ABG FRANKFURT HOLDING

What ABG FRANKFURT HOLDING does

ABG FRANKFURT HOLDING Wohnungsbau- und Beteiligungsgesellschaft mbH is the municipal housing and real estate corporation of the City of Frankfurt am Main, founded in 1891 and operating today with approximately 800 employees across six regional ServiceCenters (Nord, NordOst, Ost, Mitte, West, SüdWest). It manages approximately 55,000 residential apartments plus roughly 37,900 additional rental objects (commercial spaces, parking), making it one of Germany's largest municipal landlords. Around four out of ten apartments are subsidized housing (geförderter Wohnraum) reserved for households with low or middle income, reflecting the company's statutory social mandate under Frankfurt's Public Corporate Governance framework. Revenue mechanics are subscription/recurring in nature, anchored in monthly residential rents and supplemented by commercial rents, parking income via the PBG subsidiary (32 garages, ~18,000 spaces), SAALBAU event-venue fees (27 community centers, ~1.6 million visitors annually), book-n-drive carsharing, and ABGnova energy services.

The core technology stack combines deep Passivhaus expertise — over 5,000 apartments built to passive-house standard since the 2000 strategic commitment, anchored by the Aktiv-Stadthaus at Speicherstraße (2015, Europe's largest Efficiency House Plus building) and the Plusenergiehaus at Cordierstraße (2014) — with a rooftop PV fleet of approximately 35,000 modules at 10.9 MW peak capacity and Germany's largest Hesse-based tenant electricity (Mieterstrom) installation at Friedrich-Ebert-Siedlung (1.4 MW peak across 35 buildings). The product surface extends from the Meine ABG tenant portal/app and online interest-registration system to physical infrastructure (EV charging, fiber partnerships with Telekom/Vodafone/PYUR, green roofs via "Frankfurt frischt auf") and is delivered through wholly-owned subsidiaries including FAAG Technik (engineering), PBG (parking), SAALBAU (events), book-n-drive (mobility), ABGnova (energy JV with Mainova), and several development entities (Frankfurter Aufbau AG, Hellerhof, MIBAU, WOHNHEIM, ABG Riedberg).

Go-to-market is direct-to-consumer: prospective tenants register interest via an online form, are matched against a fair-allocation framework as apartments become available, and are subsequently served through regional ServiceCenters plus the digital portal. FY2024 group results showed a Konzernjahresüberschuss of EUR 95.8 million on a housing stock of 54,917 units (+279 YoY), demonstrating economic sustainability of the social-mandate model under stable German rent regulation.

Name

ABG FRANKFURT HOLDING

Legal name

ABG FRANKFURT HOLDING Wohnungsbau- und Beteiligungsgesellschaft mbH

Website

https://abg.de

Company type

Private

Founded year

1891

Operating status

Operating

Headcount range

501–1,000 employees

Short description

ABG FRANKFURT HOLDING is Frankfurt am Main's municipal housing corporation, managing ~55,000 apartments and ~37,900 commercial/parking units through ~800 employees and subsidiaries spanning engineering, parking, events, carsharing, and energy services.

Ownership category

akta.pro rank

Headquarters

HQ city

Frankfurt

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, Marketing or Sales, Others

Revenue model

1. Residential Property Rental: Core revenue from renting approximately 55,000 apartments across Frankfurt and the region. Four out of ten apartments are subsidized housing for people with low or medium income. Includes rent collection and property management services.
2. Commercial Space Rental: Revenue from renting commercial spaces (Gewerbeflächen) including retail locations and office spaces integrated within residential buildings, contributing to diverse and vibrant neighborhoods.
3. Parking Space Rental: Revenue from approximately 37,900 additional rental objects including parking spaces (Parkflächen) managed through PBG subsidiary operating 32 parking garages with around 18,000 parking spaces.
4. Event Venue Operations: Revenue from SAALBAU Betriebsgesellschaft operating 27 community centers (Bürgerhäuser) with approximately 1.6 million visitors annually, one of the largest providers of event spaces in the Rhein-Main region.

Pricing tiers

Go-to-market motion2 records

Distribution channels5 records

Marketing channels7 records

Core offering

ABG FRANKFURT HOLDING (full legal name: ABG FRANKFURT HOLDING Wohnungsbau- und Beteiligungsgesellschaft mbH) is a municipal housing corporation founded in 1891 that owns and manages approximately 55,000 residential apartments and roughly 37,900 additional rental objects (parking and commercial spaces) in Frankfurt am Main and the Rhein-Main region. The company provides subsidized and market-rate rental housing, commercial leases, parking facilities, event venues through the SAALBAU brand, and carsharing services via book-n-drive.

Product overview

ABG FRANKFURT HOLDING is a municipal housing and real estate company serving Frankfurt am Main with approximately 55,000 apartments and 37,900 additional rental units including commercial and parking spaces. The company operates as a platform with core rental housing, commercial, and parking products, supported by digital services (Meine ABG tenant portal/app), sustainability offerings (passive house construction, solar/tenant electricity, green roofs), and mobility partnerships (carsharing). The portfolio is managed through the parent company and five key subsidiaries: FAAG Technik (engineering), PBG (parking with 18,000 spaces), SAALBAU (event venues), ABGnova (energy services with Mainova), and ABG Riedberg. Key construction projects include the Aktiv-Stadthaus (energy-plus building) and climate protection quarters.

