Vereinigte Wohnstätten 1889 eG

What Vereinigte Wohnstätten 1889 eG does

Vereinigte Wohnstätten 1889 eG is an eingetragene Genossenschaft (registered cooperative) headquartered in Kassel, Germany, founded in 1889 and operating for more than 135 years. It provides affordable residential housing to roughly 4,500 member-tenants across an owned portfolio of approximately 700–710 buildings in Kassel, Bad Wildungen, Waldeck, and Fuldatal-Ihringshausen. The cooperative is led by a Vorstand (Claudia Krupinski and Britta Marquardt) and an Aufsichtsrat chaired by Petra Krug, with member governance exercised through a Vertreterversammlung (representative assembly). As a non-profit cooperative audited by Verband der Südwestdeutschen Wohnungswirtschaft e.V., it reinvests surpluses into its housing stock and charges an average rent of EUR 4.38 per square meter, materially below local market rates for private landlords.

The cooperative's core product is residential housing rental, underpinned by a member-services platform delivered through TYPO3-based web infrastructure. Digital services include a Mieterportal hosted on the Aareon CRM platform (aareon.com tenant portal login), a Mieterapp mobile application for service requests and communication, online damage reporting (Online Schadensmeldung), and a member Mieterticket transit partnership. Adjacent member benefits include Gästewohnungen (guest apartments), the KARLA-Lastenrad cargo-bike sharing program, Glasfaser fiber-optic upgrades, and the non-profit affiliate Hand in Hand e.V. providing neighborhood assistance and social support. The cooperative is registered at Friedrich-Ebert-Str. 181, 34119 Kassel, under GnR 305 at Registergericht Kassel, and the reported core FTE headcount is ~10, with operations supported by external contractors and specialized service providers.

Revenue is generated almost entirely through monthly rental subscriptions denominated per square meter and varying by neighborhood, floor level, and apartment amenities. The cooperative does not operate paid acquisition channels, relying instead on its website (die1889.de), Mieterzeitung tenant newsletter, community magazine (LIEBLINGS/STÄTTEN), and community events (including the Kunsthandwerkermarkt artisan market). Cadence of investment is signaled by a 2023 maintenance and modernization spend of approximately EUR 13.8 million, supporting ongoing stock preservation across a property portfolio spanning construction years from 1889 through 2010.

Name

Vereinigte Wohnstätten 1889 eG

Legal name

Vereinigte Wohnstätten 1889 eG

Website

https://die1889.de

Company type

Private

Founded year

1889

Operating status

Operating

Headcount range

1–10 employees

Short description

Vereinigte Wohnstätten 1889 eG is a Kassel-based housing cooperative, founded in 1889, providing affordable residential rentals to roughly 4,500 member-tenants across approximately 700 properties in Kassel, Bad Wildungen, Waldeck, and Fuldatal-Ihringshausen, supplemented by digital tenant services, transit partnerships, and community programs.

Ownership category

akta.pro rank

GTM type

B2C

Offering type

Services

Cost components

Operations, Personnel, Infrastructure, Others

Pricing tiers

Distribution channels1 record

Marketing channels3 records

Core offering

Vereinigte Wohnstätten 1889 eG is a registered housing cooperative (eingetragene Genossenschaft) founded in 1889, headquartered in Kassel, Germany. The cooperative provides affordable rental housing to approximately 4,500 members/tenants across roughly 700 buildings in the Kassel region. Beyond core apartment leasing, it offers member services including a tenant portal and mobile app, guest apartments, cargo bike sharing (KARLA), a public transport ticket (Mieterticket), and a neighborhood assistance program (Hand in Hand).

Product overview

Vereinigte Wohnstätten 1889 eG is a housing cooperative offering residential housing services primarily in Kassel, Bad Wildungen, Waldeck, and Fuldatal-Ihringshausen. The cooperative provides a unified housing platform centered around apartment rentals, supported by digital services including a tenant portal, tenant app, and tenant ticket system. Additional services include guest apartments, a cargo bike sharing program (KARLA), and the Hand in Hand neighborhood assistance program. The cooperative manages approximately 710 buildings with around 4,500 tenants.

