GBN Wohnungsunternehmen GmbH Nienburg/Weser

What GBN Wohnungsunternehmen GmbH Nienburg/Weser does

GBN Wohnungsunternehmen GmbH Nienburg/Weser is a 100% municipally-owned housing company founded circa 1934 in Nienburg/Weser, Lower Saxony, Germany. The company develops, owns, and manages a residential rental portfolio serving broad population segments including families, seniors, and care-needing individuals within a single-city geography. Beyond core apartment rentals (average rent €5.75/m² in 2023, with all listings offered provisionsfrei/commission-free), GBN operates commercial tenancies including a 105-place childcare facility leased to Stadt Nienburg (Kita Im Meerbachbogen) and care facilities operated by Diakonie Sozialstation. The company runs a wholly-owned cable subsidiary, GBN Kabelunternehmen (founded 2013), which leverages a 25 km owned fiber network to deliver TV, internet, and telephony in partnership with PYUR.

Technology infrastructure centers on the 'Meine GBN' digital tenant portal (launched December 2019, available via web and mobile app) for 24/7 self-service including maintenance requests, document generation, and appointment scheduling, alongside the bundled cable/media services through PYUR. The business model is overwhelmingly subscription/recurring rental income, with minor transactional revenue from guest apartments (€40/night plus €30 cleaning) and parking (€15/month + VAT). Go-to-market is direct-to-consumer via the company website, physical offices (Ziegelkampstraße 7A headquarters plus two GBN Mietertreff community locations), and community-led engagement through tenant events, the quarterly Mieterzeitung E-Paper, the Partner Card benefits program, and Instagram presence.

FY2023 financials: revenue from property management of €15.4M, EBITDA of €4.8M, annual surplus of €1.3M, equity ratio of 29.7%, and tenant fluctuation rate of 10.4%. The portfolio exhibits a 97.8% tenant recommendation rate. Strategic positioning emphasizes sustainability (first DNK reporter in Landkreis Nienburg), intergenerational living (La Vie complex received Qualitätssiegel für sicheres Wohnen in 2021), and active portfolio expansion through asset acquisitions (Ostlandstraße 72 in 2020) and a 2024-approved handcraft services JV with Nienburg Energie GmbH.

Name

GBN Wohnungsunternehmen GmbH Nienburg/Weser

Legal name

GBN Wohnungsunternehmen GmbH Nienburg/Weser

Website

https://gbn-nienburg.de

Company type

Private

Founded year

1934

Operating status

Operating

Headcount range

1–10 employees

Short description

GBN Wohnungsunternehmen GmbH is a 100% municipally-owned housing company in Nienburg/Weser, Germany, providing affordable rental apartments, bundled cable/internet services via its subsidiary, and community facilities to residents of a single city.

Ownership category

akta.pro rank

Headquarters

HQ city

Nienburg/Weser

HQ country

Germany

HQ region

Europe

Offices3 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

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

Revenue model

1. Residential Rental Income: Core revenue from renting residential apartments. Net rent plus operating costs and heating cost prepayments. Properties offered provisionsfrei (commission-free for tenants). Average rent in 2023 was 5.75 EUR/m².
2. Commercial Property Rental: Revenue from renting commercial spaces including office premises and day care facilities. Example: Kita Im Meerbachbogen rented to Stadt Nienburg.
3. Media/Cable Services: Revenue from cable television and internet services provided through PYUR partnership infrastructure.

Pricing tiers

Go-to-market motion2 records

Distribution channels3 records

Marketing channels6 records

Core offering

GBN Wohnungsunternehmen GmbH Nienburg/Weser is a municipal housing company that provides affordable rental apartments, commercial spaces, and ancillary housing services to residents and small businesses in Nienburg/Weser, Germany. The company manages a portfolio of approximately 2,000–2,200 residential units, maintains building services, and operates subsidiaries for cable TV and tenant-facing digital services.

Product overview

GBN Wohnungsunternehmen GmbH is a municipal housing company offering rental apartments in Nienburg/Weser. The core product is rental housing with supporting services including the Meine GBN tenant portal (web and app), cable/TV services via the GBN Kabelunternehmen in partnership with PYUR, community facilities (GBN-Treffpunkt), a quarterly tenant magazine (Mein Zuhause E-Paper), guest apartment service, and a Partner Card discount program. The company focuses on sustainable housing development and modernization.

