Wismarer Wohnungsgenossenschaft

What Wismarer Wohnungsgenossenschaft does

Wismarer Wohnungsgenossenschaft eG is a member-owned housing cooperative (eingetragene Genossenschaft) headquartered at Philipp-Müller-Str. 25 in the Hansestadt Wismar, Mecklenburg-Vorpommern, Germany. Founded in 1954 as 'Arbeiterwohnungsgenossenschaft der MTW,' it operates more than 2,000 rental apartments across seven residential districts — Wismar-Süd, Wendorf, Wismar-West/Köppernitztal, Wismar-Ost/Kagenmarkt, Friedenshof (I and II), and Wohnpark Gägelow — serving singles, families, students, apprentices, and seniors with lifelong tenancy rights (lebenslanges Wohnrecht). Members acquire cooperative shares (Genossenschaftsanteile) per the cooperative's Satzung, gaining both residency rights and democratic participation in governance overseen by a Vorstand (Hellen Bahlcke, Regina Suckow) and Aufsichtsrat chaired by Sylvia Bartsch.

The core product is apartment rental on a subscription/recurring revenue basis, augmented by parking spaces (Stellplätze €20–35/month, Garagen up to €50/month) and an all-inclusive student housing tier bundling rent, heating, hot water, electricity, and cable TV for €154/year in cooperative shares. Pricing tiers are unit-based with monthly billing, and add-on services include online repair reporting, a member download center, and a 24/7 Havarie-Notdienst emergency hotline coordinated through Wismarer Betriebssicherheitsservice GmbH (WBS). Technology infrastructure is conventional: Vodafone/Kabel Deutschland broadband cable for most apartments, a fiber optic expansion with Deutsche Telekom underway as of March 2025, and a WordPress-based website with online apartment search and inquiry forms. Distribution is direct-to-consumer through a single headquarters office, phone, email, and self-service website; outreach extends via Facebook and Instagram plus Wismar TV video content, with community sponsorships of local sports and charitable organizations reinforcing brand embeddedness.

The cooperative operates on a non-profit basis, reinvesting revenue into maintenance and modernization, with statutory audit oversight by Prüfungsverband der kleinen- und mittelständischen Genossenschaften e.V. and registration at Amtsgericht Schwerin (Genossenschaftsregister Nr. 185). Revenue is not publicly disclosed. No external funding rounds, subsidiaries, M&A activity, or AI/ML capabilities are present; expansion is confined to the Wismar market.

Name

Wismarer Wohnungsgenossenschaft

Legal name

Wismarer Wohnungsgenossenschaft eG

Website

https://wismarer-wg.de

Company type

Private

Founded year

1954

Operating status

Operating

Headcount range

1–10 employees

Short description

Wismarer Wohnungsgenossenschaft eG is a member-owned housing cooperative in Wismar, Germany, managing 2,000+ rental apartments across seven districts with lifelong tenancy rights for singles, families, students, apprentices, and seniors. Revenue comes from recurring rent, parking, and all-inclusive student housing, with non-profit reinvestment into maintenance and modernization.

Ownership category

akta.pro rank

Product category

Residential Housing Cooperative

SIC

Services-To Dwellings & Other Buildings (7340), Services-Membership Organizations (8600)

akta.pro primary industry

Cooperative (Co-op) Housing Association Management (BPAJAHAC)

akta.pro secondary industry

HOA / Condominium Association Management (BPAJAFAH)

Keywords

• Housing cooperative
• Residential rental apartments
• Cooperative housing services
• Student housing
• Parking rentals

Headquarters

HQ city

Wismar

HQ country

Germany

HQ region

Europe

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

Operations, Infrastructure, Personnel, Supply Chain, Marketing or Sales

Revenue model

1. Apartment Rental: Primary revenue from renting apartments to members. Members pay monthly rent including base rent plus operating costs and heating. Revenue is recurring as long as tenants remain in the apartments.
2. Parking Space Rental: Monthly rental of parking spaces (Stellplätze) and garages in various residential areas. Prices range from €20-50 per month depending on location and type.
3. All-Inclusive Student Housing: Student apartments with all-inclusive pricing including rent, heating, hot water, electricity, and cable TV. Fixed monthly pauschal amount with low entry costs through cooperative shares.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels4 records

