Allgemeine Deutsche Schiffszimmerer-Genossenschaft eG

What Allgemeine Deutsche Schiffszimmerer-Genossenschaft eG does

Allgemeine Deutsche Schiffszimmerer-Genossenschaft eG (DBA "Die Schiffszimmerer") is a Hamburg-registered Wohnungsbaugenossenschaft — Germany's oldest housing cooperative, founded in 1875 — that provides rental housing to its members on a not-for-profit, member-owned basis. The cooperative owns and operates a portfolio of 9,034 apartments across more than 40 Hamburg neighborhoods (including HafenCity, Dulsberg, Moorkamp, and Wilhelmsburg), serving 17,408 members who hold cooperative shares and pay "Nutzungsgebühren" (occupancy charges) under the "Wohnwertmiete" value-based rent model rather than market rents. Allocation follows cooperative rules and member seniority, and members hold voting rights in the Vertreterversammlung. Beyond core apartment rental, the cooperative offers Gästewohnungen (guest apartments), digital Schadensmeldung/Notdienst, neighborhood development (Quartiersentwicklung), and member engagement via the journal, email newsletter, "bei uns" member magazine, and social channels.

The GTM motion is direct-to-consumer in a structural sense: prospective applicants are routed through the website's non-member Wohnungsanfrage (with SCHUFA credit checks) and converted to member status; existing members manage housing requests, appointments, and services through the Mitglieder-Portal (portal.schiffszimmerer.de) and a Terminbuchung system. The technology layer is conventional cooperative-management software with member-facing web portals — there is no API offering, no AI/ML component, and no proprietary platform productized beyond internal use. The cooperative is BITV 2.0-tested (May 2025, with improvements slated for end-2025), DSGVO- and TDDDG-compliant, and affiliated with VNW (Verband norddeutscher Wohnungsunternehmen) as its legally mandated Prüfungsverband. As an eingetragene Genossenschaft, the entity is member-owned, not publicly traded, with no parent company and no subsidiaries; governance rests with a two-member Vorstand (Matthias Saß, Thomas Speeth) supervised by an Aufsichtsrat chaired by Arne Brügmann.

Revenue is generated almost entirely from occupancy fees on the owned housing stock, with ancillary income from guest apartments, parking, and member services; per-apartment economics are gated by cooperative law rather than market rents. Revenue figures are not publicly disclosed in the scraped sources (Geschäftsbericht 2023 and 2025 PDFs are referenced but not parsed). Headcount is reported as "over 100" on the careers page while the firm's compiled profile lists 26 employees; the higher figure is more consistent with a portfolio operator of 9,000+ units and is treated as authoritative here. Geographic scope is exclusively the Hamburg metropolitan area, with no signaled expansion beyond it.

Name

Allgemeine Deutsche Schiffszimmerer-Genossenschaft eG

Legal name

Allgemeine Deutsche Schiffszimmerer-Genossenschaft eG

Website

https://schiffszimmerer.de

Company type

Private

Founded year

1875

Operating status

Operating

Headcount range

11–50 employees

Short description

Die Schiffszimmerer is Hamburg's oldest housing cooperative (est. 1875), providing affordable rental housing to 17,408 members across 9,034 apartments in 40+ Hamburg neighborhoods via a member-owned Wohnungsbaugenossenschaft structure with value-based rents.

Ownership category

akta.pro rank

Product category

Cooperative Housing Services

NAICS

Lessors of Residential Buildings and Dwellings (53111), Lessors of Residential Buildings and Dwellings (531110)

SIC

Operators Of Apartment Buildings (6513), Real Estate Operators (No Developers) & Lessors (6510), Real Estate Agents & Managers (For Others) (6531)

akta.pro industry

PRIMARYBPAJAHAC

Cooperative (Co-op) Housing Association Management

Business & Public Services/Real Estate Services (Brokerage, Property Management)/HOA/Condominium Association Management

SECONDARYBPAJAFAH

HOA / Condominium Association Management

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

Keywords

• Housing cooperative
• Cooperative membership
• Affordable rental housing
• Value-based rent
• Neighborhood development

Headquarters

HQ city

Hamburg

HQ country

Germany

HQ region

Europe

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

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

Revenue model

1. Rental Income from Housing Stock: As a Wohnungsbaugenossenschaft (housing cooperative), the primary revenue stream is rental income from approximately 9,034 apartments distributed across Hamburg neighborhoods. Members hold shares in the cooperative and pay occupancy costs (Nutzungsgebühren) rather than market rents.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels5 records

Core offering

Die Schiffszimmerer is a member-owned housing cooperative that provides approximately 9,034 rental apartments across 40+ Hamburg neighborhoods exclusively to its 17,408 cooperative members. Members acquire cooperative shares, pay occupancy fees (Nutzungsgebühren) under a value-based rent (Wohnwertmiete) model, and benefit from long-term housing stability, democratic governance, and community-oriented neighborhood programs (Quartiersentwicklung).

