Wohnungsgenossenschaft EG Göttingen

What Wohnungsgenossenschaft EG Göttingen does

Wohnungsgenossenschaft EG Göttingen is a registered housing cooperative (eingetragene Genossenschaft) founded in 1891, operating as the oldest and largest housing cooperative in Göttingen, Germany. The cooperative owns and rents out more than 4,750 apartments across approximately 670 buildings in 14 neighborhoods spanning Göttingen and adjacent Rosdorf, serving 17,063 members as of year-end 2025. To rent an apartment, prospective tenants must purchase a €1,000 business share to become members; no security deposit is charged, and members receive lifelong housing rights (Wohnrecht auf Lebenszeit) under Dauernutzungsverträge, with allocation priority based on membership tenure. Average monthly cold rent in 2025 was €6.46/m².

The cooperative's core products are residential rentals (1-5 room units priced €6.10-€14.00/m²), the membership product itself, and a BaFin-supervised savings facility (Spareinrichtung) offering fixed-term savings (1-10 years at 2.40%-3.20% p.a.) and savings books (0.75%-2.00% p.a.) exclusively to members and their relatives. Member deposits fund new housing construction, creating a closed-loop capital model. The technology layer is built on Aareon CRM powering the 'Meine WG-GOE' service portal (launched August 2024, available as iOS/Android apps), supplemented by radio-based remote meter reading systems across the portfolio and a Matomo/IONOS web stack.

The business model combines recurring residential rental income with member savings interest margin and ancillary fees (parking at €29.75/month inclusive of VAT, guest apartments, community rooms). In 2025, the cooperative invested €17,304 thousand across the portfolio (€7,175 thousand for new construction/renovation, €10,129 thousand for maintenance/modernization), approved a 4% dividend on the mandatory share and 2% on additional shares, and grew membership by 394 persons. Distribution is fully direct-to-consumer in a captive local market, regulated by BaFin (savings supervision) and audited by Verband der Wohnungs- und Immobilienwirtschaft in Niedersachsen und Bremen e.V.

Name

Wohnungsgenossenschaft EG Göttingen

Legal name

Wohnungsgenossenschaft eG Göttingen

Website

https://wg-goe.de

Company type

Private

Founded year

1891

Operating status

Operating

Headcount range

1–10 employees

Short description

Wohnungsgenossenschaft EG Göttingen is a 134-year-old housing cooperative owning 4,750+ apartments across Göttingen and Rosdorf, serving 17,063 members with below-market rentals, lifelong occupancy rights, and a BaFin-supervised member savings facility.

Ownership category

akta.pro rank

Product category

Cooperative Housing

NAICS

Accommodation (721)

SIC

Operators Of Apartment Buildings (6513)

akta.pro primary industry

Mixed-Use Community Association Management (BPAJAHAF)

akta.pro secondary industry

Active Adult / Senior Community Association Management (BPAJAHAJ)

Keywords

• Housing cooperative services
• Residential property rental
• Cooperative membership housing
• Member savings products
• Affordable housing management

Headquarters

HQ city

Göttingen

HQ country

Germany

HQ region

Europe

Offices1 record

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: Monthly rental income from over 4,750 apartments. Tenants pay a monthly usage fee (Nutzungsgebühr/Miete) for their apartments. Net cold rents (Netto-Kaltmieten) range from €6.10 to €14.00 per square meter. Average monthly cold rent per m² in 2025 was €6.46. Membership is required to rent, creating a captive tenant base. Revenue is stable and recurring due to long-term Dauernutzungsverträge (permanent usage contracts) and lifelong Wohnrecht (housing rights).
2. Savings Facility (Spareinrichtung): The cooperative operates its own savings facility (Spareinrichtung) for members and their relatives, subject to supervision under the Kreditwesengesetz. Members and their family members can deposit savings, which are used to fund housing construction. Interest is paid on savings. This is an exclusive member benefit that generates fee income and funds new construction.
3. Parking and Additional Rental Income: Rental income from parking spaces, garages, and bicycle parking spots. Currently listed parking spots rent for €25.00 cold rent plus VAT. Community rooms and guest apartments are also rented to members.