Core offering

Wismarer Wohnungsgenossenschaft eG is a member-owned housing cooperative founded in 1954 that rents out more than 2,000 residential apartments across seven residential areas in Wismar, Germany. The cooperative provides lifetime tenancy rights to its members along with ancillary services such as student all-inclusive housing, parking spaces, and garages.

Product overview

Wismarer Wohnungsgenossenschaft eG operates as a housing cooperative providing rental apartments across seven residential districts in Wismar (Wismar-Süd, Wendorf, Wismar-West/Köppernitztal, Wismar-Ost/Kagenmarkt, Friedenshof, and Wohnpark Gägelow). The core product is apartment rental with over 2,000 Wohnungen (apartments) offering lifelong housing rights to members. The portfolio includes specialized offerings such as Studentenwohnungen (student housing with All-Inklusive packages including utilities and cable), add-on parking facilities (Stellplätze & Garagen), digital services (online repair reporting, download center with forms and member journals), and emergency services. Services also encompass broadband/cable TV via Vodafone, fiber optic expansion through Deutsche Telekom, and 24/7 emergency hotline coordination. The cooperative targets diverse demographics including singles, families, students, apprentices, and seniors.

Differentiator

Problem solved

Functional benefit

Products and services

• Apartment Rental (Wohnungsvermietung) Rental of residential apartments across seven residential areas in Wismar, available to cooperative members who hold Genossenschaftsanteile (cooperative shares), with lifelong tenancy rights and personalized member service.
• Student All-Inclusive Housing All-inclusive rental apartments tailored for students, apprentices, and trainees in Wismar, providing move-in-ready accommodations with bundled services and proximity to universities and colleges.
• Parking Spaces and Garages Rental of car parking spaces and garages available to members and tenants across the cooperative's seven residential areas in Wismar.

Segments3 records

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration3 records

Feature1 record

Partnerships

13 partnerships are on record, tiered core and minor.

• Prüfungsverband der kleinen- und mittelständischen Genossenschaften e.V.coreOthersThe company's statutory audit association (Prüfungsverband). Located at Boxhagener Straße 76, 78, 10245 Berlin. Ensures compliance with cooperative regulations and financial oversight. The company's registration at Amtsgericht Schwerin, Genossenschaftsregister Nr. 185 is overseen through this partnership.
• Vodafone Deutschland GmbH / Kabel DeutschlandcoreTechnology or IntegrationProvides broadband cable connections for TV, internet, and telephone services in most apartments. Tenants must sign separate service contracts with Vodafone. The company maintains infrastructure for these services in their properties.
• Wismarer WirtschaftsgemeinschaftminorGTM or Marketing PartnerLocal business association in Wismar that the housing cooperative partners with for local economic development and community building initiatives.
• IHK zu SchwerinminorOthersChamber of Commerce and Industry (Industrie- und Handelskammer) for the Schwerin region. Supports local businesses including the housing cooperative.
• PSV WismarminorGTM or Marketing PartnerSports club sponsorship - the cooperative supports this local sports organization through sponsorship (Trikotübergabe/t-shirt handover visible on website).
• FC Anker WismarminorGTM or Marketing PartnerSports club sponsorship - local football club sponsored by the housing cooperative.
• SV Schifffahrt Hafen Wismar 61 e.V.minorGTM or Marketing PartnerSports club (shipping and port association) sponsorship - cooperative supports this local organization through sponsorship.
• TSG WismarminorGTM or Marketing PartnerSports club sponsorship - cooperative supports this local sports organization.
• Kinderwelt Wismar e.V.minorGTM or Marketing PartnerCharitable organization for children supported by the cooperative through donations and sponsorship.
• Wismarer TafelminorGTM or Marketing PartnerFood bank / charitable organization supported by the cooperative through donations and sponsorship.
• Wings of Wismar – Akademischer Segelverein Wismar e.V.minorGTM or Marketing PartnerAcademic sailing club sponsored by the cooperative - represents university/alumni community connection.
• Wismarer Betriebssicherheitsservice GmbH (WBS)coreImplementation/ SI/ Consulting PartnerEmergency/after-hours service partner for emergency calls (Havarie-Notdienst). Coordinates emergency repairs for heating, electrical, gas/water issues outside business hours. Contact: 03841/77 09 30 88 or 03841/76 46 46.
• Bahlcke SicherheitstechnikcoreImplementation/ SI/ Consulting PartnerLocksmith and security technology service for key replacement and lock changes in the building master key system. Contact for lost keys or duplicate keys for apartments integrated into the master key system.

