LebensRäume Hoyerswerda eG

What LebensRäume Hoyerswerda eG does

LebensRäume Hoyerswerda eG is a registered German housing cooperative (eingetragene Genossenschaft, founded 1954) that owns and manages approximately 6,700 residential apartments across Hoyerswerda and surrounding municipalities in the Saxony Lausitzer Seenland region — including Lauta, Laubusch, Lohsa, Knappenrode, Groß Särchen, Spreetal, and Burgneudorf. The cooperative serves over 7,000 members who acquire shares (typically 18 shares at €50 each per apartment) in exchange for tenancy rights, democratic governance rights, and non-profit rent pricing. Beyond residential units, the portfolio includes commercial properties (Gewerbeobjekte), guest apartments, and short-stay 'Auszeitwohnungen' (break apartments). Distribution is hybrid: a retail showroom called WohnLounge inside the Lausitz-Center shopping mall (Mon–Sat), the main administrative office on Käthe-Niederkirchner-Straße, the corporate website with virtual 360° tours powered by feelestate, and the Meine.Wohnung tenant app with over 2,600 registered users.

The business model is cooperative and non-profit: revenue is generated primarily through recurring monthly rental fees (Grundmiete plus Nebenkosten, typically €475–€615/month total), supplemented by commercial rents, guest apartment income, and service contracts. A wholly-owned subsidiary, LebensRäume Dienstleistungsgesellschaft mbH, delivers technical services (Floris Hausmeister-Service), landscaping, and accounting. The cooperative differentiates through community programming — the Nachbarschaftsfond, Remmi Demmi family festival, MitSingeNacht, HallowMarkt, and partnerships with Nachbarschaftshilfeverein e.V., AWO Lausitz, Seenland Tourismus, and Familienregion HOY e.V. Recent product extensions include Homematic IP smart-home integration and a €9+ million modernization project at Neidhardt-von-Gneisenau-Straße 57–63 to create assisted-living units and a day-care facility operated under a 20-year partnership with Pflegedienst Rauber & Co. GmbH.

Technology assets are modest and oriented toward tenant self-service rather than automation: the Meine.Wohnung app handles damage reporting, consumption data, documents, and announcements; the website exposes search and inquiry forms; and feelestate provides virtual property tours. The cooperative is a member of Verband Sächsischer Wohnungsgenossenschaften e.V. (VSWG) and received an unqualified audit opinion (uneingeschränkter Bestätigungsvermerk) for fiscal year 2025. Strategic direction is steady modernization — the planned 'OrangeBox' new-build at Dietrich-Bonhoeffer-Straße, the dual-study program with Berufsakademie Leipzig, and the Informatik-Feriencamp sponsorship all signal gradual operational and digital maturation within the structural constraints of the cooperative model.

Name

LebensRäume Hoyerswerda eG

Legal name

LebensRäume Hoyerswerda eG

Website

https://lebensraeume-hy.de

Company type

Private

Founded year

1954

Operating status

Operating

Headcount range

1–10 employees

Short description

LebensRäume Hoyerswerda eG is a German housing cooperative managing approximately 6,700 rental apartments across the Lausitzer Seenland region for over 7,000 members. Founded in 1954, it operates a non-profit model providing affordable housing, digital tenant services via the Meine.Wohnung app, community programming, and senior assisted-living units.

Ownership category

akta.pro rank

Product category

Residential Housing Cooperative Services

NAICS

Lessors of Residential Buildings and Dwellings (53111), Lessors of Nonresidential Buildings (except Miniwarehouses) (531120), Continuing Care Retirement Communities and Assisted Living Facilities for the Elderly (62331)

SIC

Operators Of Apartment Buildings (6513), Real Estate Operators (No Developers) & Lessors (6510)

akta.pro primary industry

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

akta.pro secondary industries

HOA / Condominium Association Management (BPAJAFAH), Mixed-Use Community Association Management (BPAJAHAF), Association Maintenance, Vendor & Capital Project Management (BPAJAHAM)

Keywords

• Housing cooperative services
• Residential apartment rentals
• Member-owned housing
• Commercial property leasing
• Guest apartment rentals

