Wohnungswirtschaft Frankfurt (Oder) GmbH

What Wohnungswirtschaft Frankfurt (Oder) GmbH does

Wohnungswirtschaft Frankfurt (Oder) GmbH (WOWI) is the municipal housing company of the City of Frankfurt (Oder) in Brandenburg, Germany, and the largest residential landlord in the city. The company owns and operates approximately 7,700 rental apartments and around 200 commercial units, serving the city's residential population and local businesses. Its portfolio is concentrated entirely within Frankfurt (Oder), giving it a dominant local market position as a municipally-owned housing provider.

WOWI generates revenue almost exclusively through rental income on its residential and commercial stock, with no disclosed alternative revenue streams. The company reinvests a substantial portion of inflows back into the portfolio, executing an annual investment programme of €25–35 million across modernisation, energy-efficiency upgrades, and new construction. The current project pipeline includes the €48M Juri-Gagarin-Ring modernisation (8 buildings, 584 apartments), the €9.5–10M Gubener Straße project (85 apartments), the €4.5M Schulstraße new-build (5 buildings, 10–16 units), and the €8M Poetensteig timber-hybrid new-build in cooperation with B&O Bau, scheduled for 2026. The company also maintains a long-standing cooperation with Stadtwerke Frankfurt (Oder) on municipal infrastructure matters.

The delivery model is asset-heavy and operationally straightforward: WOWI owns the physical housing stock, contracts construction and renovation work to external partners (e.g., B&O Bau), and goes to market through standard lease arrangements with individual tenants and commercial occupants. There is no evidence of proprietary technology, AI/ML systems, or differentiated digital platforms beyond a standard WordPress website and tenant portal. Governance is anchored by municipal ownership, with Jan Eckardt as CEO; the company is a founding member of Wohnungsgenossenschaft Zusammenarbeit eG. Overall, the business model is a stable, capital-intensive, rent-driven municipal housing operation with steady reinvestment and limited technological differentiation.

Name

Wohnungswirtschaft Frankfurt (Oder) GmbH

Legal name

Wohnungswirtschaft Frankfurt (Oder) GmbH

Website

https://wowi-ffo.de

Company type

Private

Operating status

Operating

Headcount range

1–10 employees

Short description

Wohnungswirtschaft Frankfurt (Oder) GmbH is the municipally-owned housing company of Frankfurt (Oder), Germany, owning approximately 7,700 rental apartments and 200 commercial units and serving the city's residents and local businesses through long-term lease arrangements.

Ownership category

akta.pro rank

Headquarters

HQ city

Frankfurt (Oder)

HQ country

Germany

HQ region

Europe

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

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

Revenue model

1. Residential Rental Income: WOWI generates primary revenue through recurring rental income from approximately 7,700 residential apartments and commercial units. Rents are charged on a monthly basis with various apartment types from 1-room to 5-room units, including standard apartments, subsidized housing (WBS), furnished apartments, and do-it-yourself apartments where tenants can save up to 50% of net cold rent in the first year by performing renovations themselves.
2. Commercial Property Rental: Revenue from approximately 200 commercial units including office spaces, retail stores, gastronomy establishments in the pedestrian zone, and practice rooms of various sizes and configurations.
3. Garage and Parking Rentals: Revenue from renting garage and parking spaces, including locations with EV charging stations.
4. Event Location Rental: The Hansesaal in the historic Bolfrashaus can accommodate up to 100 persons and is rented out for weddings, conferences, and events.

Pricing tiers

Go-to-market motion1 record

Distribution channels4 records

Marketing channels6 records

Core offering

Wohnungswirtschaft Frankfurt (Oder) GmbH (WOWI FFO) is a municipal housing company that owns and rents out approximately 7,700 residential apartments (1- to 5-room units) and approximately 200 commercial units across Frankfurt (Oder), Germany. Its core offering includes standard residential rentals, subsidized housing (WBS), DIY apartments with up to 50% rent savings in the first year, furnished apartments, commercial spaces (offices, retail, gastronomy), garage/parking rentals, and the Hansesaal event venue. The company supplements rentals with senior consulting services, a digital tenant portal, and major neighborhood modernization projects.