Scale indicators3 records

Recent moves5 records

Expansion highlights5 records

Broad incumbents

• Deutsche Wohnen SE: Major German residential property company focused on urban apartments, primarily in Berlin. Same core business of residential rental property management as Wismarer Wohnungsgenossenschaft, though at a much larger scale and concentrated in a single metropolitan market.
• TAG Immobilien AG: Listed residential real estate company with portfolio concentrated in northern and eastern German cities including the former East German states. Operates the same residential rental business model as Wismarer Wohnungsgenossenschaft but at scale and across multiple regional markets.
• LEG Immobilien AG: NRW-focused listed residential landlord managing ~170,000 apartments. Comparable core business of residential rental property management to Wismarer Wohnungsgenossenschaft, serving diversified tenant segments including students, families, and seniors in German metropolitan and regional markets.
• Vonovia SE: Germany's largest residential landlord with ~500,000+ apartments across the country. Listed on the DAX and a member of the GDW (GdW Bundesverband deutscher Wohnungs- und Immobilienunternehmen), the same industry association as Wismarer Wohnungsgenossenschaft. Operates the same core business model at massive scale.

Direct peers

• Gewobag: Berlin-based municipal housing company with ~75,000 apartments. Closely comparable model to Wismarer Wohnungsgenossenschaft as a large-scale German residential landlord serving diverse demographics including students, families, and seniors with municipal and cooperative-style missions.
• Wohnungsbaugenossenschaft 'Einstreu' eG: Eastern German housing cooperative operating under the same German Wohnungsgenossenschaft (eG) legal structure as Wismarer Wohnungsgenossenschaft. Directly comparable as a small-to-medium housing cooperative providing similar lifelong tenancy rights and member-share structure.
• HOWOGE Wohnungsbaugesellschaft mbH: Berlin municipal housing company managing ~85,000 apartments. Comparable to Wismarer Wohnungsgenossenschaft as a major German residential rental operator serving broad demographics with similar service offerings and member/tenant-centric operations.
• GESOBAU AG: Berlin housing cooperative-style company managing ~45,000 apartments. Comparable residential rental model serving diverse demographics in a German metropolitan market, with similar focus on affordable housing and tenant services.
• SAGA Unternehmensgruppe: Hamburg-based municipal housing company managing ~140,000 apartments for the city. Operates the same residential rental business model as Wismarer Wohnungsgenossenschaft, providing affordable housing to broad demographic segments with a similar service-oriented approach.

Others

• GdW Bundesverband deutscher Wohnungs- und Immobilienunternehmen e.V. German federal association of housing and real estate companies, of which Wismarer Wohnungsgenossenschaft is a member. Not a direct competitor but a key industry body providing regulatory representation and benchmarking for the cooperative's primary industry segment.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• Facebookfacebook.com/Wismarer.Wohnungsgenossenschaft
• Instagraminstagram.com/wismarer_wg
• LinkedInlinkedin.com/company/wismarer-wohnungsgenossenschaft-eg

Revenue estimate

Valuation estimate

Number of profiles

Profiles6 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 Wismarer Wohnungsgenossenschaft