COVIVIO IMMOBILIEN GMBH

What COVIVIO IMMOBILIEN GMBH does

Covivio Immobilien GmbH is the German operating subsidiary of Covivio SA, a publicly listed European real estate group headquartered in Metz, France. The company operates a 360° real estate model spanning ownership, investment, development, operations, and service provision across three asset classes: residential properties (Wohnimmobilien), office properties (Büroimmobilien), and hotel properties (Hotelimmobilien). It is registered as a private limited company (GmbH) at the Commercial Register of Duisburg (HRB 38563), with operational headquarters in Oberhausen and additional offices in Berlin and Essen, and serves tenants and partners across Germany and broader European metropolitan markets.

The core business model is rental income — primarily subscription-recurring — from owned residential, office, and hotel portfolios, supplemented by one-time property sales and project development fees. Distribution is direct-to-tenant: prospective tenants use the website's Immobilien Schnellsuche (powered by Immosolve) to find apartments, book viewings through Microsoft Bookings, and subsequently self-serve via the Mein Covivio customer portal and Covivio mobile app for damage reporting, document access (utility bills, certificates, SEPA mandates), and account management. Hotel operations are conducted in partnership with lifestyle brands in key European metropolitan locations. The company's market position is supported by a 97.1% occupancy rate across asset classes in FY2025, 100+ properties carrying quality certifications, and a group-wide 40% CO2 emission reduction target by 2030. AI deployment is limited to third-party CV parsing (Textkernel) in the recruitment workflow and a stated future intent to apply AI to rental agreement management under the EU AI Act — capabilities that are operational rather than core differentiators.

Name

COVIVIO IMMOBILIEN GMBH

Legal name

Covivio Immobilien GmbH

Website

https://covivio.immo

Company type

Private

Operating status

Operating

Short description

Covivio Immobilien GmbH is the German subsidiary of European real estate group Covivio SA, managing, developing, and operating residential, office, and hotel properties in German and European metropolitan markets, serving tenants, businesses, and hotel operators through owned and developed assets and digital tenant services.

Ownership category

akta.pro rank

Product category

Commercial Real Estate

NAICS

Residential Property Managers (531311), Rental and Leasing Services (532), New Multifamily Housing Construction (except For-Sale Builders) (236116)

SIC

Operators Of Apartment Buildings (6513), Operators Of Nonresidential Buildings (6512), Hotels, Rooming Houses, Camps & Other Lodging Places (7000), Real Estate Agents & Managers (For Others) (6531)

akta.pro primary industry

Multifamily Apartment Property Management (BPAJAFAA)

akta.pro secondary industries

Multifamily Brokerage (BPAJABAD), New-Listing Onboarding, Setup & Launch Services (THAMAKAO)

Keywords

• Commercial real estate
• Residential property management
• Office real estate
• Hotel real estate
• Real estate development

Headquarters

HQ city

Oberhausen

HQ country

Germany

HQ region

Europe

Offices4 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Residential Property Rental: Rental income from residential properties (Wohnimmobilien). Tenants pay monthly rent; ancillary costs (Nebenkosten) are billed separately. Digital services include Nebenkostenabrechnung (utility billing).
2. Office Property Rental: Rental income from office properties (Büroimmobilien). Community-focused multi-site concepts for businesses.
3. Hotel Property Investment and Operations: Covivio is one of the largest hotel investors in Europe with strong presence at key German hotel locations and European metropolitan areas.
4. Property Sales: Sale of properties to buyers. Upon sale, tenant files and rental security status are transferred to the buyer.
5. Project Development: Property development services for new construction and redevelopment projects, including the 030BLN mixed-use tower at Alexanderplatz Berlin.

Go-to-market motion2 records

Distribution channels4 records

Marketing channels7 records

Core offering

Covivio Immobilien GmbH owns, develops and manages a portfolio of residential, office and hotel real estate in Germany and other European markets. It generates income from long-term rental of owned apartments and commercial buildings, invests in the development and repositioning of mixed-use properties such as 030BLN in Berlin, and operates digital tenant services through the Mein Covivio portal, mobile app, property search and AI-supported rental management tools.