Headquarters

HQ city

Hoyerswerda

HQ country

Germany

HQ region

Europe

Offices2 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Marketing or Sales, Others

Revenue model

1. Residential Rental Income: Primary revenue from monthly rental fees (Grundmiete) charged to tenants for apartments. Rent includes base rent plus ancillary costs (Nebenkosten). Members pay share contributions (Anteile) upon joining the cooperative.
2. Commercial Property Rental: Rental income from commercial spaces (Gewerbeobjekte) leased to businesses within the cooperative's property portfolio.
3. Guest and Short-term Rentals: Revenue from guest apartments (Gästewohnungen) and vacation rentals (Auszeitwohnungen) offered to members and external guests.
4. Service Contracts and Partnerships: Long-term service agreements such as the partnership with Pflegedienst Rauber & Co. GmbH for the assisted living facility in the Neidhardt-von-Gneisenau-Straße development, generating income through integrated service concepts.

Pricing tiers

Go-to-market motion1 record

Distribution channels4 records

Marketing channels7 records

Core offering

LebensRäume Hoyerswerda eG is a member-owned housing cooperative that rents approximately 6,700 residential apartments across Hoyerswerda and surrounding municipalities (Lauta, Laubusch, Lohsa, Knappenrode, Groß Särchen, Spreetal, Burgneudorf) to more than 7,000 members. In addition to residential rentals, the cooperative offers commercial property leasing, short-term guest apartments, break/respite apartments, and digital tenant services via the Meine.Wohnung app. All offerings are operated on a non-profit basis for the benefit of cooperative members.

Product overview

LebensRäume Hoyerswerda eG is a housing cooperative (Wohnungsgenossenschaft) offering approximately 6,700 residential apartments across multiple locations in the Lausitzer Seenland region. The portfolio includes standard rental apartments, guest apartments, break apartments, and commercial properties. Digital tenant services are provided through the Meine.Wohnung app, which offers consumption tracking, damage reporting, and document access. Property viewing is enhanced through virtual 360° tours powered by feelestate. The cooperative also promotes smart home technologies including Homematic IP through informational events. Physical customer service is available at the WohnLounge service office in LausitzCenter.

Differentiator

Problem solved

Functional benefit

Products and services

• Residential Apartment Rentals

Quantifiable outcome

• Over 70 years of continuous operation providing affordable housing in the region
• +2 more outcomes

Named customers1 record

Segments1 record

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration3 records

Feature3 records

Partnerships

Ten partnerships are on record, tiered core and minor.

