktiengesellschaft Hamburg: SAGA is Hamburg's municipal housing company, managing over 100,000 units under a comparable state-mandated affordable housing mission. Comparable to Degewo on mandate, portfolio scale, social housing role, and single-city focus, though operating in Hamburg rather than Berlin.
• gewoba AG (Bremen): gewoba is Bremen's municipal housing company, operating a large social and market-rate residential portfolio under state mandate. Comparable to Degewo on ownership structure, mission, and tenant servicing model, though serving a different city.
• Nassauische Heimstätte Wohnungs- und Entwicklungsgesellschaft mbH: Nassauische Heimstätte is a state-affiliated housing company in the Frankfurt/Rhine-Main region with a large social and market-rate portfolio. Comparable to Degewo on residential portfolio management and public mission, though geographically focused on Hesse rather than Berlin.

Broad incumbents

• Vonovia SE: Vonovia is Europe's largest residential real estate company with a portfolio of several hundred thousand German apartments, including Berlin assets following the Deutsche Wohnen acquisition. Comparable to Degewo on residential rental activity and Berliner presence, but operates as a profit-maximizing publicly listed private landlord without the municipal mandate.
• Deutsche Wohnen SE: Deutsche Wohnen is one of the largest private residential landlords in Germany with deep Berlin exposure; now under Vonovia ownership. Comparable to Degewo on Berlin multifamily rental exposure and unit count, but operates without the state-mandated social housing requirement.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights8 records

Customer concentration

• YouTubeyoutube.com/degewoag
• LinkedInlinkedin.com/company/degewo-ag

Revenue estimate

Valuation estimate

Number of profiles

Profiles6 records

Subsidiaries4 records

Funding overview

Funding rounds

Investors

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 Degewo AG