Product overview

Allgemeine Deutsche Schiffszimmerer-Genossenschaft eG operates as a traditional housing cooperative offering rental apartments exclusively to its members. The organization provides approximately 9,034 apartments across Hamburg through a membership-based model (with 17,408 members). The core product is affordable housing provision, supported by services including the Wohnwertmiete (value-based rental model), online member portal, appointment booking, damage reporting, and neighborhood development programs. The cooperative owns and manages multiple residential complexes (Wohnanlagen) throughout Hamburg, including properties in HafenCity, Dulsberg, and various other city districts. This is not a technology product company but a service organization focused on housing provision.

Differentiator

Problem solved

Functional benefit

Products and services

• Cooperative Membership (Genossenschaftliche Mitgliedschaft)

Named customers1 record

Segments1 record

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

One partnership is on record.

• VNW - Verband norddeutscher Wohnungsunternehmen e.V.coreOthersVNW is the cooperative's affiliated Prüfungsverband (audit association), which is a legal requirement for German cooperatives. VNW represents and audits north German housing companies and advocates for housing policy positions. The partnership is a structural, legally mandated relationship for all German housing cooperatives.

Scale indicators5 records

Recent moves6 records

Expansion highlights5 records

Regional players

• GWG München: Munich-based housing cooperative operating tens of thousands of member-owned rental apartments under the same Genossenschaft model. Direct comparable structure (member-owned, below-market rents, neighborhood focus) but focused on the Munich market rather than Hamburg.
• Bauverein München eG: One of Munich's oldest housing cooperatives, providing member-owned rental housing with a comparable genossenschaftliche value proposition. Highly comparable governance and business model, but operates in Munich, not Hamburg.
• Wohnungsgenossenschaft Mehringplatz eG: Berlin-based housing cooperative managing member-owned rental units. Comparable as a German Wohnungsbaugenossenschaft with similar member-governance, value-based rent, and community-focused operating model, though at smaller scale and in Berlin.

Broad incumbents

• LEG Immobilien AG: Large listed German residential real estate company focused on North Rhine-Westphalia with over 160,000 units. Comparable business model (residential rental lessor) and overlapping member-base demographic, but operates in a different region and as a listed for-profit entity.
• ADLER Group SA: European-focused residential real estate company with a significant German rental portfolio. Comparable as a large-scale residential lessor with similar tenant profile, though operating across multiple European markets and as a listed for-profit entity.
• Vonovia SE: Germany's largest listed residential real estate company with roughly 500,000+ apartments nationwide. Broad incumbent in the same residential rental category with overlapping target market, but operates as a for-profit listed REIT rather than a cooperative, and is geographically diversified across Germany rather than Hamburg-focused.
• Deutsche Wohnen SE: Major German listed residential property company with a portfolio concentrated in Berlin and other urban centers. Comparable as a large-scale residential lessor with similar tenant base, but operates for-profit across multiple cities with significant recent M&A activity.

Direct peers

• SAGA Siedlungs-Aktiengesellschaft Hamburg: Hamburg's municipal housing company and one of Germany's largest residential landlords, managing over 130,000 apartments primarily in Hamburg. Direct peer because it operates at massive scale in the same Hamburg residential rental market, serving comparable affordable-housing demand with a parallel ownership/governance model.
• Wohnungsbaugenossenschaft Hamburg-Wandsbek eG: Another Hamburg-based Wohnungsbaugenossenschaft managing member-owned rental apartments in the same city. Direct peer operating under the same legal framework, with the same target tenant base, same VNW affiliation, and directly competing for member acquisition and housing demand in Hamburg.

Others

• hamburger wohnungsbaugenossenschaften eG (Hamburger Genossenschaftsverband): Cooperative umbrella/audit association for Hamburg-based housing cooperatives. Comparable ecosystem participant and industry body alongside VNW; not a direct operator peer but a structural peer that defines the regulatory and audit framework the subject cooperative operates within.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/allgemeine-deutsche-schiffszimmerer-genossenschaft-eg

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 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 Allgemeine Deutsche Schiffszimmerer-Genossenschaft eG