• Nachbarschaftshilfeverein e.V. HoyerswerdacoreStrategic or Co-development PartnerLong-standing strategic partnership under the motto 'Gemeinsam nicht einsam!' (Together not alone). The cooperative collaborates with the neighborhood assistance association on community programs including coffee afternoons, senior gymnastics, senior swimming, hobby events, lectures, and celebrations. The association operates the 'Grüner Hain' community center adjacent to cooperative properties.
• Verband Sächsischer Wohnungsgenossenschaften e.V. (VSWG)coreOthersThe cooperative is a member of the Saxon Housing Cooperative Association (VSWG), which strengthens the cooperative idea in housing management and shapes housing policy frameworks in Saxony and Germany. VSWG provides audit, advocacy, and professional development services.
• Pflanzenhof SchulzeminorStrategic or Co-development PartnerAnnual partnership for seasonal events including the HallowMarkt (Halloween market) and the Hof- & Geranien-Fest (courtyard and geranium festival) at the plant nursery in Kühnicht. Joint events attract families and community members to seasonal celebrations.
• Pflegedienst Rauber & Co. GmbHcoreStrategic or Co-development PartnerLong-term service partnership for the assisted living conversion at Neidhardt-von-Gneisenau-Straße 57–63. Pflegedienst Rauber & Co. will operate the ground floor as a day care facility (Tagespflege) and utilize the building for 20 years under a comprehensive assisted living concept. Investment exceeds 9 million euros.
• Familienregion HOY e.V.minorGTM or Marketing PartnerMarketing partnership promoting Hoyerswerda and the Lausitzer Seenland as a family-friendly region. Cooperative participates in joint marketing initiatives to attract families and new residents to the area.
• AWO LausitzminorStrategic or Co-development PartnerPartnership with AWO Lausitz (Arbeiterwohlfahrt) for the annual Remmi Demmi family summer festival. Jointly organized community event held in the Familienpark, featuring entertainment, activities, and cultural programming.
• Konrad-Zuse-Forum Hoyerswerda e.V. (ZCOM)minorStrategic or Co-development PartnerPartnership for youth technology education. Jointly organized an Informatik-Feriencamp (computer science summer camp) for children in grades 7-8, held at the Zuse Computer Museum. The cooperative sponsored 6 camp places for children of members, featuring Raspberry Pi workshops and smart boot programming.
• Berufsakademie LeipzigminorOthersPractice partnership (Praxispartner) for dual study programs in real estate management (Immobilienwirtschaft, Bachelor of Arts) and Informatik. Students alternate between theoretical studies at BA Leipzig and practical training at the cooperative.
• Seenland TourismusminorGTM or Marketing PartnerJoint participation in regional tourism initiatives including the 5-Seen-Challenge event, promoting the Lausitzer Seenland as a living and travel destination. Cooperative set up a presence at Partwitzer See.
• LebensRäume Dienstleistungsgesellschaft mbHcoreOthersWholly-owned service subsidiary providing technical services (handyman, groundskeeping via Floris Hausmeister-Service), accounting, and operational support to the cooperative. Managed by its own team including technicians, a landscape technologist, and finance staff.

Scale indicators5 records

Recent moves7 records

Expansion highlights6 records

Broad incumbents

• TAG Immobilien AG: Listed German residential landlord with a strong focus on B-/C-cities and Eastern Germany (including the former AWG-style portfolio). Highly comparable to LebensRäume's regional, mid-tier residential focus and value-add renovation strategy.
• Vonovia SE: Germany's largest residential landlord with ~500,000+ units. While publicly listed and operating across major German cities, it is the most directly comparable large-scale residential operator to LebensRäume's apartment-management model.
• Deutsche Wohnen SE: Berlin-focused listed residential landlord with a large urban portfolio. Comparable on operational apartment management, member-tenant relationships, and large-scale portfolio modernization.
• LEG Immobilien SE: Major listed German residential operator focused on North Rhine-Westphalia. Comparable as a large-scale landlord managing legacy multifamily stock with active modernization programs.
• Vivawest Wohnen GmbH: One of Germany's largest residential companies (~120,000 units), owned by Evonik and RAG. Comparable in operating large legacy portfolios with member-style tenant programs and modernization investments.
• Adler Group S.A. Listed residential landlord with a portfolio weighted toward Eastern Germany, including portfolios historically associated with cooperative-era housing. Comparable on regional tenant base and asset profile.

Regional players

• Wohnungsgenossenschaft Aufbau Dresden eG: Saxon housing cooperative operating within Dresden's metropolitan area. Directly comparable as a regional Genossenschaft operating in the same legal, regulatory, and demographic context (Saxony/Eastern Germany).
• Baugenossenschaft Dessau eG: East German housing cooperative with a legacy AWG-style portfolio. Comparable to LebensRäume on portfolio origin, governance model, and exposure to post-mining demographic dynamics in former East Germany.

Direct peers

• Wogeno eG: Munich-based housing cooperative (Genossenschaft) offering member-owned long-term rental housing. Closest structural analog to LebensRäume's cooperative governance and member-share economic model.

Others

• Verband Sächsischer Wohnungsgenossenschaften e.V. (VSWG): Industry association that audits and advocates for Saxon housing cooperatives. Comparable as the umbrella organization under which LebensRäume operates and that shapes its regulatory and policy environment.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights6 records

Customer concentration

• Facebookfacebook.com/Lebensraeume
• LinkedInlinkedin.com/company/lebensr%C3%A4ume-hoyerswerda-eg

Revenue estimate

Valuation estimate

Number of profiles

Profiles6 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 LebensRäume Hoyerswerda eG