SWD Städtische Wohnungsgesellschaft Düsseldorf AG

What SWD Städtische Wohnungsgesellschaft Düsseldorf AG does

SWD Städtische Wohnungsgesellschaft Düsseldorf AG is a municipal housing company wholly owned by the City of Düsseldorf (Landeshauptstadt Düsseldorf), operating as a controlled entity under an explicit social mandate to provide affordable rental housing across all income groups. The company manages more than 8,500 residential units across districts including Bilk, Flingern, Garath, Heerdt, Unterbilk, Mörsenbroich, and Lierenfeld, and is the largest provider of publicly subsidized (price-regulated) housing in Düsseldorf with more than 1,600 WBS-certified apartments. Its core activities are rental, property management, maintenance, modernization, and new construction, with sample monthly rents ranging from approximately €336.70 for a 1-room subsidized unit to €1,080.20 for a 3-room market-rate unit, and a typical deposit of three months' gross rent.

The business operates a direct-to-consumer distribution model. Tenants are acquired and serviced through a website-based apartment search portal with district and financing-type filtering, an email housing-offer newsletter, the biannual Hauspost tenant magazine, the SWD mobile app for damage reporting and tenant communication, and a network of Mieterservice-Büros (tenant service offices) physically distributed across Düsseldorf districts. Revenue is generated almost entirely from recurring monthly rental payments across both freely financed and publicly subsidized units, with ancillary income from energy advisory services (the Düsselblitz mobile consultation operated in partnership with Stadtwerke Düsseldorf), tenant communications, and document services. In 2016, the City of Düsseldorf transferred real estate assets valued at approximately €334 million to SWD, providing the capital base for the current pipeline of new construction at sites including Eythstraße, Zeisigweg, Löbbeckestraße, Königsberger Straße, and Wilhelm-Kreis-Straße, as well as the multi-phase Hellweg modernization that will run through the decade.

Name

SWD Städtische Wohnungsgesellschaft Düsseldorf AG

Legal name

SWD Städtische Wohnungsgesellschaft Düsseldorf mbH & Co. KG

Website

https://zu-hause-in-duesseldorf.de

Company type

Private

Operating status

Operating

Headcount range

1–10 employees

Short description

SWD Städtische Wohnungsgesellschaft Düsseldorf AG is a municipal housing company wholly owned by the City of Düsseldorf that manages more than 8,500 residential units, including 1,600+ publicly subsidized apartments, serving households across all income groups in Düsseldorf.

Ownership category

akta.pro rank

Product category

Municipal Residential Housing

NAICS

Lessors of Residential Buildings and Dwellings (53111)

SIC

Operators Of Apartment Buildings (6513)

akta.pro primary industry

Affordable & Subsidized Housing Property Management (LIHTC, Section 8) (BPAJAFAD)

akta.pro secondary industry

Build-to-Rent (BTR) Community Management (BPAJAFAC)

Keywords

• Municipal housing services
• Residential property management
• Affordable rental housing
• Subsidized housing programs
• Housing modernization services

Headquarters

HQ city

Düsseldorf

HQ country

Germany

HQ region

Europe

Offices3 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

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

Revenue model

1. Residential Property Rental: SWD generates primary revenue from renting and managing a portfolio of more than 8,500 residential units in Düsseldorf. Revenue is derived from monthly rental payments across both freely financed and publicly subsidized (WBS) apartments.

Pricing tiers

Go-to-market motion1 record

Distribution channels2 records

Marketing channels5 records

Core offering

SWD is a municipal housing company that rents, manages, maintains, and modernizes more than 8,500 residential units across Düsseldorf, including more than 1,600 publicly subsidized (preisreguliert) apartments. The company also develops and initially rents new-build housing and operates tenant service offices, an online apartment search portal, and digital tenant services (mobile app, online damage reporting).

