wohnungsbaugenossenschaft zentrum eg

What wohnungsbaugenossenschaft zentrum eg does

Wohnungsbaugenossenschaft Zentrum eG is a Berlin housing cooperative (Genossenschaft) headquartered in Prenzlauer Berg at Storkower Straße 101, registered under GnR 447 B at Amtsgericht Charlottenburg. Founded in 1957, the cooperative manages approximately 4,450 residential and commercial units across six neighborhoods in the Prenzlauer Berg district and serves roughly 6,000 members. Governance is exercised through a Vertreterversammlung of elected representatives (most recently reconstituted in 2026 for a term through 2031) and an executive board including Kaufmännische Vorständin Monique Schernell, appointed in 2025.

The cooperative operates on a non-profit, cost-covering basis under the German Genossenschaftsgesetz (GenG). Revenue is generated primarily through monthly usage fees (Nutzungsentgelte) from member-occupants, supplemented by one-time share purchases (Geschäftsanteile) that establish and maintain membership, plus commercial rents on the small commercial portion of the portfolio. Surplus is reinvested into the portfolio rather than distributed; the cooperative is audited by a Genossenschaftsverband. The underlying technology and operating stack is conventional property-management software and standard communication tools, with no disclosed AI/ML or proprietary technology platforms. Member-facing digital services include a 2025-launched member-only Online-Marktplatz and a WhatsApp news channel, supporting peer-to-peer exchange and direct communications.

Recent strategic activity centers on asset modernization and community infrastructure rather than portfolio expansion. In April 2025, the cooperative entered a partnership with Eurofiber to roll out FTTH fiber connectivity across the portfolio. A new Genossenschaftszentrum is under construction at Greifswalder Straße 122, with structural completion targeted for 2026 and member occupancy timed to the cooperative's 70th anniversary in 2027; an adjacent Ärztehaus (medical center) will provide eight practice spaces from October 2027. Geographic expansion beyond Prenzlauer Berg is not indicated.

Name

wohnungsbaugenossenschaft zentrum eg

Legal name

Wohnungsbaugenossenschaft Zentrum eG

Website

https://wbg-zentrum.de

Company type

Private

Founded year

1957

Operating status

Operating

Short description

Wohnungsbaugenossenschaft Zentrum eG is a non-profit Berlin housing cooperative founded in 1957, managing roughly 4,450 residential and commercial units in Prenzlauer Berg for approximately 6,000 member-occupants on a cost-covering, member-owned basis under German cooperative law.

Ownership category

akta.pro rank

Product category

Cooperative Residential Housing

NAICS

Business, Professional, Labor, Political, and Similar Organizations (8139)

SIC

Services-To Dwellings & Other Buildings (7340), Services-Membership Organizations (8600)

akta.pro industry

PRIMARYBPAJAHAC

Cooperative (Co-op) Housing Association Management

Business & Public Services/Real Estate Services (Brokerage, Property Management)/HOA/Condominium Association Management

SECONDARYBPAGALAC

Affordable Housing & Community Development (Housing, Community Land Trusts)

Business & Public Services/Nonprofit, NGO & Social Services/Social Enterprises & Impact Organizations

SECONDARYBPAJAFAH

HOA / Condominium Association Management

Business & Public Services/Real Estate Services (Brokerage, Property Management)/Residential Property Management

Keywords

• Cooperative housing services
• Residential property management
• Affordable rental housing
• Member-owned housing cooperative
• Housing association services

Headquarters

HQ city

Berlin

HQ country

Germany

HQ region

Europe

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Supply Chain, Others

Revenue model

1. Residential Rental Income: WBG Zentrum generates primary revenue from monthly apartment usage fees (Nutzungsentgelte) paid by its approximately 6,000 members for the approximately 4,450 residential and commercial units it owns and manages across six neighborhoods in Berlin-Prenzlauer Berg. Members pay rent for their apartments, and these fees constitute the core recurring revenue stream. The cooperative's status as a Genossenschaft means it operates on a non-profit basis, with rental income reinvested into property maintenance, modernization, and new construction.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels5 records

Core offering

Wohnungsbaugenossenschaft Zentrum eG (WBG Zentrum) is a member-owned housing cooperative that provides affordable, long-term residential rental housing to approximately 6,000 members across approximately 4,450 residential and commercial units in six neighborhoods of Berlin-Prenzlauer Berg. The cooperative operates on a non-profit, cost-covering basis, reinvesting rental income (Nutzungsentgelte) into property maintenance, modernization, and new construction, and offers supplementary services including guest apartments, parking, garages, a member-only online marketplace, and community programs.

Product overview

Wohnungsbaugenossenschaft Zentrum eG operates as a housing cooperative in Berlin's Prenzlauer Berg district, managing approximately 4,450 residential units across six neighborhoods for its 6,000 members. The cooperative's offerings include core housing services (Wohnungsangebot), supplementary services (Wohn-Service with parking/garages/bathroom modernization), guest apartments (Gästewohnungen), and a member-only online marketplace (Online-Marktplatz). The cooperative also operates commercial properties including medical centers (Ärztehäuser), and is undertaking major construction projects including a new cooperative center (Genossenschaftszentrum). Members access services through a password-protected Mitgliederbereich portal and receive updates via WhatsApp channel and the biannual magazine 'Im Zentrum'.

