What SBV Flensburg does

SBV Flensburg (legal name: Selbsthilfe-Bauverein eG Flensburg) is a registered housing cooperative founded in 1949 in Flensburg, Schleswig-Holstein, Germany, and operates as the largest residential landlord in the city. The cooperative manages a portfolio of approximately 7,500 owned rental apartments and commercial properties plus ~3,200 third-party managed units (Fremdverwaltung) for external owners, serving roughly 12,000 cooperative members. Beyond standard rental housing, SBV operates a vertically-integrated senior-living vertical comprising three Servicehäuser (Sandberg 2005, Fruerlund 2007, Friesischer Berg 2011), the Mürwiker Garten (2018), Wohnanlage Marrensdamm (2012), and a dementia shared-living facility (Demenz-WG, 2019)—the first of its kind in Flensburg—with care delivered through partnerships with AWO and Ambulante Dienste St. Elisabeth. Members pay recurring rent (free-financed units at 8.59-9.47 EUR/sqm as of April 2024) and a one-time share purchase (160 EUR per share, 8-16 shares per apartment) plus a 50 EUR admission fee. The cooperative is led by Vorstandsvorsitzender Jürgen Möller alongside Vorstand Michael Ebsen, with Jan-Kai Jensen chairing the Aufsichtsrat.

The technology stack is operational rather than innovative: SBV owns a proprietary in-building cable network (partnering with PŸUR for TV/internet/phone services), operates a self-hosted Matomo web analytics instance, and uses Aareon CRM as the backbone of its 'Mein SBV' member portal (meinsbv.sbv-flensburg.de). Tenant acquisition runs through the Immomio marketplace platform for application management, while a radio-based meter reading system (Funksystem) automates consumption data capture twice monthly without apartment access. The proprietary infrastructure bundle—cable network + automated metering + member portal—reduces dependency on third-party telecom and meter-reading vendors while enabling bundled service offerings.

Revenue mechanics span four streams: (1) recurring residential and commercial rental income, (2) one-time cooperative membership share purchases and admission fees, (3) managed services fees from ~3,200 externally-administered units via subsidiary SBV Immobilienmanagement GmbH, and (4) a BaFin-supervised member savings facility (Spareinrichtung) with associated deposit volumes. Ancillary revenue includes community sauna access (4 EUR/visit or 35 EUR for a 10-visit card), guest apartments across the Gästewohnring network (50-70 EUR/night), and the SBV-Stiftung Helmut Schumann foundation funds. The cooperative reported a €2.5M annual surplus for fiscal year 2025, and employs approximately 130 staff across functions spanning property management, technical building management, gardening, accounting, social management, and corporate development. Distribution is constrained to the Flensburg/Northern Schleswig-Holstein market; the Gästewohnring network provides indirect presence across 25 cooperatives in Germany and Switzerland for guest stays only.

Name

SBV Flensburg

Legal name

Selbsthilfe-Bauverein eG Flensburg

Website

https://sbv-flensburg.de

Company type

Private

Founded year

1949

Operating status

Operating

Headcount range

1–10 employees

Short description

SBV Flensburg (Selbsthilfe-Bauverein eG) is Flensburg's largest housing cooperative, managing 7,500+ owned apartments and 3,200 third-party units for 12,000+ members. It offers senior living, community facilities, and a BaFin-supervised savings facility.

Ownership category

akta.pro rank

Product category

Cooperative Housing

NAICS

Lessors of Residential Buildings and Dwellings (53111), Continuing Care Retirement Communities and Assisted Living Facilities for the Elderly (6233), Credit Unions (522130)

SIC

Services-To Dwellings & Other Buildings (7340), Services-Nursing & Personal Care Facilities (8050), Savings Institution, Federally Chartered (6035)

akta.pro primary industry

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

akta.pro secondary industry

Multi-Campus / Regional CCRC Networks (HLADAEAF)

Keywords

• Housing cooperative
• Residential rental
• Property management
• Senior living
• Cooperative housing

