GWG Kreis Viersen

What GWG Kreis Viersen does

GWG Gemeinnützige Wohnungsgesellschaft Kreis Viersen AG is a non-profit housing company (gemeinnützige Wohnungsgesellschaft) founded in 1901 and headquartered in Viersen, North Rhine-Westphalia, Germany. The company manages a portfolio of 4,815 residential units across multiple municipalities within the Kreis Viersen district, including Viersen, Kempen, Willich, Tönisvorst, Schwalmtal, Nettetal, and Waldniel. As a registered Aktiengesellschaft (stock corporation) operating under German non-profit housing law, GWG provides publicly subsidized rental housing under the NRW-Wohnraumförderung program (Förderweg A and B), serving tenants across income brackets with both subsidized and free-market units.

The company's core business is residential property management, with revenue generated primarily through rental income across its 4,815-unit portfolio. GWG supplements this with new construction (including energy-efficient developments built to Effizienzhaus 55 standard), portfolio modernization through serial renovation projects, and—most recently—care services through a partnership with ASB/Gemeinsam gGmbH for Tagespflege (day care) and ambulant betreute Wohngemeinschaft (assisted living) facilities in Willich. The company leverages KfW public funding programs, including KfW-Sonderförderung, to support energy-efficient residential development, as evidenced by the August 2025 Tönisvorst-Vorst project.

GWG employs 64 people (FY2025) and reported a balance sheet total of EUR 306.5 million with net income (Jahresüberschuss) of EUR 3.4 million. The company's ownership structure includes Kreis Viersen (the district authority) and Sparkasse Krefeld as principal shareholders, providing public-sector backing and alignment with regional housing policy objectives. During its 125th anniversary year (2026), the company has pursued multiple new construction projects (Kempen-St. Hubert, Waldniel), undergone board renewal, and expanded into senior care services, signaling a strategy of portfolio growth within its geographic mandate combined with vertical diversification into adjacent care services.

Name

GWG Kreis Viersen

Legal name

GWG Gemeinnützige Wohnungsgesellschaft Kreis Viersen AG

Website

https://gwg-kreis-viersen.de

Company type

Private

Founded year

1901

Operating status

Operating

Headcount range

11–50 employees

Short description

GWG Kreis Viersen is a non-profit municipal housing company founded in 1901, managing 4,815 residential units across multiple municipalities in the Kreis Viersen district of North Rhine-Westphalia, Germany, serving subsidized and free-market tenants through publicly backed rental housing and, increasingly, senior care partnerships.

Ownership category

akta.pro rank

Product category

Affordable Housing

NAICS

Lessors of Residential Buildings and Dwellings (531110)

SIC

Operators Of Apartment Buildings (6513)

akta.pro primary industry

Single-Family Rental (SFR) Property Management (BPAJAFAB)

Keywords

• Affordable housing
• Social housing management
• Residential rental services
• Energy-efficient renovation
• Assisted living facilities

Headquarters

HQ city

Viersen

HQ country

Germany

HQ region

Europe

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Supply Chain

Revenue model

1. Residential Rental Income: GWG generates revenue through rental income from its portfolio of 4,815 residential housing units located across the Kreis Viersen region. The company also undertakes construction and modernization projects, some with public subsidies (Förderweg A and B under NRW-Wohnraumförderung).

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels4 records

Core offering

GWG Kreis Viersen is a non-profit housing company (Gemeinnützige Wohnungsgesellschaft Kreis Viersen AG, founded in 1901) that manages and develops 4,815 residential units in the Viersen district of North Rhine-Westphalia, Germany. The company provides publicly subsidized rental housing (Förderweg A and B), new-build construction, serial renovation using the Energiesprong approach, service-oriented living, daycare, and ambulatory assisted living services. Operations are supported by 64 employees and centered on long-term, affordable tenancy for households across the region.

