Property and building management

What Property and building management does

GGG - Grundstücks- und Gebäudewirtschafts-Gesellschaft m.b.H. is a privately-held German housing and property management company headquartered in Chemnitz, Saxony. It is the second-largest housing company in Saxony and the third-largest in the new federal states of East Germany, operating a portfolio of approximately 25,000 residential apartments and 140,000 m² of commercial real estate — making it the largest commercial property owner in Chemnitz. The company serves a full lifecycle of housing demand through specialized sub-brands: StudiWohnen for students and apprentices (all-inclusive rent from €200/month), Seniorenwohnungen for older adults, Demenz-WG for dementia patients requiring 24/7 supervised shared living, Ferienwohnungen for short-term tourism tied to Chemnitz's European Capital of Culture 2025 designation, and MobilWohnen accessibility adaptations for tenants with physical impairments.

The company's core technology is the Aareon CRM-based meineGGG tenant portal, available via web and mobile apps (iOS/Android), which handles contract documents, rent account balance viewing, damage reporting with photo upload, and online applications. All rentals are executed provisionsfrei (commission-free) through the wholly-owned subsidiary WiC – Die Vermieter der GGG, which operates two physical service offices (Steinhaus and Innenstadt). Property management, caretaker services, and construction management are internalized through RWF (Röhrsdorfer Wohnungsbauförderungsgesellschaft mbH), which maintains 70+ qualified tradespeople, while municipal construction projects are executed through KBC (KommunalBau Chemnitz GmbH, founded 2019).

Commercially, GGG's revenue is centered on recurring monthly rental income from residential and commercial tenants, with no disclosed figure but a scale consistent with a portfolio of this size. Active capital deployment includes a €4.5M Küchwaldkarree renovation (completion October 2025), a €6.3M Johanniskarree inner-city renovation (completion September 2026), a €2.7M Alfred-Neubert-Straße modernization (KfW 85 standard, completion October 2026), a gas-to-electric phase-out program in three districts since 2023, and photovoltaic installations in the Gablenz district. The company holds the Handelsblatt 'Beste Ausbilder 2025' award and has been certified as a family-friendly employer since 2012 (first housing company in the region to receive this certification).

Name

Property and building management

Legal name

Grundstücks- und Gebäudewirtschafts-Gesellschaft m.b.H.

Website

https://ggg.de

Company type

Private

Operating status

Operating

Headcount range

1–10 employees

Short description

GGG is a privately-held Chemnitz-based housing company managing 25,000 apartments and 140,000 m² of commercial space as the second-largest Saxon landlord, serving families, students, seniors, and dementia patients through specialized sub-brands and a direct, commission-free rental model.

Ownership category

akta.pro rank

Product category

Residential Property Management

NAICS

Lessors of Residential Buildings and Dwellings (53111), Continuing Care Retirement Communities and Assisted Living Facilities for the Elderly (62331), Other Residential Care Facilities (62399)

SIC

Services-To Dwellings & Other Buildings (7340)

akta.pro primary industry

Co-Living Property Management (BPAJAFAJ)

akta.pro secondary industries

Student-Focused Co-Living (Flexible, Community-Led) (THAMAGAI), Whole-Home Rentals (Houses, Villas, Cabins) (THAGANAA)

Keywords

• Residential property management
• Commercial real estate rental
• Apartment leasing services
• Student housing programs
• Municipal housing company

Headquarters

HQ city

Chemnitz

HQ country

Germany

HQ region

Europe

Offices3 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

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

Revenue model

1. Residential Rental Income: Monthly rental income from approximately 25,000 apartments across Chemnitz. Rent is determined by apartment size, location, and amenities. Rental agreements include provisionsfrei terms with no commission or co-operative share requirements.
2. Commercial Property Rental: Rental income from approximately 140,000 m² of commercial space, making GGG the largest owner of commercial real estate in Chemnitz. Includes retail stores, offices, medical practices, and gastronomy spaces.
3. Vacation/Apartment Rental: Short-term rental income from vacation apartments in Chemnitz marketed as cultural heritage discovery accommodations with 1960s-80s style furnishings.

Pricing tiers

Go-to-market motion2 records

Distribution channels4 records

Marketing channels5 records

Core offering

GGG provides residential apartment rentals (approximately 25,000 units) and commercial property rentals (approximately 140,000 m²) in Chemnitz, Germany, offered on a commission-free basis through its subsidiary WiC. Its portfolio includes specialized housing concepts for students, seniors, and dementia patients, as well as property management, maintenance, accessibility adaptations, multimedia services, and vacation rentals. The company also performs renovation and modernization projects across its portfolio.

