St. Gundekar-Werk Eichstätt Wohnungs- und Städtebaugesellschaft mbH

What St. Gundekar-Werk Eichstätt Wohnungs- und Städtebaugesellschaft mbH does

St. Gundekar-Werk Eichstätt Wohnungs- und Städtebaugesellschaft mbH is a church-affiliated residential housing company founded in 1954 and headquartered in Schwabach, Bavaria, with the Diocese of Eichstätt KdöR as majority shareholder and two regional offices in Ingolstadt and Eichstätt. The firm owns more than 5,000 rental units across Bavaria, making it the second-largest of seven Bavarian diocesan housing associations, and additionally provides property management services to third-party owners. Its customer base spans general residential tenants, senior residents in age-appropriate complexes, students, and multi-generational households, with each segment served through purpose-developed housing projects.

The core offering is recurring monthly rental income from a diversified apartment portfolio, supplemented by third-party Hausverwaltung (property management) fees and a 24/7 Notrufdienst emergency hotline. New construction and acquisition activity drives incremental supply, with notable active developments including the 153-unit CubeStay student housing project in Eichstätt (timber modular construction, €12.3 million in Free State of Bavaria funding, DGNB/QNG certification pursued, completion summer 2026) and a 36-unit multi-generational housing project at Reichswaisenhausstraße in Schwabach developed with middernander e.V. Underlying construction technology centers on prefabricated timber modules supplied by partner Kaufmann Bausysteme, delivered fully equipped and assembled on site, combined with renewable energy infrastructure: 99 kWp photovoltaic generation on CubeStay's roof and biomethane-powered combined-heat-and-power district heating operated by Stadtwerke Eichstätt.

Go-to-market is direct and relationship-driven: prospective tenants contact the company through three offices or the corporate website (gundekar-werk.de), with no broker or marketplace intermediation. The company exited its Wohnungseigentümergemeinschaften (homeowner association) management line on 1 January 2025, transferring that portfolio to Joseph-Stiftung to refocus on rental housing and new construction, and appointed a new supervisory board chaired by Prof. Dr. Wolfgang Gehra in December 2025. Managing directors are Manfred Bücherl and Thilo Molling.

Name

St. Gundekar-Werk Eichstätt Wohnungs- und Städtebaugesellschaft mbH

Legal name

St. Gundekar-Werk Eichstätt Wohnungs- und Städtebaugesellschaft mbH

Website

https://gundekar-werk.de

Company type

Private

Founded year

1954

Operating status

Operating

Headcount range

11–50 employees

Short description

St. Gundekar-Werk Eichstätt is a Bavarian church-affiliated housing company owning 5,000+ rental units across general residential, senior, student, and multi-generational segments, serving tenants through direct rental, third-party property management, and sustainable new-construction projects including the 153-unit CubeStay student residence.

Ownership category

akta.pro rank

Product category

Residential Real Estate / Affordable Housing

NAICS

Lessors of Residential Buildings and Dwellings (53111), Residential Property Managers (531311), New Multifamily Housing Construction (except For-Sale Builders) (236116)

SIC

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

akta.pro industry

PRIMARYBPAJAFAD

Affordable & Subsidized Housing Property Management (LIHTC, Section 8)

Business & Public Services/Real Estate Services (Brokerage, Property Management)/Residential Property Management

Keywords

• Residential property rental
• Affordable housing development
• Property management services
• Senior living housing
• Student housing construction

Headquarters

HQ city

Schwabach

HQ country

Germany

HQ region

Europe

Offices3 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

Infrastructure, Operations, Personnel, Supply Chain, Marketing or Sales, Others

Revenue model

1. Rental Income from Residential Portfolio: The company generates rental income from its portfolio of over 5,000 company-owned rental units. Rental income constitutes the primary recurring revenue stream. The company also charges fees for property management services it provides for third-party property owners.

Pricing tiers

Distribution channels1 record

Marketing channels4 records

Core offering

St. Gundekar-Werk Eichstätt is a Bavarian residential housing company that owns, develops, and rents out over 5,000 company-owned residential units, including general rental apartments, senior housing complexes, and student apartments under the CubeStay brand. The company also provides third-party property management services (Hausverwaltung) and operates a 24/7 emergency hotline (Notrufdienst) for tenants across its portfolio in Bavaria.

Product overview

St. Gundekar-Werk Eichstätt is a church-affiliated housing company offering a portfolio of rental housing services. The core offering consists of rental apartments (Mietwohnungen) and apartments (Appartements) targeting diverse groups including families, couples, singles, seniors, and students. Supporting services include property management (Hausverwaltung) and a 24/7 emergency hotline (Notrufdienst). The company is expanding its portfolio through new construction projects such as Neubau Schwabach and the specialized student housing brand CubeStay, which features sustainable wood modular construction. Senior housing complexes (Seniorenwohnanlagen) address the needs of elderly residents. As the second-largest of seven Bavarian diocesan housing companies, the organization manages over 5,000 company-owned rental units plus third-party property management.