Differentiator

Problem solved

Functional benefit

Quantifiable outcome

• Average rent 5.75 EUR/m² in 2023
• +2 more outcomes

Named customers2 records

Segments4 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature2 records

Partnerships

Seven partnerships are on record, tiered core and minor.

• PYUR (Tele Columbus AG)coreTechnology or Integration · 1 January 2013PYUR provides TV, radio, and internet services through GBN's cable infrastructure. The partnership offers digital, HD, and analog programming. PYUR handles customer service and technical support while GBN maintains the 25km fiber network. Internet and telephone connections are also available through PYUR.
• Stadtwerke Nienburg / Nienburg EnergiecoreTechnology or IntegrationLocal utility company providing energy services. GBN cooperates with Stadtwerke on heating and energy concepts including heat pumps and decarbonization efforts as part of the INITIATIVE WOHNEN.2050.
• Stadtbus NienburgminorOthersLocal public transportation partner for mobility services and transportation information for tenants.
• Wirtschaftsbetriebe NienburgminorOthersCity operations company providing parking and related municipal services.
• Nienburg Energie GmbHcoreStrategic or Co-development PartnerJoint venture partner for a new service company to provide handcraft services. The Aufsichtsrat approved the founding of this subsidiary in 2024.
• GdW - Verband der Wohnungs- und Immobilienwirtschaft in Niedersachsen und BremenminorOthersIndustry association membership continuing from the former Wohnungsgemeinnützigkeit (social housing) era.
• INITIATIVE WOHNEN.2050minorOthersInitiative of housing companies working together to develop and implement strategies for achieving German government climate targets including 65% CO2 reduction by 2030.

Scale indicators8 records

Recent moves8 records

Expansion highlights6 records

Direct peers

• SAGA Siedlungs-Aktiengesellschaft Hamburg: Municipal housing company owned by the Free and Hanseatic City of Hamburg, managing tens of thousands of apartments across Hamburg with a similar social-mandate operating model to GBN, though at much larger scale.
• GESOBAU AG: Berlin's municipal housing company providing affordable rental housing to broad segments of the population with a social mandate from the Berlin Senate, comparable in operating model to GBN.
• HOWOGE Wohnungsbaugesellschaft mbH: Berlin-based municipal housing company developing and managing rental housing under a city-mandate, with a focus on affordable housing and tenant services comparable to GBN's offering.
• GWG München: City of Munich-owned housing company providing affordable rental housing to broad population segments with similar municipal-ownership structure and social mandate to GBN.
• WBM Wohnungsbaugesellschaft Berlin-Mitte mbH: Berlin municipal housing company operating rental properties with a comparable city-owned structure and social housing focus, providing a similar operating model benchmark.
• Wohnungsbaugenossenschaft Nienburg und Umgegend eG: Local housing cooperative in Nienburg/Weser offering member-owned rental housing in the same geographic market, providing direct local competition for GBN's apartment offerings.

Broad incumbents

• Deutsche Wohnen SE: Large German residential landlord managing ~140,000 apartments with the same core product of rental housing in urban German markets, but operating at much larger scale and as a publicly listed company.
• LEG Immobilien AG: Publicly listed residential real estate company focused on North Rhine-Westphalia with similar rental housing business model, headquartered in the same German region as GBN.
• Vonovia SE: Germany's largest residential real estate company operating hundreds of thousands of apartments nationwide with similar core rental housing business, but as a publicly listed DAX company rather than a municipal entity.

Regional players

• Nienburger Wohnungsbau GmbH: Regional housing company operating in the Nienburg/Weser area with comparable rental housing offerings serving the same local market as GBN, though specific ownership and scale are limited in available public data.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• Instagraminstagram.com/gbn_nienburg
• LinkedInlinkedin.com/company/gbn-wohnungsunternehmen-gmbh-nienburg-weser

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

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 GBN Wohnungsunternehmen GmbH Nienburg/Weser