Wohnstätte Krefeld

What Wohnstätte Krefeld does

Wohnstätte Krefeld Wohnungs-AG is a municipal housing company (kommunales Wohnungsunternehmen) headquartered at Petersstraße 121, 47798 Krefeld, Germany, and wholly owned by the City of Krefeld. Founded on May 12, 1897, by citizens of Linn to deliver affordable housing, it has grown into the largest locally headquartered residential property company in Krefeld with a portfolio of 8,934 apartments (7,212 free-financed, 1,722 publicly subsidized), 88 commercial units, two senior homes, and 3,086 parking spaces, totaling 639,873 square meters of living and usable space. Operations are exclusively within Krefeld and serve broad private, subsidized (WBS), senior, disability, and commercial tenant segments.

Revenue is generated primarily from recurring monthly rents at an average €6.40/sqm/month, supplemented by property sales (condominiums, buildings, land), third-party property management, and ancillary parking income. In FY2024, Umsatzerlöse reached €71.671M (up 9.3% from €65.552M), producing an annual surplus of €9.845M on a €389.7M balance sheet with approximately €107M in equity (27.5% equity ratio) and €18.7M of operating cash flow. Vacancy stood at 4.4% (only 0.44% market-driven) and tenant turnover at 5.9%. Distribution combines a self-serve Typo3-based website with search filters for cold rent, size, rooms, and district, seven district-based personal contacts, on-site consultation at the Petersstraße headquarters, and a digital customer portal with mobile app. Marketing includes the "Willkommen zu Hause" customer magazine (~9,500 copies) and broad local sports sponsorship.

The technology stack is conventional rather than differentiated: Typo3 CMS, Usercentrics consent management, Google Maps, and Facebook social plugins. Operational technology focuses on tenant-facing digitization (customer portal, defect reporting, prospect forms) and an asset data digitalization project with wowiconsult GmbH. A fiber-to-the-home partnership with OXG and Vodafone (announced November 2024) will equip the entire stock with high-speed connectivity. The company has committed to climate neutrality of its building stock by 2045 via membership in the Krefelder Klimapakt (October 2024), with estimated total decarbonization costs of approximately €1B and €150M of capex planned over the next five years. Governance sits with a Supervisory Board chaired by Jürgen Hengst and a dual-Vorstand comprising Bastian Imig (CEO/Chairman, from September 1, 2024) and Sandra Altmann (M.A. Real Estate Management, from July 1, 2024), following the August 2024 retirement of long-serving CEO Thomas Siegert.

Name

Wohnstätte Krefeld

Legal name

Wohnstätte Krefeld Wohnungs-AG

Website

https://wohnstaette-krefeld.de

Company type

Private

Founded year

1897

Operating status

Operating

Headcount range

1–10 employees

Short description

Wohnstätte Krefeld Wohnungs-AG is a municipal housing company owned by the City of Krefeld. Founded in 1897, it manages 8,934 apartments plus 88 commercial units in Krefeld, providing affordable residential and commercial real estate to broad tenant segments.

Ownership category

akta.pro rank

Product category

Residential Housing Services

NAICS

Rental and Leasing Services (532), Lessors of Residential Buildings and Dwellings (53111), Lessors of Nonresidential Buildings (except Miniwarehouses) (531120)

SIC

Operators Of Apartment Buildings (6513), Real Estate Agents & Managers (For Others) (6531), Services-To Dwellings & Other Buildings (7340)

akta.pro primary industry

Multifamily Apartment Property Management (BPAJAFAA)

Keywords

• Residential property rental
• Affordable housing
• Social housing management
• Commercial real estate leasing
• Property management services

Headquarters

HQ city

Krefeld

HQ country

Germany

HQ region

Europe

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

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

Revenue model

1. Mieterlöse: Kern der Umsatzerlöse. Die durchschnittliche Sollmiete beträgt 6,40 €/qm/mtl. Umsatzerlöse 2024: 71.671 T€.
2. Immobilienverkauf: Verkauf von Grundstücken, Gebäuden und Wohnungen im Rahmen der Portfolio-Entwicklung.
3. Bewirtschaftung Dritter: Fremdverwaltung, Drittverwaltung und Wohnungseigentumsverwaltung für externe Auftraggeber.

Pricing tiers

Go-to-market motion2 records

Distribution channels4 records

Marketing channels5 records

Core offering

Wohnstätte Krefeld is a municipal housing company that manages and rents out 8,934 residential apartments (including publicly subsidized and privately financed units) and 88 commercial units in Krefeld, Germany. The company also sells residential apartments, buildings, and land plots, and provides digital tenant services through an online customer portal along with social counseling support for tenants in difficult life situations.

Product overview

Wohnstätte Krefeld is a municipal housing company (Wohnungs-AG) offering a comprehensive portfolio of residential and commercial real estate services. The core offering consists of rental apartments (8,934 units including both publicly subsidized and privately financed options), commercial spaces for offices, retail, and gastronomy, and property sales. Digital tenant services are delivered through the Kundenportal, enabling online management of rental contracts, defect reporting, and form submissions. Additional services include repair reporting, social support counseling, and community programs. The company operates exclusively within Krefeld, Germany, with properties distributed across multiple districts. New digital services include fiber optic connectivity (via OXG/Vodafone partnership) and e-bike sharing stations. The company publishes annual and sustainability reports and maintains an active customer magazine ('Willkommen zu Hause').