Headquarters

HQ city

Flensburg

HQ country

Germany

HQ region

Europe

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

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

Revenue model

1. Residential and Commercial Rental Income: SBV generates primary revenue from renting approximately 7,500 residential apartments and commercial properties to its cooperative members. Members pay monthly rent plus operating and heating costs.
2. Cooperative Membership Shares: Prospective members purchase cooperative shares (Genossenschaftsanteile) at 160 EUR per share, with quantities varying by apartment size (typically 8-16 shares). A one-time admission fee of 50 EUR is also charged.
3. Third-Party Property Management: SBV manages approximately 3,200 residential and commercial units for external property owners, generating management fees from services including bookkeeping, tenant management, maintenance coordination, and annual reporting.
4. Savings Facility (Spareinrichtung): SBV offers savings products to members, with deposits supervised by BaFin. This provides members with secure savings options while supporting the cooperative's financial activities.

Pricing tiers

Go-to-market motion2 records

Distribution channels4 records

Marketing channels6 records

Core offering

SBV Flensburg is a housing cooperative that rents approximately 7,500 residential apartments and commercial units to its ~12,000 cooperative members, providing lifelong tenancy rights, comprehensive property maintenance, 24/7 emergency services, and community amenities. It also operates senior living facilities, a BaFin-regulated savings facility, and third-party property management services for approximately 3,200 external residential and commercial units. Prospective members purchase cooperative shares (Genossenschaftsanteile) at 160 EUR per share to gain access to housing and cooperative benefits.

Product overview

SBV Flensburg (Selbsthilfe Bauverein eG) is a housing cooperative offering a comprehensive housing and living ecosystem. Core products include property rental (7,500+ apartments), the 'Mein SBV' member portal, and 24/7 emergency services. Senior living services encompass three Servicehäuser (Sandberg, Friesischer Berg, Fruerlund), Mürwiker Garten, Wohnanlage Marrensdamm, and a Demenz-WG (dementia care facility). Community offerings include SBV-Gemeinschaftshaus 360°, SBV-Nachbarschaftstreff KommRein, Gemeinschaftssauna, and guest apartments. The company also operates a savings facility (Spareinrichtung) and provides external property management services for approximately 3,200 units. All services are connected through 'Wohnen und Leben' (housing and living) philosophy.

Differentiator

Problem solved

Functional benefit

Products and services

• Residential Apartment Rental
• Commercial Property Rental
• Servicehaus Sandberg
• Servicehaus Fruerlund
• Servicehaus Friesischer Berg
• Mürwiker Garten Senior Living Facility
• Wohnanlage Marrensdamm Senior Living
• Demenz-WG Travestraße (Dementia Shared Living)
• External Property Management (Fremdverwaltung)
• Savings Facility (Spareinrichtung)
• Guest Apartments (Gästewohnungen)
• SBV-Gemeinschaftshaus 360° Community Center
• Gemeinschaftssauna (Community Sauna)

Quantifiable outcome

• Over 150 tonnes of CO2 bound annually through SBV tree planting activities
• +1 more outcomes

Named customers2 records

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration6 records

Feature3 records

Partnerships

Eight partnerships are on record, tiered core and minor.