Product overview

GGG (Grundstücks- und Gebäudewirtschafts-Gesellschaft m.b.H.) is a comprehensive property and building management company based in Chemnitz

Differentiator

Problem solved

Functional benefit

Brands

• StudiWohnen: Student and apprentice housing program with all-inclusive rent packages starting from 200 EUR per month
• StudiWohnen® - Einfach UNIversell
• meineGGG

Products and services

• Mietwohnungen (Apartment Rentals) GGG's core residential portfolio of approximately 25,000 apartments across Chemnitz, rented provisionsfrei (commission-free) without cooperative shares. Includes 1-room to 4-room units across city districts, filterable by location, rental price, rooms, and floor area.
• Gewerberäume (Commercial Spaces)
• meineGGG (Tenant Portal)
• StudiWohnen® (Student Housing)
• Demenz-WG (Dementia Shared Living)
• Seniorenwohnungen (Senior Apartments)
• MobilWohnen (Mobility Living)
• Multimedia Services
• Havarie (Emergency Repair Service)
• Ferienwohnungen (Vacation Apartments)

Quantifiable outcome

• 25,000 apartments managed provisions-free without commission or co-operative shares
• +2 more outcomes

Named customers5 records

Segments6 records

Ideal customer profiles6 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature2 records

Partnerships

Six partnerships are on record, tiered strategic, core and minor.

• KBC - KommunalBau Chemnitz GmbHstrategicStrategic or Co-development Partner · 1 January 2019100% subsidiary founded in 2019 as in-house company to support Chemnitz city with municipal construction projects including schools, childcare facilities, and infrastructure improvements.
• WiC - wohnen in chemnitz gmbHcoreChannel Partner/ Reseller/ Distributor100% subsidiary handling all rental of 25,000 GGG apartments provisions-free. Manages both residential and commercial property rentals with specialized consultants providing viewings, planning, and contract support.
• RWF - Röhrsdorfer Wohnungsbauförderungsgesellschaft mbHcoreImplementation/ SI/ Consulting Partner100% subsidiary since 1992 providing property management services including residential property management, caretaker services, and construction management with 70+ construction workers for building maintenance and renovation.
• Aareon Deutschland GmbHcoreTechnology or IntegrationTechnology partner providing the CRM tenant portal platform (meineGGG) with cloud-based property management, maintenance, and tenant communication capabilities.
• Eins Energie in SachsenminorChannel Partner/ Reseller/ DistributorRegional energy provider offering internet, TV, and telephony services via fiber optic connections to GGG tenants.
• PYUR (Tele Columbus AG)minorChannel Partner/ Reseller/ DistributorCable television and internet provider supplying high-speed internet, telephony, and 250+ cable TV channels to GGG properties.

Scale indicators6 records

Recent moves7 records

Expansion highlights5 records

Direct peers

• Grand City Properties S.A. European residential landlord with material portfolio in Germany including urban urban markets. Comparable for portfolio management, regulated-rent dynamics, and value-add capex strategy.
• LEG Immobilien SE: Public German residential landlord focused on North Rhine-Westphalia with similar portfolio management, modernization capex programs, and regulated rent dynamics. Comparable in scale and operational model.
• Vonovia SE: Germany's largest residential landlord (~500k+ units). Direct comparable as a multi-region apartment landlord with similar regulated-rent dynamics, in-house property management, and modernization programs.
• Gewobag Wohnungsbau-Aktiengesellschaft Berlin: Berlin municipal housing company (~70k units) with comparable ownership profile, large-scale residential portfolio, and integrated property services. Comparable as a city-anchored public-purpose landlord.
• TAG Immobilien AG: German residential landlord with strong presence in East German markets (including Saxony). Directly comparable to GGG for its regional Eastern German housing exposure and value-add renovation strategy.
• SAGA Siedlungs-Aktiengesellschaft Hamburg: Hamburg municipal housing company (~140k units). Comparable as a city-Anchored housing company with similar municipal ownership, lifecycle-segment housing, and digital tenant service portals.
• HOWOGE Wohnungsbaugesellschaft mbH: Berlin municipal housing company (~80k units) with comparable municipal-style ownership structure, in-house service subsidiaries, and regulated-rent portfolio. Direct comparable on business model and governance.
• Deutsche Wohnen SE: Major German residential property company (now part of Vonovia) operating in urban markets with comparable tenant services, digitization investments, and exposure to rent regulation. Comparable portfolio scale and operating model.

Regional players

• Wohnungsbaugenossenschaft Chemnitz eG: Local Chemnitz housing cooperative directly competing in the same city. Comparable for head-to-head competition on tenant pricing, neighborhood coverage, and regulatory exposure in the same municipal market.
• Woba Dresden GmbH & Co. KG: Dresden municipal housing company operating in the same Saxon market. Comparable for Saxon-specific regulatory dynamics, East German residential rental demand, and modernization capex strategy.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/ggg.chemnitz

Revenue estimate

Valuation estimate

Number of profiles

Profiles12 records

Subsidiaries6 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 Property and building management