Differentiator

Problem solved

Functional benefit

Brands

• Meine ABG: Digital tenant portal and mobile app for tenant services including contract management, cost statements, damage reporting, and communication with ABG.
• Schelleklobbe

Products and services

• Residential rental apartments Subsidized and market-rate apartments rented to tenants in Frankfurt am Main and the Rhein-Main region, forming the core of ABG's portfolio of approximately 55,000 residential units.
• Commercial property leasing Commercial spaces within ABG's portfolio of approximately 37,900 additional rental objects, leased to businesses operating in Frankfurt am Main.
• Parking facilities Parking spaces managed by ABG as part of its approximately 37,900 additional rental objects in Frankfurt am Main, available to tenants and the public.
• SAALBAU event venues Event and conference spaces operated under the SAALBAU brand within the ABG portfolio, offered to event organizers, private customers, and the public.
• book-n-drive carsharing Carsharing service available to ABG tenants and the public, providing mobility access within Frankfurt as part of ABG's diversified portfolio.

Quantifiable outcome

• EUR 95.8 million Group annual surplus in 2024
• +3 more outcomes

Named customers7 records

Segments7 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration17 records

Feature5 records

Partnerships

Nine partnerships are on record, tiered core and minor.

• Mainova AGcoreStrategic or Co-development PartnerJoint venture ABGnova with Mainova AG for energy services and innovations in energy and housing sectors. Collaborates on solar energy expansion, tenant electricity models (Mieterstrom), and building energy optimization. ABGnova deploys drone technology for roof assessments.
• FAAG Technik GmbHcoreTechnology or IntegrationArchitecture and engineering subsidiary of ABG providing specialized services in civil engineering and structural design. Offers Leistungen in Hoch- und Tiefbau (building construction and civil engineering) for ABG projects and external clients.
• PBG Parkhaus-Betriebsgesellschaft mbHcoreTechnology or IntegrationFrankfurt's largest parking operator with 32 parking garages and approximately 18,000 parking spaces. Provides parking infrastructure, EV charging stations, and solar installations on parking garage roofs.
• SAALBAU Betriebsgesellschaft mbHcoreTechnology or IntegrationOne of the largest providers of event venues in the Rhein-Main region, operating 27 community centers (Bürgerhäuser) with approximately 1.6 million annual visitors.
• book-n-drive mobilitätssysteme GmbHcoreStrategic or Co-development PartnerLargest carsharing provider in the region with over 1,000 vehicles and more than 85,000 satisfied customers. Partnership provides mobility solutions including electric carsharing stations at ABG properties like Aktiv-Stadthaus.
• ABGnova GmbHcoreStrategic or Co-development PartnerJoint venture between ABG FRANKFURT HOLDING and Mainova AG for energy services, specializing in energy efficiency solutions, renewable energy systems, and innovations for the housing industry.
• Handwerksunternehmen (Trade Businesses)minorChannel Partner/ Reseller/ DistributorNetwork of qualified craftsmen and trade businesses for construction, renovation, and maintenance services. Companies can register in ABG's business partner database to participate in tenders for new construction projects and small repairs/maintenance.
• Technische Hochschule MittelhessenminorOthersPartner university for dual study programs (Duales Studium) in civil engineering with theoretical education at THM campus Frankfurt.
• IU Internationale HochschuleminorOthersPartner university for dual study programs offering theoretical education components for students at IU campus Frankfurt.

Scale indicators16 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• degewo AG: Berlin's largest municipal housing company with a comparable 100k+ unit portfolio, public ownership, and mixed subsidized/market-rate rental model.
• GBG Mannheimer Wohnungsbaugesellschaft mbH: Mannheim municipal housing company managing thousands of rental units with a similar mix of subsidized and market-rate apartments and a comparable public-owner corporate structure.
• Gewobag Wohnungsbauaktiengesellschaft Berlin: Berlin municipal housing company with ~75k units under city ownership. Strongly comparable on portfolio size, social mandate, and management structure.
• SAGA Siedlungs- und Baugesellschaft Hamburg mbH: Hamburg's municipal housing company managing a large rental portfolio under a social mandate. Highly comparable in ownership, mandate, and tenant-allocation approach.
• Nassauische Heimstätte Wohnungs- und Entwicklungsgesellschaft mbH: State-owned Hessen residential developer and landlord with similar subsidized and market-rate mandate, operating in overlapping geographies with comparable scale and public-ownership profile.
• GWH Wohnungsgesellschaft mbH Hessen: Hessian municipal housing company managing tens of thousands of rental apartments across Hessen including Frankfurt. Direct comparable on mandate, regulatory exposure, and operating geography.

Regional players

• Bauverein München Haidhausen eG / städtische Wohnungsgesellschaft München: Munich's municipal housing association operating in a similarly tight, supply-constrained German housing market. Comparable mandate but in a different geography.

Broad incumbents

• Vonovia SE: Europe's largest residential real estate company (private and listed) with hundreds of thousands of rental units in Germany. Comparable product category but much larger, listed, and geographically diversified.
• LEG Immobilien AG: Listed German residential specialist focused on North Rhine-Westphalia. Comparable product (multi-family rental housing) and operating focus but commercial and geographically distinct from Frankfurt.
• BUWOG Group (Vonovia subsidiary): Austrian/German residential developer and landlord operating within the broader Vonovia group. Comparable residential rental focus but as part of a much larger commercial platform.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/abg-frankfurt-holding

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Subsidiaries11 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 ABG FRANKFURT HOLDING