Product overview

SWD Städtische Wohnungsgesellschaft Düsseldorf AG is a municipal housing company managing over 8,500 residential units in Düsseldorf. The company operates as a unified service platform combining core housing management with digital tenant services. Key offerings include: apartment rental and search services (Wohnungsvermietung, Wohnungssuche), digital tenant support via the SWD-App for damage reporting and communication, energy advisory services including the Düsselblitz mobile consultation, and publication of the Hauspost tenant magazine. The portfolio spans districts Bilk, Flingern, Garath, Heerdt, Unterbilk, Mörsenbroich, and Lierenfeld, with ongoing construction projects including the multi-phase Hellweg modernization and new developments at Königsberger Straße and Wilhelm-Kreis-Straße.

Differentiator

Problem solved

Functional benefit

Products and services

• Residential Apartment Rental (Wohnungsvermietung)

Named customers1 record

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

One partnership is on record.

• Netzwerk Hellweg/MärchenlandminorStrategic or Co-development Partner · 11 July 2026SWD is a supporter of the Netzwerk Hellweg/Märchenland neighborhood network, which organizes the annual summer festival 'Grenzen öffnen – Nachbarn sein' (Open Borders – Being Neighbors). SWD's support helps make the community event possible, reflecting its social mission to foster community cohesion in the neighborhoods it serves.

Scale indicators2 records

Recent moves7 records

Expansion highlights5 records

Direct peers

• Vivawest Wohnen GmbH: Municipal and state-affiliated housing company in North Rhine-Westphalia managing tens of thousands of residential units. Highly comparable to SWD as a regional, sozial orientierter landlord with a large, mostly affordable multi-family portfolio.
• SAGA Siedlungs-Aktiengesellschaft Hamburg: Municipal housing company of the Free and Hanseatic City of Hamburg managing over 130,000 units. Directly comparable to SWD as a German städtische Wohnungsgesellschaft with a social mandate, large affordable housing share, and in-house new construction and modernization.
• Gewobag Wohnungsbau-Aktiengesellschaft Berlin: Berlin municipal housing company managing tens of thousands of units. Comparable to SWD as a German municipal landlord focused on affordable housing in a tight urban market with active new construction.
• Nassauische Heimstätte | Wohnstadt (NHW): State-affiliated municipal housing company in Hesse managing tens of thousands of residential units. Similar to SWD in social mandate, affordable housing focus, and mix of new construction plus modernization activity.

Broad incumbents

• Deutsche Wohnen SE: Major German residential landlord, historically concentrated in Berlin and other urban markets. Comparable to SWD on urban residential rental and exposure to rent regulation, though operates at national, listed scale.
• LEG Immobilien SE: NRW-focused listed residential landlord with a large multi-family portfolio. Adjacent to SWD on geography and product (German residential rental) but private-sector and Iisted, not a municipal company.
• Vonovia SE: Largest listed residential landlord in Germany and Europe. Comparable to SWD as a mass-market residential operator with a multi-city portfolio, but operates at vastly greater scale and is for-profit, not municipally owned.

Regional players

• bauverein AG (Darmstadt): Regional municipal housing company in Darmstadt with a multi-thousand-unit portfolio. Similar model to SWD as a städtische Wohnungsgesellschaft with a social mandate, but operates in a different city geography.

Others

• Stadtwerke Düsseldorf AG: Sister municipal entity of the City of Düsseldorf. Directly comparable as another städtisches Unternehmen of the same owner, and already co-operates with SWD on energy advisory services (e.g., Düsselblitz), making it a relevant ecosystem partner rather than a competitor.
• Allianz SE (Real Estate / Wohnungsbau exposure): Large institutional investor in German residential portfolios. Indirectly comparable to SWD as a major provider of capital into German residential markets, especially municipal and affordable housing projects.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/swd-st%C3%A4dtische-wohnungsgesellschaft-d%C3%BCsseldorf-ag

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 SWD Städtische Wohnungsgesellschaft Düsseldorf AG