Spar- Und Bauverein Paderborn EG

What Spar- Und Bauverein Paderborn EG does

Spar- und Bauverein Paderborn EG is a registered cooperative (eingetragene Genossenschaft, eG) founded in 1892 and headquartered in Paderborn, Germany. It is the largest housing provider in Paderborn, managing a portfolio of 3,023 residential units, 1,430 garage and parking spaces, and 8 commercial units, serving more than 5,800 member-tenants. The cooperative operates under the direct-to-consumer model, with members also serving as tenants who receive secure permanent housing rights (Dauerwohnrecht) and preferential access to apartments. Revenue is generated entirely through subscription-style recurring rental income from residential units, parking, and commercial leases, with social/affordable pricing (approximately €5.47/m² cold rent) and income-based eligibility for some units via the Wohnungsberechtigungsschein.

The company offers a segmented housing portfolio through dedicated product lines: family-friendly apartments with gardens and terraces, student and young singles housing under the "easy wohnen" brand, senior co-housing communities with day care services, and social housing for income-eligible applicants. The core operational platform is the SparBau Portal, a member portal handling damage reporting, change notifications, rental certificates, guest apartment bookings, and membership management. Property maintenance is delivered through an in-house Hausmeisterservice (caretaker service) supported by a lean team of 6 employees. Recent strategic activity centers on the KlimaQuartier.NRW sustainable district development in Paderborn's Südstadt, which expands the portfolio with climate-resilient new construction and district heating infrastructure.

The cooperative is governed by a two-member Vorstand (Thorsten Mertens as Chairman, Alexander Prior) and a nine-member Aufsichtsrat chaired by Dr. Jörg-Markus Habich, with 119 elected representatives in the Vertreterversammlung. Key external partnerships include the City of Paderborn (Akteursgespräch Wohnen policy dialogue) and Caritasverband Paderborn e.V. (community development). For fiscal year 2025, the cooperative reported €21.1M in sales revenue, a €3.9M annual surplus, and a €157.8M balance sheet total, reflecting stable, profitable operations consistent with its 133-year history.

Name

Spar- Und Bauverein Paderborn EG

Legal name

Spar- und Bauverein Paderborn EG

Website

https://spar-und-bauverein.de

Company type

Private

Founded year

1892

Operating status

Operating

Headcount range

1–10 employees

Short description

Spar- und Bauverein Paderborn EG is a 133-year-old housing cooperative in Paderborn, Germany, managing 3,023 residential units, 1,430 parking spaces, and 8 commercial units for over 5,800 member-tenants. It provides affordable rental housing across family, student, senior, and social housing segments through a member-owned cooperative model.

Ownership category

akta.pro rank

Product category

Residential Housing (Affordable Rental)

NAICS

Assisted Living Facilities for the Elderly (623312), Lessors of Nonresidential Buildings (except Miniwarehouses) (531120)

SIC

Lessors Of Real Property, Nec (6519), Services-To Dwellings & Other Buildings (7340)

akta.pro primary industry

Condominium Association Management (BPAJAHAA)

Keywords

• Residential rental housing
• Housing cooperative
• Affordable housing
• Property management
• Social housing

Headquarters

HQ city

Paderborn

HQ country

Germany

HQ region

Europe

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Revenue model

1. Residential Rental Income: Primary revenue from rental income from 3,023 residential units. Rent is charged at social/affordable rates, with properties ranging from student apartments to family homes and senior housing. Members receive preferential access and social housing benefits.
2. Parking and Garage Rental: Revenue from 1,430 garage and parking space rentals.
3. Commercial Unit Rental: Revenue from 8 commercial units (Gewerbliche Einheiten) within the property portfolio.

Pricing tiers

Go-to-market motion1 record

Distribution channels2 records

Marketing channels4 records

Core offering

Spar- und Bauverein Paderborn EG is a registered cooperative (eingetragene Genossenschaft) that provides affordable rental housing in Paderborn, Germany. It manages a portfolio of over 3,023 residential apartments, 1,430 garages/parking spaces, and 8 commercial units, serving more than 5,800 members. Offerings span family apartments, student/singles housing, and senior living communities, complemented by an online member portal (SparBau Portal) for tenancy services.

