Sächsische Wohnungsgenossenschaft Dresden eG

What Sächsische Wohnungsgenossenschaft Dresden eG does

Sächsische Wohnungsgenossenschaft Dresden eG (SWGD) is a member-owned German housing cooperative (eingetragene Genossenschaft, eG) headquartered at Fechnerstraße 15 in Dresden-Kaditz. Founded on 24 March 1954 as the workers' housing cooperative of the state-owned Transformatoren- und Röntgenwerk and renamed SWGD on 10 April 1990 following German reunification, the organization manages approximately 9,603 residential apartments across 10 Dresden neighborhoods (Wilder Mann/Trachau, Klotzsche, Oberer Hecht, Am Rosengarten, Mickten, Pieschen/Trachenberge, Kaditz/Übigau, Pirnaische Vorstadt, Seevorstadt-Ost, and Seevorstadt-West/Wilsdruffer Vorstadt). The portfolio also includes 2,952 garages and parking spaces and 61 commercial properties. SWGD serves approximately 10,465 members who hold ownership shares and are entitled to lifelong tenancy rights plus democratic participation through the Vertreterversammlung. As of 31.12.2025 the cooperative reports annual rental revenue above €43 million, a balance sheet total of €317.01 million, fixed assets of €287.2 million, and equity capital of €177.3 million.

SWGD's revenue model rests on three recurring rental streams: residential apartment rental (the dominant line), parking/garage rental, and commercial property rental. Membership is gated by a €50 entry fee plus a minimum one-share purchase at €150, with additional shares scaled to apartment size — these shares substitute for a conventional security deposit. Rents are unit-specific; a documented 3-room new-build at Struvestraße 4 (80.26 m²) carries total monthly rent of €1,236.01 inclusive of utilities and heating. The cooperative operates a direct-to-consumer go-to-market: a centralized tenant service (Zentraler Mieterservice) by phone and email, a walk-in Mieterzentrum at Reitbahnstraße 6, the Klotzscher Treff community center at Göhrener Weg 5 in Klotzsche, and a product-led digital layer comprising an Aareon-powered Mieterportal for existing tenants and a Wohnungshelden-integrated housing request portal for prospects. Community engagement is reinforced through Palaissommer festival sponsorship and a bi-annual member magazine (Wohnfühlen). The regulated statutory audit is conducted by the Verband Sächsischer Wohnungsgenossenschaften e.V., and emergency repair services are outsourced to Dresdner Handwerkerhof Ausbau GmbH under a 24/7 hotline.

The technology stack is conventional and non-proprietary: Matomo web analytics hosted on German servers by CS Webservice, Aareon CRM for tenant management, Friendly Captcha for bot protection, and YouTube embeds for video content. No AI/ML or proprietary platform capabilities are disclosed. Recent strategic priorities include a brand refresh (new logo and redesigned website in late 2024), a fiber optic network rollout in partnership with PYUR beginning in Klotzsche (June 2025, first 500 apartments by end-2025), the multi-year Heideblick renovation of 462 apartments in Klotzsche (2025–2028), and construction of a 114-apartment new-build quarter behind the Fechnerstraße headquarters (targeted completion early 2029).

Name

Sächsische Wohnungsgenossenschaft Dresden eG

Legal name

Sächsische Wohnungsgenossenschaft Dresden eG

Website

https://swg-dresden.de

Company type

Private

Founded year

1954

Operating status

Operating

Headcount range

11–50 employees

Short description

Sächsische Wohnungsgenossenschaft Dresden eG (SWGD) is a member-owned German housing cooperative managing approximately 9,603 residential apartments across 10 Dresden neighborhoods, serving 10,465 members with lifelong tenancy rights and generating over €43 million in annual rental revenue.

Ownership category

akta.pro rank

Headquarters

HQ city

Dresden

HQ country

Germany

HQ region

Europe

Offices3 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

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

Revenue model

1. Residential Rental Income: SWGD's primary revenue stream is rental income from approximately 9,603 residential apartments. Annual rental revenue is stated at over 43 million euros (as of the company's most recent reporting). Rent includes cold rent (Kaltmiete), operating costs (Nebenkosten), and heating costs (Heizkosten). Tenants must become members of the cooperative and purchase share capital (Pflichtanteile).
2. Garage and Parking Space Rental: SWGD generates additional rental income from 2,952 garages and parking spaces (Stellplätze). These are offered to tenants and can be requested through the SWGD website using the Wohnungshelden portal.
3. Commercial Property Rental: SWGD owns and rents out 61 commercial properties (Gewerbeobjekte), contributing to non-residential rental revenue streams.

Pricing tiers

Go-to-market motion2 records

Distribution channels5 records

Marketing channels6 records

Core offering

Sächsische Wohnungsgenossenschaft Dresden eG provides affordable residential rental housing through a member-owned cooperative model, managing approximately 9,603 apartments across 10 Dresden neighborhoods. In addition to residential tenancies, SWGD rents 2,952 garages and parking spaces and 61 commercial properties. The cooperative also offers tenant-facing digital services (Mieterportal via Aareon, Vertreterportal), physical service centers (Mieterzentrum, Klotzscher Treff), and an emergency repair service.

Product overview

Sächsische Wohnungsgenossenschaft Dresden eG (SWGD) operates as a housing cooperative managing approximately 9,600 residential units across 10 districts in Dresden. The core offering consists of affordable rental apartments supplemented by tenant-facing digital services including the Mieterportal (Aareon CRM-based tenant portal), Vertreterportal (representative governance portal), and apartment listing platform integrated with Wohnungshelden. Physical services include the Klotzscher Treff community center, emergency repair services, and ongoing modernization programs including fiber optic expansion and major renovation projects.