Differentiator

Problem solved

Functional benefit

Products and services

• Apartment Rentals (Wohnungsvermietung) Long-term rental of cooperative-owned apartments to members in Kassel, Germany, at below-market cooperative rates.
• Tenant Portal (Mieterportal) Online portal enabling tenants to manage rental matters, report issues, and access cooperative services digitally.
• Tenant App (Mieterapp) Mobile application providing tenants with on-the-go access to cooperative services and communication tools.
• Guest Apartments (Gästewohnungen) Short-stay guest apartments available to members for visiting family and friends.
• KARLA Cargo Bike Sharing (KARLA-Lastenrad) Cargo bike sharing program available to members for transportation and errands.
• Mieterticket (Public Transport Ticket) Free public transport ticket provided to tenants as a member benefit in the Kassel region.
• Hand in Hand Neighborhood Assistance (Hand in Hand e.V.) Neighborhood support program offering member-to-member assistance for daily needs and community building.

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature2 records

Recent moves6 records

Expansion highlights5 records

Broad incumbents

• GAG Immobilien AG: Cologne-based public housing company managing ~45k apartments with a publicly-mandated affordable housing mission. Closely comparable on affordable-rent mission and tenant-aligned governance, though significantly larger and operating in a metropolitan rather than mid-sized city environment.
• Vonovia SE: Germany's largest residential landlord, listed and operating ~500k+ apartments nationwide. Directly comparable on core business of owning and renting residential housing stock, but operates at vastly greater scale, is for-profit, and is geographically national rather than regionally concentrated like Vereinigte Wohnstätten.
• TAG Immobilien AG: Listed residential landlord with portfolios across Germany and a focus on B-/C-class cities and value-add modernization. Comparable on residential rental operations and capex-driven value creation, though broader geographically and structured as a listed company rather than a cooperative.
• Deutsche Wohnen SE: Major German residential landlord (now under Vonovia umbrella) with a portfolio of tens of thousands of apartments, primarily in Berlin and other metropolitan areas. Comparable as a large-scale residential operator facing the same German rent-regulation environment, but with a for-profit, listed-company structure.
• SAGA Unternehmensgruppe: Hamburg's public housing company managing ~140k apartments with a public-mandate mission to provide affordable housing. Comparable on affordable-housing orientation, reinvestment discipline, and bundled tenant services, but operates at city/state scale in Hamburg rather than the mid-sized Kassel region.
• Nassauische Heimstätte Wohnungs- und Städtebaugesellschaft mbH: Hesse-based state-owned residential developer and landlord with ~55k units, headquartered in Frankfurt. Directly comparable on geography (Hesse), affordable-housing mission, and reinvestment-driven model, but operates as a public-sector entity rather than a member-owned cooperative and is considerably larger.
• LEG Immobilien SE: Listed German residential landlord with ~165k units concentrated in North Rhine-Westphalia. Comparable on the residential landlord business model, regulatory exposure, and modernization capex cycle; differs in scale, geography, and listed-company structure.
• Gewobag Wohnungsbau-Genossenschaft: Berlin-based cooperative-style public housing company with ~80k apartments, owned by the state of Berlin. Directly comparable as a mission-driven residential operator emphasizing affordable rents and reinvestment, though substantially larger and state-owned rather than member-owned.

Direct peers

• Baugenossenschaft mehr als wohnen eG: Munich-area housing cooperative operating under the eingetragene Genossenschaft model with a member-aligned, affordable-rent mission. Directly comparable on cooperative structure, mission-driven reinvestment, and community-oriented service bundling, but located in a high-pressure metropolitan market versus Vereinigte Wohnstätten's mid-sized-city footprint.
• Wohnungsgenossenschaft „Aufbau" Weimar eG: Mid-sized Thuringian housing cooperative operating under the same eingetragene Genossenschaft model as Vereinigte Wohnstätten. Closely comparable on cooperative governance structure, member-ownership, below-market rents, and reinvestment-driven operations; differs in geography (Thuringia vs Hesse) and scale.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/vereinigte-wohnst%C3%A4tten-1889-eg

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Subsidiaries1 record

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 Vereinigte Wohnstätten 1889 eG