• Arbeiterwohlfahrt (AWO)coreStrategic or Co-development PartnerAWO serves as the social service provider for SBV's three service houses (Sandberg, Friesischer Berg, Fruerlund) and the Demenz-WG dementia care facility. AWO provides basic and optional care services, Pflegegrad support, and daily living assistance for residents aged 60+. Partnership has been ongoing since establishment of the first service house in 2005.
• Ambulante Dienste St. ElisabethcoreStrategic or Co-development PartnerAmbulante Dienste St. Elisabeth provides social services for SBV's 'Wohnen mit Service' facilities including Mürwiker Garten and Wohnanlage Marrensdamm. Services include basic service packages, care coordination, and optional support services for residents aged 50+.
• Klimapakt Flensburg e. V.coreStrategic or Co-development PartnerSBV is a founding member of Klimapakt Flensburg e.V., established December 2008, which aims for climate neutrality in Flensburg by 2050. The partnership involves joint climate protection initiatives, public campaigns, and environmental projects including 'Fjordbeweger' cargo bike sharing and tree planting activities.
• Immomio GmbHcoreTechnology or IntegrationImmomio provides the online apartment search and application platform used by SBV. Prospective tenants register on Immomio through SBV's website, complete profiles, and receive matched housing offers. SBV uses Immomio data for GDPR-compliant tenant management.
• SBV Servicecard PartnersminorGTM or Marketing PartnerNetwork of local Flensburg businesses offering discounts and benefits to SBV members through the Servicecard. Includes moving services (Die Aufräumer, Schumann Transporte, H.C. Fintzen, Johannes Staats, Möbel Schulenburg, Ostsee Logistik), providing members with reduced prices on relocation and furniture services.
• SBV Immobilienmanagement GmbHcoreOthersWholly-owned subsidiary of SBV eG Flensburg handling real estate management services. Managed by the same leadership team (Jürgen Möller and Michael Ebsen).
• SBV-Stiftung Helmut SchumanncoreOthersFoundation established in 2002 named after former SBV director Helmut Schumann. Promotes community development in SBV neighborhoods across generations and nationalities. Supports social projects, children's summer camps, elementary school competitions ('Grundschulen bunter stiften'), and emergency assistance for members in need.
• Verband norddeutscher Wohnungsunternehmen e.V. (Vnw)minorOthersIndustry association serving as SBV's Prüfungsverband (audit association). Also provides data protection officer services through Nicola Olivier. Represents housing companies in northern Germany.

Scale indicators5 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• HOWOGE Wohnungsbaugesellschaft mbH: Berlin-based housing cooperative affiliated with the state of Berlin, managing approximately 78,000 apartments. Closely comparable to SBV in operating model (non-profit community housing with member services), though at much larger scale.
• Wohnungsgenossenschaft Neumünster eG: Smaller registered housing cooperative in Neumünster, Schleswig-Holstein, operating under the same Genossenschaft framework as SBV. Serves the same regional market and addresses a similar resident demographic, though at smaller scale.
• Lübecker Bauverein eG: Long-established housing cooperative in Lübeck that rents residential units to cooperative members under the same eG framework as SBV. Comparable member-business model, regional northern German footprint, and similar mid-sized cooperative scale.
• Bauverein Bremen eG: Bremen-based housing cooperative that operates thousands of rental apartments for members using the same cooperative ownership and rental structure as SBV. Highly comparable in business model, regulatory setting, and customer profile.
• Wohnungsbaugenossenschaft Kiel eG: Registered housing cooperative (Wohnungsbaugenossenschaft) in Kiel, Schleswig-Holstein, of comparable scale to SBV Flensburg. Operates with the same Genossenschaft model, member-share structure, and lifelong tenancy offering, serving the same regional market in northern Germany.

Broad incumbents

• LEG Immobilien SE: NRW-focused listed residential property company with over 160,000 apartments. Provides comparable residential rental services to a similar demographic, though as a publicly traded broad incumbent rather than a regional cooperative or housing-association model.
• Deutsche Wohnen SE: Major listed German residential property company with a portfolio of over 150,000 apartments, including senior living facilities. A broad incumbent in the same residential rental market, though operating as a publicly traded corporation rather than a cooperative.
• Vonovia SE: Europe's largest residential property company with over 500,000 apartments across Germany. Overlaps with SBV in residential rental and senior living services, but operates as a publicly traded for-profit broad incumbent rather than a regional cooperative.

Others

• Aareon GmbH: Germany's leading provider of CRM and ERP software for the housing industry, and SBV's confirmed technology partner powering the Mein SBV member portal. Adjacent ecosystem participant rather than a competitor, but highly relevant for understanding SBV's digital infrastructure.

Regional players

• SAGA Siedlungs-Aktiengesellschaft Hamburg: Publicly traded Hamburg-based housing provider managing approximately 140,000 apartments under a state-mandated public-interest model. Operates in the same northern German housing market and offers overlapping affordable housing and senior living services, but at materially larger scale.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/sbv-flensburg

Compliance5 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Subsidiaries2 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 SBV Flensburg