Pricing tiers

Go-to-market motion2 records

Distribution channels3 records

Marketing channels7 records

Core offering

Wohnungsgenossenschaft EG Göttingen is a registered housing cooperative that rents over 4,750 apartments across approximately 670 buildings in Göttingen and Rosdorf, Germany to its members under lifelong housing rights. Members acquire cooperative shares (€1,000 each) and receive annual dividends, while the cooperative also operates a BaFin-supervised savings facility offering fixed-term savings and savings books to fund housing construction.

Product overview

Wohnungsgenossenschaft EG Göttingen operates as a housing cooperative offering a unified platform of residential services. The core offering combines apartment rentals, cooperative membership with lifetime residential rights, and a proprietary savings facility. Members access services primarily through the 'Meine WG-GOE' digital service portal (available as web and mobile apps), which provides contract management, damage reporting, and document access. Supplementary services include guest apartments, community spaces, parking facilities, and a repair request system. The cooperative has over 4,750 apartments across approximately 670 buildings in Göttingen and Rosdorf.

Differentiator

Problem solved

Functional benefit

Products and services

• Apartment Rental (Apartmentvermietung)

Quantifiable outcome

• Average cold rent of €6.46 per m² per month in 2025, below typical market rates in Göttingen.
• +1 more outcomes

Named customers4 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration8 records

Feature2 records

Partnerships

Seven partnerships are on record, tiered core and minor.

• Verband der Wohnungs- und Immobilienwirtschaft in Niedersachsen und Bremen e.V.coreOthersThe cooperative is affiliated with this housing and real estate association in Lower Saxony and Bremen, which serves as its Prüfungsverband (audit association). The Verband conducts mandatory audits of the cooperative.
• Selbsthilfeeinrichtung zur Sicherung von Spareinlagen bei Wohnungsgenossenschaften (GdW Selbsthilfefonds)coreOthersThe cooperative is a member of the GdW's self-help facility for securing savings deposits at housing cooperatives. This provides an additional layer of protection for savings held by members. The facility has existed since 1974 and has never had to intervene.
• Bundesanstalt für Finanzdienstleistungsaufsicht (BaFin)coreOthersThe cooperative's savings facility is subject to supervision by BaFin under the Kreditwesengesetz (Banking Act). Address: Graurheindorfer Straße 108, 53117 Bonn.
• Aareon (via Serviceportal)coreTechnology or IntegrationThe cooperative's Serviceportal 'Meine WG-GOE' is built on the Aareon CRM platform (wg-goe-crm.aareon.com). The app is listed in app stores under Aareon branding (com.aareon.wggoettingen).
• Stadtwerke GöttingenminorOthersListed as an emergency contact for gas smell reports (emergency hotline: 0551 301333). Not a formal partnership but a critical operational service provider.
• Göttinger RohrreinigungminorOthersEmergency plumbing/drain cleaning service listed for after-hours emergencies. Phone: 0551 600550.
• Allroundservice Maik GemmeckeminorOthersLocksmith/key service listed for after-hours emergencies. Phone: 0176 24584906.

Scale indicators6 records

Recent moves7 records

Expansion highlights5 records

Direct peers

• SAGA Unternehmensgruppe Hamburg: Hamburg's municipal housing company manages ~140,000 apartments and operates under a similar model of providing affordable, long-term housing for broad demographics. Comparable as a German municipal/cooperative-style housing operator with a strong regional footprint and member-oriented governance philosophy.
• GAG Immobilien AG: Cologne's municipal housing association manages over 50,000 apartments with focus on affordable housing for families, students, and seniors. Directly comparable as a German housing operator with a diversified demographic portfolio strategy and similar long-term tenant relationship model.
• Gewobag AG:

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Instagraminstagram.com/wg_goettingen
• LinkedInlinkedin.com/company/wohnungsgenossenschaft-eg-g%C3%B6ttingen

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 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 Wohnungsgenossenschaft EG Göttingen