Differentiator

Problem solved

Functional benefit

Brands

• CubeStay: Student apartments brand - 153 student apartments in Eichstätt in sustainable timber modular construction at Anger 5. Features smart apartments, functional communal areas, and orientation towards learning and community living.

Products and services

• Mietwohnungen (Rental Apartments)

Quantifiable outcome

• 153 student apartments developed in Eichstätt with sustainable timber construction and DGNB certification
• +2 more outcomes

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Four partnerships are on record, tiered core and minor.

• middernander e.V.coreStrategic or Co-development Partner · 1 December 2025Middernander e.V. is a non-profit association that co-develops and co-manages multi-generational housing projects. The partnership involves joint project development, co-management of shared spaces, and shared decision-making on tenant allocation. The association will occupy and manage the community living aspects of the Reichswaisenhausstraße 9d/e project in Schwabach.
• Kaufmann BausystemecoreTechnology or IntegrationKaufmann Bausysteme is the module manufacturer for the CubeStay timber construction project, producing prefabricated timber modules that were delivered fully equipped to the construction site.
• Stadtwerke EichstättcoreTechnology or IntegrationStadtwerke Eichstätt operates the biomethane-powered combined heat and power plant (BHKW) that provides district heating to the CubeStay student residence. This partnership ensures the building's heating supply is renewable and efficient.
• Joseph-StiftungminorOthers

Scale indicators5 records

Recent moves7 records

Expansion highlights6 records

Broad incumbents

• Vonovia SE: Vonovia is Germany's largest residential landlord with hundreds of thousands of units, including significant Bavarian holdings. Comparable as a broad incumbent in German residential property, though operating at vastly greater scale and on a fully commercial (rather than church-affiliated) basis.
• TAG Immobilien AG: TAG Immobilien is a German residential property company focused on long-term rental housing, with a strong presence in northern and eastern Germany. Comparable business model (residential letting plus selective new build) and competes for similar tenant demographics in the German residential market.
• LEG Immobilien SE: LEG Immobilien is a major publicly listed German residential landlord operating portfolios across multiple federal states, including Bavaria-adjacent regions. Comparable business model (long-term rental of residential units with in-house property management), though at much larger scale.
• Grand City Properties S.A. Grand City Properties is a German-focused residential property company managing tens of thousands of units with emphasis on value-add management. Comparable as a broad incumbent in German residential letting, though with a more commercial/financial sponsor orientation.
• Deutsche Wohnen SE: Deutsche Wohnen is a large German residential property company focused on urban rental housing and property management. Similar core activities (residential letting, new build, third-party management), but operates nationally and is significantly larger than St. Gundekar-Werk.

Direct peers

• Joseph-Stiftung: Joseph-Stiftung is another Bavarian church-affiliated housing company that took over St. Gundekar-Werk's homeowner association (WEG) management on 01.01.2025. Operates a comparable diocesan-affiliated residential portfolio in Bavaria and is the most direct structural peer.
• Siedlungswerk Nürnberg GmbH: Siedlungswerk Nürnberg is a Bavarian residential housing company with a long-standing portfolio of rental apartments and new-build projects. Overlaps with St. Gundekar-Werk on regional Bavarian footprint, church/affiliated governance, and family-tenanted affordable housing supply.

Others

• Caritasverband für die Diözese Eichstätt e.V. Caritas Eichstätt is the church-aligned social services organization in the same Diocese and is shown as a partner logo on St. Gundekar-Werk's website. Comparable ecosystem participant — same diocese, overlapping social housing mission, and a likely referral/cooperation partner rather than a direct competitor.
• Bayerische Versorgungskammer (BVK): BVK is Bavaria's largest institutional real estate investor and manages pension-related housing investments across the region. Comparable as a capital provider for Bavarian residential development and a relevant counterparty for institutional capital and partnership, rather than as a direct competitor.

Regional players

• St. Augustinus Wohnen GmbH: St. Augustinus Wohnen is a Catholic-affiliated residential and care housing operator in western Germany. Comparable as a church-affiliated residential housing provider with similar mission, but serves a different regional market than St. Gundekar-Werk's Bavarian footprint.

Market position

Strengths1 record

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/gundekar-werk

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles8 records

Funding overview

Funding rounds

Investors

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M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about St. Gundekar-Werk Eichstätt Wohnungs- und Städtebaugesellschaft mbH