Differentiator

Problem solved

Functional benefit

Products and services

• Residential Apartment Rentals Long-term rental of approximately 9,603 apartments (1- to 6-room units) across 10 Dresden neighborhoods (Wilder Mann/Trachau, Klotzsche, Oberer Hecht, Am Rosengarten, Mickten, Pieschen/Trachenberge, Kaditz/Übigau, Pirnaische Vorstadt, Seevorstadt-Ost, Seevorstadt-West/Wilsdruffer Vorstadt). Rent includes cold rent, operating costs, and heating costs; tenants must purchase cooperative shares (Pflichtanteile). Minimum tenancy is 2 years.
• Garage and Parking Space Rentals Rental of 2,952 garages and parking spaces (Stellplätze) to tenants and applicants. Requests are submitted via the Wohnungshelden portal integrated into the SWGD website.

Quantifiable outcome

• Over 43 million euros in annual rental revenue reinvested in building maintenance, modernization, and residential environment improvement
• +1 more outcomes

Named customers1 record

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

Partnerships

Six partnerships are on record, tiered core and minor.

• PYUR (Tele Columbus / DNS:NET)coreTechnology or Integration · 1 June 2025PYUR is the telecommunications partner for SWGD's fiber optic (Glasfaser) network expansion. In June 2025, the companies held a groundbreaking ceremony for the fiber rollout beginning in the Klotzsche district (Dörnichtweg), with plans to connect the first 500 apartments by end of 2025. PYUR provides the network infrastructure and connectivity services for SWGD's residential properties.
• Dresdner Handwerkerhof Ausbau GmbHcoreImplementation/ SI/ Consulting PartnerDresdner Handwerkerhof Ausbau GmbH is the contracted emergency repair firm (Havarie- und Notdienst) for SWGD. The company handles urgent repairs for heating, plumbing, and electrical systems, as well as emergencies posing risk to life or building integrity that cannot wait until the next business day. Key-and-lock emergencies are forwarded to a locksmith service.
• Aareon (Tenant Portal / CRM)coreTechnology or IntegrationAareon provides the Mieterportal (tenant CRM portal) used by SWGD tenants to submit repair requests, manage communications, and access their accounts. The portal (meine-swgd-crmportal.aareon.com) is integrated into SWGD's website. Registration requires an active rental contract.
• Wohnungshelden (Rental Request Portal)coreTechnology or IntegrationWohnungshelden provides the online housing request and apartment application portal linked from the SWGD website. Prospective tenants use this platform to submit rental applications and parking space requests. The portal is embedded at app.wohnungshelden.de.
• Verband Sächsischer Wohnungsgenossenschaften e.V.coreOthersThe Association of Saxon Housing Cooperatives (Verband Sächsischer Wohnungsgenossenschaften e.V.) is SWGD's responsible audit association (zuständiger Prüfungsverband). It conducts the mandatory statutory audit of SWGD's cooperative management and governance, based at Antonstraße 37, 01097 Dresden.
• Theaterhaus Rudi (Children's Theater)minorOthersTheaterhaus Rudi hosts SWGD-sponsored children's theater events (e.g., puppet shows for children aged 4+). Free tickets are distributed to members via SWGD service points. SWGD covers event costs and provides free admission for members.

Scale indicators10 records

Recent moves5 records

Expansion highlights3 records

Broad incumbents

• Howoge Wohnungsbaugesellschaft mbH: Berlin municipal housing company with ~80,000 rental apartments. Comparable as a peer in scale, urban residential focus, and large-scale tenant service operations similar to SWGD.
• LEG Immobilien AG: NRW-based listed residential company with ~165,000 units. Directly comparable in operating a large German rental apartment portfolio with focus on affordable housing and tenant services.
• Gewobag Wohnungsbauaktiengesellschaft Berlin: Berlin's municipal housing company managing ~70,000 rental apartments. Comparable in operating a large, mission-driven urban residential portfolio with focus on affordable housing and tenant engagement.
• Vonovia SE: Germany's largest residential landlord with ~500,000 units nationwide. Listed residential company with a market-based model that contrasts with SWGD's cooperative structure, but directly comparable as a peer in scale of apartment operations and German rental exposure.
• SAGA Siedlungsaktiengesellschaft Hamburg: Hamburg's municipal housing company with ~140,000 units. Comparable in operating a large, mission-driven urban residential portfolio providing affordable rental housing with broad tenant services.
• TAG Immobilien AG: Listed German residential landlord with a portfolio of ~85,000 units concentrated in northern and eastern Germany. Especially comparable given its eastern German footprint, similar to SWGD's Dresden exposure.
• Deutsche Wohnen SE: Major German residential landlord (now part of Vonovia) with a portfolio concentrated in Berlin and other urban centers. Comparable in operating large urban apartment portfolios and managing tenant services at scale.

Direct peers

• Woba Dresden GmbH: Municipal housing company of the City of Dresden with tens of thousands of rental apartments in the same city as SWGD. Closest direct peer in terms of geography, tenant base, and product offering (rental housing in Dresden), though organized as a municipal GmbH rather than cooperative.
• Wohnungsgenossenschaft Aufbau Dresden eG: Cooperatively organized housing provider based in Dresden operating several thousand apartments under the same cooperative law as SWGD. Closest structural and geographic peer with identical legal form, governance model, and tenant value proposition.

Others

• Aareon AG: Provider of the Mieterportal CRM platform used by SWGD (and many other German housing companies and cooperatives). Included as an adjacent ecosystem enabler supplying the technology infrastructure for tenant-facing digital services at SWGD.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks5 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/s%C3%A4chsische-wohnungsgenossenschaft-dresden-eg

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 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 →

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