Product overview

Covivio is a 360° real estate company operating as owner, investor, developer, operator, and service provider. The company offers three core property segments: Wohnimmobilien (residential), Büroimmobilien (office), and Hotelimmobilien (hotels). Supporting digital services include the Mein Covivio customer portal, Covivio-App for mobile access, Immobilien Schnellsuche for property search, and a Handwerkermarkt for contractor management. The flagship development project is 030BLN, a mixed-use tower at Alexanderplatz in Berlin.

Differentiator

Problem solved

Functional benefit

Products and services

• Residential real estate portfolio (Wohnimmobilien)

Quantifiable outcome

• 97.1% occupancy rate across all asset classes in all core markets (FY2025)
• +2 more outcomes

Named customers1 record

Segments4 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration8 records

AI capability3 records

Feature5 records

Partnerships

Two partnerships are on record, tiered core.

• Immosolve GmbHcoreTechnology or IntegrationTechnology partner providing property search functionality (Immobilien Schnellsuche) integrated into Covivio's website. Enables apartment search by location, price, size, and number of rooms. Data is stored at both Covivio Immobilien GmbH and Immosolve GmbH.
• softgarden e-recruiting GmbHcoreTechnology or IntegrationApplicant management system provider for online recruitment. Hosts Covivio's career portal, manages job applications, and provides candidate tracking. Contracted as order processor under Art. 28 GDPR. Located at Tauentzienstraße 14, 10789 Berlin.

Scale indicators5 records

Recent moves5 records

Expansion highlights5 records

Direct peers

• Vonovia SE: Germany's largest residential landlord with a diversified portfolio of multifamily apartments across German metropolitan areas. Directly comparable as a vertically integrated owner/operator of residential rental property with similar scale, urban focus, and digital tenant services.
• LEG Immobilien SE: German residential real estate company headquartered in NRW (Düsseldorf) with a large multifamily portfolio — geographically adjacent to Covivio's Oberhausen HQ and serving a similar tenant base with comparable urban-rental operations.
• Pandox AB: European hotel property investor focused on prime hotel real estate across multiple European cities. Comparable as a dedicated hotel-property investor with overlapping European metropolitan markets and similar asset-light operations model.
• TAG Immobilien AG: German residential landlord operating multifamily portfolios across northern and eastern Germany. Comparable as a publicly-listed residential operator with similar rental-income business model and German geographic exposure.
• Deutsche Wohnen SE: Major German residential property owner/operator focused on urban apartments and multifamily housing. Comparable as a direct competitor in German residential rental markets with overlapping tenant demographics and operating model.
• alstria office REIT-AG: German office REIT focused on German office properties. Comparable as a direct peer in Covivio's office segment with similar tenant base of German enterprises and government entities.
• AccorInvest: European hotel property owner and operator with extensive hotel real estate across European metropolitan areas. Comparable as a major European hotel investor pursuing experience-driven hospitality concepts similar to Covivio's lifestyle-brand partnerships.
• Grand City Properties S.A. European residential real estate company with a significant German urban multifamily portfolio. Comparable as a direct peer in value-add apartment management with similar tenant demographics and urban concentration.

Broad incumbents

• Aroundtown SA: European diversified real estate company with German commercial and hotel exposure. Overlaps with Covivio in office and hotel segments and competes broadly for institutional capital in German real estate.
• Gecina SA: French diversified real estate company with residential, office, and mixed-use portfolios. Comparable as a Covivio SA sibling at the parent-group level and a broad European incumbent in the same real estate operating model.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/channel/UCsAFXuXerD8IPnjABc4EVLw/videos
• LinkedInlinkedin.com/showcase/covivio-deutschland

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles6 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 COVIVIO IMMOBILIEN GMBH