Product overview

GWG Kreis Viersen operates as a non-profit housing company (Gemeinnützige Wohnungsgesellschaft) managing a portfolio of 4,815 residential units across the Kreis Viersen district. The company's core offering consists of rental apartments (Mietobjekte) and properties for sale (Kaufobjekte), with a significant focus on publicly subsidized housing. Service-oriented living (Wohnen mit Service) represents a key differentiated offering, combining barrier-free apartments with on-site care services including day care (Tagespflege) and ambulatory assisted living communities (ambulant betreute Wohngemeinschaften) for elderly and dementia-affected residents. The company also engages in new construction (Neubau) of multi-family buildings and row houses built to energy efficiency standards (Effizienzhaus 55/40 EE), and energy-efficient modernization through serial renovation (serielle Sanierung) using the Energiesprong method. Digital services include a tenant portal (Mieterportal) and an online housing interest registration form. The company publishes annual reports (Geschäftsberichte) and a semi-annual tenant magazine (Mieter-Zeitschrift MieZe).

Differentiator

Problem solved

Functional benefit

Products and services

• Publicly subsidized rental housing (Förderweg A/B)

Named customers1 record

Segments3 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration1 record

Partnerships

Two partnerships are on record, tiered core.

• ASB/Gemeinsam gGmbHcoreStrategic or Co-development Partner · 13 April 2026Partnership with ASB/Gemeinsam gGmbH (Arbeiter-Samariter-Bund), one of the largest ambulatory care providers in Kreis Viersen since 1991, for development and operation of a day care facility and ambulatory assisted living community in Willich-Hülsdonkstraße. The project includes 12 residential places for elderly care-needing and dementia-affected individuals on 600 m² living space, with a total investment of 6.8 million EUR.
• VdW Rheinland WestfalencoreOthersMembership in Verband der Wohnungs- und Immobilienwirtschaft Rheinland Westfalen e.V. (VdW), the housing and real estate industry association for the Rhineland-Westphalia region. VdW organizes professional events including Kommunalpolitische Sommerfachreise.

Scale indicators9 records

Recent moves6 records

Expansion highlights4 records

Regional players

• Gewobag: Berlin's largest municipal housing company with approximately 75,000 apartments. Comparable to GWG because it is a similarly structured municipal-mission housing company offering affordable rental housing and service-oriented living concepts, though operating exclusively in the Berlin market.
• Howoge: Berlin municipal housing company with a large rental portfolio and active new construction pipeline. Comparable to GWG because it combines affordable rental housing with new construction and energy-efficient building standards under a public-mission mandate, though serving a different city.
• GBG Mannheim: Mannheim's municipal housing company managing a substantial rental portfolio with active new construction. Comparable to GWG as a German municipal non-profit housing provider focused on affordable rental supply and energy-efficient modernization, though serving the Mannheim/Ludwigshafen region.
• SAGA Unternehmensgruppe: Hamburg's municipal housing company managing tens of thousands of rental apartments. Comparable to GWG in non-profit municipal housing model, public-mission tenant services, and energy-efficient modernization programs, though focused exclusively on the Hamburg metropolitan area.
• Bauverein München: Munich's long-established municipal housing cooperative offering rental housing and service-oriented senior living. Comparable to GWG in its mix of affordable rental housing and Wohnen mit Service offerings, though operating in the Munich market with a different demographic profile.

Direct peers

• BauBeCon Wohnen GmbH: NRW-based residential housing company with roots in the coal/steel industry pension system, holding a sizable portfolio of rental apartments in the Ruhr region. Comparable to GWG because it is a similarly structured North Rhine-Westphalia housing company focused on affordable rental housing and energy-efficient modernization.
• Vivawest: Major residential property company in North Rhine-Westphalia, managing approximately 120,000 apartments with a public-mission orientation. Comparable to GWG because it operates in the same German state, the same publicly-supported housing model, and serves similar renter demographics, though at substantially larger scale.

Broad incumbents

• Vonovia SE: Europe's largest residential real estate company with hundreds of thousands of units across Germany. Comparable to GWG in core business (rental property management of residential units) and overlap in NRW, but operates as a profit-maximizing listed company with a national portfolio rather than a regional non-profit.
• LEG Immobilien AG: One of Germany's largest listed residential real estate companies with a portfolio concentrated in North Rhine-Westphalia. Comparable to GWG because it operates in the same state and the same affordable-to-mid-market rental segment, but it is a much larger publicly traded incumbent with broader geographic reach.
• Deutsche Wohnen SE: Major German residential property company with a portfolio concentrated in metropolitan areas. Comparable to GWG in residential property operations and tenant base, but operates as a large listed investor rather than a regional non-profit housing provider.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/gwg-kreis-viersen

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 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 GWG Kreis Viersen