Product overview

WOWI FFO operates as a comprehensive housing services provider offering a diversified portfolio of residential and commercial properties across Frankfurt (Oder). The core offering centers on approximately 7,700 rental apartments ranging from 1- to 5-room units, complemented by about 200 commercial spaces. Key products include the Mieterportal tenant portal for digital self-service, Do-it-yourself Wohnungen allowing tenant customization with up to 50% rent savings, and Möbliertes Wohnen furnished apartments. Additional services include senior consulting, commercial property management, garage/parking facilities, and the historic Hansesaal event venue. The company also manages major development projects including the Juri-Gagarin-Ring neighborhood revitalization and the Marienkirchblick mixed-use building, positioning itself as a full-service housing partner rather than a single-product company.

Differentiator

Problem solved

Functional benefit

Brands

• Do-it-yourself Wohnungen: Self-renovation rental concept where tenants can save up to 50% of net cold rent in the first year
• Möbliertes Wohnen
• Marienkirchblick
• Kosmonauten-Viertel

Products and services

• Residential Apartment Rentals Core offering of approximately 7,700 residential apartments ranging from 1- to 5-room units across Frankfurt (Oder) districts including subsidized housing (WBS), modern new builds, and standard rentals. Target customers are individuals and families seeking affordable long-term housing.
• Do-it-yourself Wohnungen (DIY Apartments) Customizable rental apartments where tenants can personally finish their units and receive rent credits of up to 50% of the net cold rent in the first year. Available in 1- to 4-room configurations. Targets cost-sensitive tenants willing to invest their own labor in exchange for rent savings.
• Möbliertes Wohnen (Furnished Living) Fully furnished apartments in the city center offering flexible furnishing options and rental durations for temporary housing needs. Targets professionals, relocators, and individuals needing short-term accommodation without furniture investment.
• Gewerbeobjekte (Commercial Properties) Portfolio of approximately 200 commercial units including office spaces, retail stores, gastronomy locations in the pedestrian zone, and medical practice rooms in various sizes and configurations. Targets local businesses seeking commercial space in Frankfurt (Oder).
• Garagen & Stellplätze (Garages & Parking) Vehicle parking solutions including garages and parking spaces, with select locations featuring E-charging stations. Targets tenants and visitors needing parking in Frankfurt (Oder).
• Hansesaal Eventlocation Historic event venue within the Bolfrashaus offering space for up to 100 guests, suitable for weddings, conferences, seminars, and various events. Targets event organizers and couples planning weddings in Frankfurt (Oder).
• Seniorenberatung (Senior Consulting) Specialized support services for seniors and people with disabilities, including housing search assistance, apartment adaptations, and referrals to care and community services. Targets elderly residents and people with disabilities who are WOWI tenants or seeking housing.
• Marienkirchblick Mixed-Use Development Residential and commercial building project at Große Oderstraße 25-28 featuring modern apartments and business premises in a historic location near the city church. Targets both residential renters and commercial tenants in central Frankfurt (Oder).
• Wohnen im Kosmonautenviertel (Juri-Gagarin-Ring Quarter) Comprehensive neighborhood revitalization project including complex renovation of buildings 1-41 at Juri-Gagarin-Ring with new playground 'KOSMOS' and community amenities. Targets existing tenants and new renters seeking modernized housing in the Kosmonautenviertel quarter.
• Bistro Marienkirchblick Bistro service located at the Marienkirchblick property, providing refreshments and social gathering space for residents and visitors. Targets tenants, residents, and neighborhood visitors in central Frankfurt (Oder).

Quantifiable outcome

• Up to 50% rent savings in first year through DIY apartment renovation program
• +3 more outcomes

Named customers1 record

Segments5 records

Ideal customer profiles6 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

14 partnerships are on record, tiered core and minor.

