Baugenossenschaft 1894 Gießen eG

What Baugenossenschaft 1894 Gießen eG does

Baugenossenschaft 1894 Gießen eG is a registered German housing cooperative (eingetragene Genossenschaft) founded in 1894 and headquartered at Hölderlinweg 5, Gießen. It operates one of the largest residential housing portfolios in the city and district of Gießen, comprising approximately 1,190 apartments distributed across 136 buildings, with additional capacity in neighboring areas (including the BeethovenBlick penthouse development in Linden). The cooperative serves roughly 1,800 members, who are simultaneously tenants and co-owners of the entity, holding lifelong usage rights (Dauernutzungsrecht) and voting rights at annual member assemblies. The organization is overseen by a two-member Vorstand (Michael Schulte as Chair and Wolfgang Theuer as part-time board member), with Sebastian Bagsik serving as Prokurist and technical director, and is audited by the Verband der Südwestdeutschen Wohnungswirtschaft e.V. under mandatory German cooperative law.

The cooperative's core offering is affordable rental housing, including standard cooperative apartments, specialized senior housing (delivered in cooperation with the Deutsches Rotes Kreuz), and the new BeethovenBlick penthouse project. Ancillary services include in-house maintenance and repairs, member administration, accounting, janitorial and landscaping services, social/senior consulting, and a sustainability program that includes E-cargo bikes for member lending and photovoltaic installations on 10 buildings. No proprietary technology platforms, APIs, or digital marketplaces are disclosed; the operation relies on a small internal team of approximately 18-20 staff members and a basic company website for member communication.

The revenue model is straightforward recurring residential rental income from member-tenant payments, supplemented by ancillary cost recoveries (Nebenkosten) and modest member-related fees. The cooperative distributes a dividend to members (4% was paid in 2018), indicating a surplus-generating cost structure. Distribution is exclusively direct: prospective tenants contact the cooperative, are approved, and become members and tenants simultaneously. The GTM motion is community-led — word-of-mouth, member referrals, and the cooperative's 130+ year regional reputation drive demand, with no third-party intermediaries or marketing channels. Pricing is not publicly disclosed but is structured to be comparatively affordable rather than market-rate.

Name

Baugenossenschaft 1894 Gießen eG

Legal name

Baugenossenschaft 1894 Gießen eG

Website

https://bg1894.de

Company type

Private

Founded year

1894

Operating status

Operating

Headcount range

1–10 employees

Short description

Baugenossenschaft 1894 Gießen eG is a German housing cooperative founded in 1894 that owns and manages approximately 1,190 apartments across 136 buildings in Gießen, serving 1,800 member-tenants with affordable rental housing, senior accommodations, and a new penthouse development under the cooperative ownership model.

Ownership category

akta.pro rank

Product category

Cooperative Housing

NAICS

Rental and Leasing Services (532)

SIC

Operators Of Apartment Buildings (6513)

akta.pro primary industry

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

Keywords

• Housing cooperative
• Affordable rental housing
• Residential property management
• Member-owned cooperative
• Senior housing services

Headquarters

HQ city

Gießen

HQ country

Germany

HQ region

Europe

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

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

Revenue model

1. Residential Rental Income: Primary revenue stream from renting residential apartments to members. Tenants pay monthly rent which provides the cooperative with operating income. Members receive affordable housing in exchange for their rental payments, with pricing being comparatively lower than market rates.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels3 records

Core offering

Baugenossenschaft 1894 Gießen eG is a registered German housing cooperative (eingetragene Genossenschaft) that owns, maintains, and rents approximately 1,190 apartments across 136 buildings in the Gießen region. Tenants automatically become cooperative members and co-owners upon renting, receiving a lifelong usage right (Dauernutzungsrecht) and access to voting rights, dividends, and additional services such as senior housing, social consulting via the German Red Cross, and shared e-cargo bikes.

Product overview

Baugenossenschaft 1894 Gießen eG is a housing cooperative offering affordable rental apartments. Members automatically become co-owners upon renting. The cooperative provides various housing types including standard apartments, senior apartments, and the BeethovenBlick penthouse project. Services include rental management, member administration, repairs, and a social-senior consulting cooperation with the German Red Cross (DRK).