Differentiator

Problem solved

Functional benefit

Products and services

• Residential Apartments (Wohnungen)
• Commercial Office/Practice Spaces (Büro/Praxis)
• Retail Spaces (Einzelhandel)
• Gastronomy/Hotel Spaces (Gastronomie/Hotels)
• Garages and Parking Spaces (Garagen/Stellplätze)
• Apartments for Sale (Wohnungen zum Kauf)
• Buildings for Sale (Gebäude zum Kauf)
• Land/Properties for Sale (Grundstücke)
• Customer Portal (Kundenportal)
• Repair Reporting Service (Reparaturmeldung)
• Social Support Services (Soziales Engagement)
• E-Bike Sharing (E-Spot)
• Prospect Form (Interessentenbogen)

Named customers3 records

Segments5 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration4 records

Feature3 records

Partnerships

Seven partnerships are on record, tiered core and minor.

• OXG / VodafonecoreTechnology or Integration · 1 November 2024Partnerschaft mit OXG und Vodafone für flächendeckende Glasfaseranschlüsse (FTTH) im gesamten WKR-Bestand. Alle Haushalte werden nach und nach mit eigenen Glasfaseranschlüssen ausgestattet. Die moderne Glasfasertechnologie sorgt für hohe Internet-Leistungsfähigkeit.
• Krefelder KlimapaktcoreStrategic or Co-development Partner · 1 October 2024Beitritt zum Krefelder Klimapakt als größtes ortsansässiges Wohnungsunternehmen. Ziel: Klimaneutralität des Gebäudebestands bis 2045 mit geschätzten Investitionen von 1 Mrd. €.
• KSV Germania Krefeld 1891 e.V.coreGTM or Marketing Partner · 1 January 2016Premium-Partner seit 2016. Unterstützung des Ringerclubs mit über 400 Mitgliedern aus 38 Nationen. Kostenlose einjährige Schnupper-Mitgliedschaft für Wohnstätte-Mieter.
• Alexianer Wohnverbund KrefeldcoreStrategic or Co-development PartnerKooperation für inklusives Wohnprojekt an der Herbertzstraße 179 mit 23 Wohnungen für Menschen mit Behinderungen. Quartiersraum für Nachbarschaftskontakte.
• Lebenshilfe KrefeldcoreStrategic or Co-development PartnerPartnerschaft für Wohnprojekt 'Alte Papiersackfabrik Behn' mit 9 speziellen Wohnungen für Menschen mit Behinderungen.
• Verband der Wohnungs- und Immobilienwirtschaft Rheinland-Westfalen e.V.minorOthersBestellung zum Abschlussprüfer für Jahresabschluss und Lagebericht. Erteilung des uneingeschränkten Bestätigungsvermerks.
• Sportvereins-Nachwuchs KrefeldminorGTM or Marketing PartnerUnterstützung diverser Sportvereins-Nachwuchsmannschaften: KFC Uerdingen 05, VfR Fischeln, Krefeld Ravens, KEV 1981, HSG Krefeld Niederrhein, Reiterverein Bayer Uerdingen, SC Bayer 05 Uerdingen, HTC Blau-Weiß Krefeld, CHTC, Fecht Club Krefeld.

Scale indicators17 records

Recent moves8 records

Expansion highlights5 records

Broad incumbents

• TAG Immobilien AG: German residential landlord with ~85k units concentrated in lower-priced German regions. Similar value-add and modernization playbook to WKR, focused on affordable housing in secondary cities.
• Vonovia SE: Germany's largest residential landlord (~500k units) post-Deutsche Wohnen merger. Directly comparable business model (rental housing management, portfolio modernization, sustainability roadmap) but at national scale versus WKR's single-city Krefeld focus.
• LEG Immobilien SE: Major German residential property company focused on North Rhine-Westphalia (where Krefeld sits), with ~166k units. Closest geographic peer to WKR with similar NRW operating environment, regulated rents, and municipal-tenant mix.

Direct peers

• Gewobag Wohnungsbau-Aktiengesellschaft Berlin: Berlin municipal housing company (~66k units). Same publicly-owned, social-mandate structure as WKR with comparable focus on affordable rents, neighborhood development, and Klimaneutralität targets.
• Howoge Wohnungsbaugesellschaft mbH: Berlin municipal housing company (~78k units) owned by the State of Berlin. Most direct structural peer — publicly-owned, social mandate, large-scale portfolio management with climate-neutrality roadmap and digital tenant services.
• degewo AG: Berlin municipal housing company (~75k units), state-owned with social mandate. Comparable structure: large multifamily portfolio, regulated rents, modernization pipeline, tenant portal, and Berlin-Klimapakt-equivalent sustainability commitments.
• GESOBAU AG: Berlin municipal housing company (~45k units). Same publicly-owned AG structure as WKR, focused on affordable rents in a defined geography, with comparable modernization and tenant-engagement programs.
• SAGA Siedlungs-Aktiengesellschaft Hamburg: Hamburg's municipal housing company (~138k units). Direct structural peer — city-owned, large multifamily stock, mixed free/subsidized rents, climate roadmap, and digital tenant services comparable to WKR's Kundenportal.
• Nassauische Heimstätte / Wohnstadt (NHW): Hessen municipal housing group (~60k units) including Wohnstadt. Same city-owned social-housing model, with comparable focus on Klimaneutralität, mixed residential/commercial stock, and tenant services.

Regional players

• GWG Krefeld eG: Krefeld-based housing cooperative operating in the same city as WKR. Closest local geographic peer, offering comparable affordable rental housing — though structured as a Genossenschaft rather than a municipal AG.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

Compliance3 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 Wohnstätte Krefeld