• B&O Bau und Gebäudetechnik GmbH & Co. KGcoreStrategic or Co-development Partner · 30 January 2026Partnership for Frankfurt (Oder)'s first serial timber construction project at Poetensteig 1-5. B&O operates a prefabrication plant in Frankfurt (Oder) since 2022 producing solid wood and timber frame walls as well as facade elements. Investment volume of approximately 8 million euros for 26 residential units targeting KfW-Efficiency House 40 standard.
• Stadtwerke Frankfurt (Oder) GmbHcoreStrategic or Co-development Partner · 1 March 2013Cooperation agreement between WOWI and Stadtwerke Frankfurt (Oder) for bundling shared resources of both municipal companies. Focus on improved customer information, joint information events, and cooperation between trainees of both companies. Joint presentation at WOWI Mieterstammtische (tenant roundtables).
• WohnBau Frankfurt (Oder)coreStrategic or Co-development PartnerJoint organizer of Treppenhausmusik cultural event series. Partnership for neighborhood development and community building in Frankfurt (Oder).
• H2 ArchitekturminorImplementation/ SI/ Consulting PartnerArchitecture firm led by Hendrik Heine responsible for design of KOSMOS playground project in the Juri-Gagarin-Ring quarter.
• Mütra Objektmanagement GmbHminorImplementation/ SI/ Consulting PartnerProperty management service provider. Listed as after-hours emergency contact for tenants (Havarie/emergency calls) alongside Lange Dienstleistungs GmbH.
• CityManagement Frankfurt (Oder)minorGTM or Marketing PartnerPartner in GewerbeFREI initiative to combat vacancy in Frankfurt (Oder) city center. Joint effort with WohnBau Frankfurt, Lenné Passagen, and Oderturm to open vacant commercial spaces to prospective tenants.
• Die Gemeinnützige Pflege- und Betreuungsgesellschaft mbHminorStrategic or Co-development PartnerCare and nursing services provider supporting WOWI's senior services including senior consulting, care coordination, and support services for elderly residents.
• Volkssolidarität Frankfurt (Oder) e. V.minorStrategic or Co-development PartnerSocial welfare organization providing support services for WOWI tenants, particularly in senior care and social support.
• Johanniter-Unfall-Hilfe e. V.minorStrategic or Co-development PartnerEmergency services and first aid organization cooperating with WOWI, including participation in tenant events and safety training.
• Hanse Club Wirtschaft für Frankfurt (Oder) und Eisenhüttenstadt e. V.minorOthersBusiness association supporting regional economic development in the Frankfurt (Oder) area.
• Bündnis für Familie Frankfurt (Oder)minorOthersFamily alliance network for work-life balance and family-friendly policies.
• NETZWERK Unternehmen integrieren FlüchtlingeminorOthersNetwork integrating refugees into the workforce and community.
• Unternehmensnetzwerk Erfolgsfaktor FamilieminorOthersFederal initiative for family-friendly working conditions.
• Lenné Passagen and OderturmminorGTM or Marketing PartnerShopping centers partnering with WOWI in GewerbeFREI initiative against inner-city vacancy.

Scale indicators5 records

Recent moves6 records

Expansion highlights4 records

Regional players

• HOWOGE Wohnungsbaugesellschaft mbH: Berlin municipal housing company with ~82,000 units. Same municipal housing company model as WOWI: city-owned, broad residential rental, ongoing new construction and modernization, senior-friendly and subsidized offerings.
• degewo AG: Berlin's largest municipal housing company with ~75,000 apartments. Near-identical business model to WOWI (city-owned, long-term residential rental, mixed urban portfolio) and the closest municipal peer in product/mission, just at significantly larger scale and in a stronger market.
• SAGA Siedlungs-Aktiengesellschaft Hamburg: Hamburg's municipal housing company with ~140,000 apartments. Directly comparable municipal owner-operator model: city-owned residential portfolio with modernization program, social housing allocation, and senior services.
• GBG Mannheimer Wohnungsbaugesellschaft mbH: Mannheim municipal housing company with ~20,000 units. Closest size-comparable to WOWI among German municipal housing peers; same kommunal housing mandate, residential/commercial mix, and modernization focus.
• Nassauische Heimstätte Wohnungs- und Entwicklungsgesellschaft mbH:

Broad incumbents

• Vonovia SE: Germany's largest residential landlord with ~540,000 apartments. Same apartment-rental business model as WOWI but operates nationally with a privatized capital structure; WOWI is the municipal-scale equivalent in miniature.
• LEG Immobilien SE: One of Germany's largest listed residential landlords with ~165,000 apartments in NRW. Comparable urban residential rental focus and ongoing modernization program to WOWI's portfolio approach.
• TAG Immobilien AG: Listed German residential real estate company with ~85,000 apartments concentrated in northern Germany. Comparable portfolio operator model to WOWI with similar tenant segments and value-add renovation strategy.
• Heimstaden AB: European residential landlord with ~160,000 apartments across Germany, Sweden, Denmark, and elsewhere. Comparable residential rental operating model at much larger scale; relevant reference for portfolio management and modernization practice.
• Deutsche Wohnen SE: Major German residential landlord (now under Vonovia ownership) historically focused on Berlin. Comparable urban residential rental model to WOWI, but at vastly greater scale and with private ownership.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• Instagraminstagram.com/wowi_ff0
• LinkedInlinkedin.com/company/wohnungswirtschaft-frankfurt-oder-gmbh

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles16 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 Wohnungswirtschaft Frankfurt (Oder) GmbH