Meravis Wohnungsbau und Immobilien

What Meravis Wohnungsbau und Immobilien does

Meravis Wohnungsbau und Immobilien GmbH is a German residential real estate holding company headquartered in Hannover with a regional office in Hamburg, operating under the meravis Immobiliengruppe brand and wholly owned by the social welfare nonprofit SoVD Sozialverband Deutschland e.V. The company manages a portfolio of 12,375 residential units and has developed more than 23,450 units historically, all concentrated in the Hannover and Hamburg metros. It is led by CEO Matthias Herter and COO/CFO Prof. Dr. Florian Ebrecht, with Reinhard Meyer as Chairman of the Supervisory Board.

The business operates four revenue streams: recurring rental income from the managed housing portfolio at an average rent of €6.96 per square meter; one-time sales of newly built owner-occupied apartments and townhouses; project development and asset management services for institutional investors (insurance companies, pension funds, housing cooperatives); and land acquisition feeding the development pipeline. Core products include Wohnungsvermietung (rental management), Neubauprojekte (new construction rentals), Eigentumswohnungen (condominium sales), and Immobilienverwaltung (property management), supported by the meine.meravis digital tenant portal and the Spiri.Bo PropTech subsidiary. New construction projects (Urban.Q, Limmerquartier, Am grünen Bogen, Iris-Runge-Quartier) are built to KfW 55 / BEG Effizienzhaus 55 standards and incorporate barrier-free design, district heating, and in some cases photovoltaic and heat-pump systems. Sales of ownership units are executed through a Sparkasse Hannover sales partnership, while institutional mandates are sourced through direct investor outreach.

Customer segments span individual renters (singles, families, seniors, and subsidized-housing certificate holders), private property buyers (end-users and capital investors using degressive AfA tax benefits), and institutional investors seeking full-lifecycle residential development and asset management in northern Germany. The company is geographically concentrated in Lower Saxony and Hamburg, serves both B2C (tenants and buyers) and B2B (institutional mandates) channels, and holds the §34c GewO trade permit and KfW/BEG/Passivhaus certifications relevant to publicly subsidized and energy-efficient housing delivery.

Name

Meravis Wohnungsbau und Immobilien

Legal name

meravis Wohnungsbau- und Immobilien GmbH

Website

https://meravis.de

Company type

Private

Founded year

2009

Operating status

Operating

Headcount range

251–500 employees

Short description

Meravis Wohnungsbau und Immobilien is a German nonprofit-owned residential real estate company managing 12,375 rental units and developing new housing in Hannover and Hamburg, serving individual tenants, property buyers, and institutional investors.

Ownership category

akta.pro rank

Headquarters

HQ city

Hanover

HQ country

Germany

HQ region

Europe

Offices2 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

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

Revenue model

1. Rental Income: Meravis manages a portfolio of over 12,375 residential units generating recurring rental income. Average rent is €6.96 per square meter.
2. Property Sales (Eigentumswohnungen): Sale of newly constructed owner-occupied apartments and townhouses (e.g., Am grünen Bogen project with 37+32+38 units, Townhouses). Revenue from one-time property sales to private buyers and investors.
3. Project Development for Institutional Investors: Meravis develops residential complexes for institutional clients (insurance companies, housing cooperatives, pension funds), including project management, full lifecycle advisory, and portfolio management services (Asset Management).
4. Ground Lease and Land Acquisition: Meravis actively acquires land and existing residential complexes in Hamburg and Hannover to expand its development pipeline.

Pricing tiers

Go-to-market motion2 records

Distribution channels4 records

Marketing channels7 records

Core offering

Meravis is a vertically integrated residential real estate company that develops, manages, and rents/sells apartment buildings in Hannover and Hamburg. It manages a portfolio of over 12,375 rental apartments (including subsidized B-Schein housing), develops new residential projects (Limmerquartier, Am grünen Bogen, Iris-Runge-Quartier, URBAN.Q), sells newly built owner-occupied condominiums and townhouses, and provides project development, asset management, and portfolio management services to institutional investors such as insurance companies and pension funds.

Product overview

Meravis is a real estate group operating primarily in Hannover and Hamburg, offering a vertically integrated portfolio of residential products and services. The core offering consists of rental management of over 12,000 residential units, new construction development for both rental and sale, and property management services. The product portfolio includes both core platforms — Wohnungsvermietung (rental management), Neubauvermietung (new construction rentals), Neubauverkauf (condominium sales), and Immobilienverwaltung (property management) — as well as the digital tenant portal 'meine.meravis' for online rental management. Named development projects function as product sub-brands: Limmerquartier (210 apartments/townhouses/commercial), Am grünen Bogen (121 units plus Kita), Iris-Runge-Quartier (161 apartments/commercial), and the announced URBAN.Q inner-city mixed-use quarter with THE.PEAK office tower.