Differentiator

Problem solved

Functional benefit

Products and services

• Baugenossenschaftswohnungen (Cooperative Apartments) Affordable rental apartments where tenants automatically become cooperative members and co-owners upon renting. Members receive a permanent right of use (Dauernutzungsrecht) and lifelong housing security at rents that are kept comparatively low.
• Seniorenwohnungen (Senior Apartments) Specialized rental housing for seniors that combines cooperative membership with on-site social and senior consulting services delivered in cooperation with the German Red Cross (DRK). Designed for older members who want to age in place with access to support services.
• BeethovenBlick Penthouse Apartments New-build penthouse apartments in Linden offered as part of the cooperative's expansion of modern housing stock. Prospective members apply during the pre-registration phase to secure a unit in the project.
• Mitgliedschaft (Cooperative Membership) Membership in the cooperative that is automatically conferred upon renting an apartment. Grants co-ownership status, voting rights at member assemblies (Mitgliederversammlung), eligibility for dividend distributions, and lifelong usage rights.
• Reparaturmeldungen und Notfalldienst (Repair Services and Emergency Service) In-house maintenance and repair service for cooperative apartments, including an emergency (Notfalldienst) offering for urgent repairs. Handled by the cooperative's own repair staff along with apartment handover coordination.
• Sozial- und Seniorenberatung (Social and Senior Consulting) Social and senior consulting service for cooperative members, delivered through a partnership with the German Red Cross (DRK Kreisverband Marburg-Gießen) to help elderly residents access assistance and remain in their familiar surroundings.
• E-Lastenr\u00e4der (E-Cargo Bike Lending) Lending program for electric cargo bikes available to cooperative members at the Hölderlinweg 5 headquarters, supporting sustainable mobility and providing over 4 hours of riding per loan.

Quantifiable outcome

• 4% dividend paid to members (2018)
• +3 more outcomes

Named customers2 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Five partnerships are on record, tiered core and minor.

• Deutsches Rotes Kreuz (DRK) Kreisverband Marburg-GießencoreStrategic or Co-development Partner · 8 September 2018Social and senior consultation cooperation project. The partnership provides social support services for seniors living in the cooperative's housing, helping elderly residents access assistance and remain in their familiar surroundings.
• Treuhandgesellschaft für die Südwestdeutsche Wohnungswirtschaft mbHminorOthersData protection officer (Datenschutzbeauftragter) provided by this organization. Jan Heiner Hoffmann serves as the appointed data protection officer for compliance with GDPR requirements.
• Verband der Südwestdeutschen Wohnungswirtschaft e.V.coreOthersResponsible audit association (Prüfungsverband) that oversees and audits the cooperative. This is a mandatory relationship for German housing cooperatives under cooperative law.
• DESWOS (Deutsche Entwicklungshilfe für soziales Wohnungsbau)minorOthersCharitable donation partnership. The cooperative organized a fundraising campaign that raised over 8,000 EUR to support a workshop bus for vocational training of youth in Tanzania.
• Grundfarben WerbeagenturminorOthersAdvertising agency responsible for the visual design of the cooperative's website and marketing materials.

Scale indicators8 records

Recent moves8 records

Expansion highlights5 records

Broad incumbents

• Vonovia SE: Germany's largest residential property company and publicly listed incumbent, managing hundreds of thousands of apartments nationwide. Overlaps in the residential rental space but operates as a commercial, for-profit landlord rather than a member-owned cooperative; serves as the dominant benchmark for the German rental market BG 1894 operates in.
• Deutsche Wohnen SE: Major publicly listed German residential property manager with a portfolio of tens of thousands of apartments. Competes with cooperatives for tenants in the broader affordable-to-mid-market rental segment, but is a profit-driven incumbent rather than a member-owned cooperative.
• LEG Immobilien SE: Large publicly listed German residential real estate company focused primarily on North Rhine-Westphalia. Operates in the same affordable housing segment as German cooperatives but as a commercial landlord; relevant as a competitive incumbent in the regional rental market.
• GBG Mannheim GmbH: Municipal housing company of Mannheim managing a large affordable rental portfolio. Comparable in that it provides affordable rental housing at scale in a single German region, but operates under municipal ownership rather than the cooperative member-owned model of BG 1894.

Direct peers

• Münchner Wohnungsbaugenossenschaft 1899 eG: Munich-based housing cooperative founded in the same era as BG 1894, offering affordable rental apartments with cooperative membership and lifelong usage rights. Same traditional German Baugenossenschaft model and comparable founding-era heritage.
• Spar- und Bauverein Hannover eG: Long-established Hannover-based housing cooperative (founded 1886) operating thousands of rental apartments for member-tenants. Nearly identical operating model — single-city regional housing cooperative with traditional German eG structure and lifelong tenancy rights.
• WOGENO München eG: Self-organized housing cooperative in Munich focused on permanently affordable rental housing through member-ownership. Shares the same German cooperative (eG) legal structure, lifelong usage rights, and member-participation governance as BG 1894.
• Wohnungsgenossenschaft Solidarität eG: Traditional German housing cooperative focused on affordable rental housing for member-tenants. Operates under the same eG cooperative structure with lifelong usage rights and member governance, comparable in scale and single-region focus.
• Baugenossenschaft Hamburg: One of Germany's largest traditional housing cooperatives operating thousands of apartments in Hamburg under the same Baugenossenschaft model (tenant-members with lifelong usage rights). Directly comparable cooperative structure, geographic focus on a single German metropolitan region, and member-driven governance model.
• ndm Wohnungsgenossenschaft eG: Medium-sized German housing cooperative operating affordable rental apartments for member-tenants under the traditional eG cooperative structure. Directly comparable in business model, regional single-market focus, and lifelong tenancy rights.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks1 record

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/baugenossenschaft-1894-gie%C3%9Fen-eg

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 records

Funding overview

Funding rounds

Investors

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M&A

Investments

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