Product overview

Spar- und Bauverein Paderborn EG is a housing cooperative (Genossenschaft) providing affordable rental housing in Paderborn, Germany. The offering consists of a residential property portfolio managed through the SparBau Portal member platform, supplemented by specialized housing segments for families, seniors, and young people. The core product is the SparBau Portal for member services, while Wohnungsangebote provides apartment listings. Specialized housing includes easy wohnen for students/young people, Senioren-Wohngemeinschaft with day care, and family apartments with garden terraces. Development projects like KlimaQuartier.NRW expand the portfolio with sustainable new construction. The cooperative operates over 3,000 apartments and serves 5,800+ members.

Differentiator

Problem solved

Functional benefit

Products and services

• SparBau Portal
• Wohnungsangebote (Apartment Listings) Rental apartment listings platform showcasing the cooperative's available housing units with details on size, rooms, cold rent prices, and features. Prospective tenants can submit interest forms (Interessentenbogen) and request exposés for specific units.
• easy wohnen Specialized rental housing offering targeted at students, singles, and young people, providing affordable entry-level apartments in Paderborn.
• Senioren-Wohngemeinschaft (Senior Co-Housing) Senior living community (Wohngemeinschaft) with integrated day care services (Tagespflege) for elderly residents, including those requiring care facilities.
• Familienfreundliche Mietwohnungen (Family-Friendly Rental Apartments) Family-friendly rental apartments featuring gardens or terraces, suitable for families with children, offered at socially responsible prices in central Paderborn locations.
• KlimaQuartier.NRW (Climate District) Sustainable climate district development project featuring new residential construction, inclusive housing concepts, and district heating infrastructure at the Querweg site in Paderborn's Südstadt.
• Garage and Parking Space Rentals Rental of 1,430 garages and parking spaces within the cooperative's property portfolio, available to members and tenants.
• Commercial Unit Rentals Rental of 8 commercial units (Gewerbliche Einheiten) within the cooperative's property portfolio in Paderborn.

Quantifiable outcome

• Over 5,800 members trust the cooperative
• +3 more outcomes

Named customers3 records

Segments4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Two partnerships are on record, tiered core.

• Caritasverband Paderborn e.V.coreStrategic or Co-development Partner · 1 July 2026Joint community development partnership with Caritasverband Paderborn e.V. Includes collaborative neighborhood events such as the Weihnachtsmarkt at the TegelBogen quarter, bringing together neighbors, friends, and families. Partnership demonstrates commitment to community building and inclusive living spaces.
• Stadt PaderborncoreStrategic or Co-development Partner · 1 January 2026Active participation in municipal dialogue format 'Akteursgespräch Wohnen' initiated by the City of Paderborn. The cooperative contributes professional perspective to housing policy discussions, working with city leadership on housing market development and urban planning.

Scale indicators9 records

Recent moves5 records

Expansion highlights4 records

Broad incumbents

• Vonovia SE: Germany's largest residential real estate company with ~500,000 units nationwide. Comparable as a major German landlord of affordable and mid-market rental housing, but operates at vastly greater scale, is publicly listed, and is not a member-owned cooperative.

Direct peers

• TAG Immobilien AG: Hamburg-based German residential real estate company managing ~85,000 units, focused on affordable housing in B-cities. Comparable in tenant base (lower-to-middle income renters) and value-oriented operating model.
• LEG Immobilien SE: Major German residential real estate company focused on affordable and mid-market rental housing, headquartered in North Rhine-Westphalia — the same state as Spar- und Bauverein — making it the closest geographic and product peer.
• Grand City Properties SA: German residential real estate company with a portfolio of ~60,000 units concentrated in urban and B-city markets. Comparable in focus on urban affordable rental housing, though operates as a publicly traded vehicle rather than a cooperative.
• Vivawest GmbH: Large German housing company with ~120,000 units concentrated in North Rhine-Westphalia, jointly owned by municipal utilities and RWE. Closely comparable as a regional affordable housing provider in the same state.
• ADO Properties SA: Berlin-focused German residential real estate company with ~24,000 units. Comparable as a publicly listed operator of urban rental housing, though concentrated in Berlin rather than Paderborn.
• Deutsche Wohnen SE: Major German residential real estate company (now part of Vonovia) historically focused on Berlin and urban rental markets. Comparable in residential rental focus and tenant demographics, though at much larger scale.

Regional players

• Sahle Wohnen GmbH & Co. KG: Family-owned German residential real estate company with ~23,000 units, primarily in North Rhine-Westphalia and surrounding regions. Comparable as a regional, mid-sized provider of affordable rental housing with in-house property management.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/spar--und-bauverein-paderborn-eg

Revenue estimate

Valuation estimate

Number of profiles

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 Spar- Und Bauverein Paderborn EG