Differentiator

Problem solved

Functional benefit

Brands

• meine.meravis: Digital tenant service portal for meravis tenants to manage rental affairs
• SPIRI.BO
• Urban.Q
• Limmerquartier
• Iris-Runge-Quartier
• Am grünen Bogen

Products and services

• Residential Rental Management (Wohnungsvermietung)
• Condominium and Townhouse Sales (Eigentumswohnungen / Kaufen)
• Property and Asset Management for Institutional Investors (Immobilienverwaltung)
• New Construction Project Development (Neubauprojekte)

Quantifiable outcome

• 95.3% new customer satisfaction rate (Mieterbefragung 2018)
• +3 more outcomes

Named customers14 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

Integration7 records

Feature4 records

Partnerships

Seven partnerships are on record, tiered minor and core.

• SigmaHeatminorStrategic or Co-development Partner · 25 October 2023Meravis and SigmaHeat jointly won the hubitation finals 2023 competition, focused on energy cost savings through highly efficient heating optimization. This innovation partnership demonstrates meravis's commitment to sustainable building technologies.
• GdW (Bundesverband deutscher Wohnungs- und Immobilienunternehmen e.V.)coreStrategic or Co-development Partner · 30 June 2022Meravis is part of a digital partnership between GdW (the German association of housing and real estate companies) and Spiri.Bo (meravis's own PropTech subsidiary). This partnership digitalizes housing industry services for all GdW member companies, providing shared digital tools and platforms.
• Spiri.BocoreTechnology or Integration · 30 June 2022Spiri.Bo is meravis's own PropTech company ('Unternehmen für digitale Services') providing digitalization services for the housing industry. Matthias Herter serves as contact. Spiri.Bo partnered with GdW to offer its digital services to GdW member housing companies.
• Landeshauptstadt HannovercoreStrategic or Co-development PartnerMeravis is developing the Urban.Q project with the City of Hannover on the site of the former Postscheckamt at Goseriede. This is a major mixed-use, climate-neutral inner-city quarter development featuring 350+ rental apartments, an office tower (THE.PEAK), commercial space, and a childcare facility.
• Sparkasse HannovercoreChannel Partner/ Reseller/ DistributorSparkasse Hannover acts as sales partner for the Am grünen Bogen property sales, handled through S-Immobilienvermittlung Hannover and sales representative Kim Joachim. This is the exclusive sales channel for private purchase of ownership apartments and townhouses.
• Jabusch + Schneider Architekten + Stadtplaner GmbHminorStrategic or Co-development PartnerArchitectural firm serving as the architect for the Am grünen Bogen project in Kronsrode Mitte, responsible for the distinctive 'Bogen, Winkel und Gerade' (arc, angle, straight) ensemble design featuring buildings arranged in a panoramic arc forming a 'D' shape.
• Gewoba NordminorStrategic or Co-development PartnerGewoba Nord commissioned meravis to develop 96 rental apartments at Diekmoorweg 20-32 in Hamburg-Langenhorn, completed in 2017.

Scale indicators6 records

Recent moves7 records

Expansion highlights6 records

Regional players

• GEWOBA AG Wohnen und Bauen: Bremen-based municipal housing company with ~42,000 managed units in northern Germany. Comparable regional German housing company focused on rental management and new development in a similar northern German metro.
• Howoge Wohnungsbaugesellschaft mbH: Berlin's municipal housing company managing ~78,000 units. Comparable vertically integrated business model in rental management and new construction serving similar institutional and tenant segments.
• SAGA Siedlungs-Aktiengesellschaft Hamburg: Hamburg's municipal housing company managing ~140,000 rental apartments. Directly comparable to Meravis in the Hamburg market and serves as a key local competitor for institutional and tenant relationships.

Direct peers

• Vonovia SE: Germany's largest residential landlord with ~500,000 owned units across the country. Direct competitor to Meravis in managing and developing rental housing, with overlapping customer base and similar service offerings.
• LEG Immobilien SE: Major German residential real estate company focused on North Rhine-Westphalia with ~166,000 managed units. Closely comparable business model of rental management, development, and tenant services within the German housing market.
• TAG Immobilien AG: Listed German residential real estate company focused on secondary cities in northern Germany, with portfolio of ~85,000 units. Direct peer to Meravis in regional German rental housing management and value-add development.
• Deutsche Wohnen SE: Major German residential real estate company (majority-owned by Vonovia) managing ~155,000 units primarily in Berlin and other German metros. Comparable in rental management, new development, and institutional property services.
• Bonava AB (German operations): Swedish-origin residential developer with significant operations in Germany developing for-sale and rental housing. Comparable in new construction project development, condominium sales, and sustainable building certifications.
• Instone Real Estate Group N.V. Listed German residential developer focusing on new housing construction and project development in German metropolitan areas. Closely comparable to Meravis's project development and condominium sales business lines.

Broad incumbents

• Grand City Properties S.A. International real estate company with a focus on German metropolitan residential properties (~67,000 units). Comparable in portfolio management, value-add repositioning, and tenant management of German rental housing.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat6 records

Key risks5 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/meravis
• Instagraminstagram.com/meravis_immobiliengruppe
• LinkedInlinkedin.com/company/meravis

Compliance6 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles13 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 Meravis Wohnungsbau und Immobilien