Differentiator

Problem solved

Functional benefit

Products and services

• Wohnungsangebot (Rental Housing) Rental apartments of various sizes available to cooperative members in six residential areas (Am Ostseeplatz, Am Volkspark Friedrichshain, Blumenviertel, Dichter-Viertel, Mühlenkiez, Thälmann-Park) of Berlin-Prenzlauer Berg. Members access the portfolio through the cooperative membership pathway.
• Gästewohnungen (Guest Apartments)

Named customers1 record

Segments1 record

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Four partnerships are on record, tiered core and minor.

• Eurofiber Netz GmbHcoreTechnology or Integration · 23 April 2025WBG Zentrum signed a contract with Eurofiber Netz GmbH in April 2025 for a large-scale fiber optic rollout across its entire housing portfolio in Berlin-Prenzlauer Berg. The project will equip 4,426 residential units with FTTH (Fiber to the Home) connections within five years. Eurofiber will implement an Open Access model, giving members genuine choice among telecommunications providers without exclusive bindings. Members receive exclusive price benefits when signing 24-month contracts. Eurofiber, based in Berlin, operates across four European countries with a focus on the residential housing sector and Smart Building solutions.
• BBU Verband Berlin-Brandenburgischer Wohnungsunternehmen e.V.coreOthersThe BBU (Verband Berlin-Brandenburgischer Wohnungsunternehmen e.V.) serves as the statutory audit association (Prüfungsverband) for WBG Zentrum as required under §54 of the German Cooperative Act (Genossenschaftsgesetz). Based at Lentzeallee 107, 14195 Berlin, the BBU performs mandatory financial and operational audits of the cooperative. This is a regulatory and oversight relationship rather than a commercial partnership.
• GFAD Datenschutz GmbHminorOthersGFAD Datenschutz GmbH (Huttenstraße 34/35, 10553 Berlin) serves as the appointed Data Protection Officer (Datenschutzbeauftragter) for WBG Zentrum in compliance with GDPR requirements. This is a professional services relationship for regulatory compliance.
• Nachbarschaftsverbund MühlenkiezminorStrategic or Co-development PartnerWBG Zentrum collaborates with the Nachbarschaftsverbund Mühlenkiez (Mühlenkiez Neighborhood Network), a local community organization. The cooperative sponsors and participates in the annual Mühlenkiezfest, a neighborhood festival organized by the network. WBG Zentrum maintains a community information stand at the event to inform attendees about cooperative membership and housing opportunities. This partnership supports the cooperative's community-building mission in the Mühlenkiez neighborhood.

Scale indicators4 records

Recent moves6 records

Expansion highlights4 records

Direct peers

• Berliner Bau- und Wohnungsgenossenschaft von 1892 eG: One of Berlin's oldest housing cooperatives (founded 1892), also a Genossenschaft managing thousands of residential units in central Berlin. Directly comparable structure: member-owned cooperative providing affordable long-term housing with elected representative governance.
• Bauverein Berlin-Brandenburg eG: Regional Wohnungsbaugenossenschaft operating in Berlin-Brandenburg, providing member-owned housing on a non-profit cost-covering basis. Closely comparable legal form, mission, and target demographic.
• Wohnungsgenossenschaft Mehringplatz eG: Berlin housing cooperative offering affordable cooperative-owned apartments in central Berlin neighborhoods. Directly comparable on cooperative structure, member-gated access, and rental revenue model.
• Charlottenburger Baugenossenschaft eG: Berlin-based housing cooperative offering member-owned residential housing in central Berlin districts. Similar Genossenschaft structure, member-base scale, and Prenzlauer Berg-adjacent operations.
• Wohnungsbaugenossenschaft "Bremer Höhe" eG: Berlin-based housing cooperative focused on ecologically sustainable and member-driven residential development. Comparable cooperative structure and Berlin Prenzlauer Berg-adjacent operations, with similar emphasis on environmental initiatives.

Broad incumbents

• GESOBAU AG: Berlin's largest municipal housing company managing ~50,000+ units across Berlin. Comparable on residential property management scale and Berlin footprint but operates as a municipal corporation rather than member cooperative; relevant benchmark for peer unit economics.
• degewo AG: Berlin municipal housing company managing tens of thousands of apartments in central Berlin including Prenzlauer Berg. Relevant comparable for residential property operations, modernization programs, and commercial property development like Ärztehaus.
• HOWOGE Wohnungsbaugesellschaft mbH: Berlin municipal housing company operating ~78,000 units. Comparable on Berlin residential portfolio management and large-scale FTTH/cooperative-style community engagement, though owned by Berlin Senate rather than members.
• Gewobag AG: Berlin's second-largest municipal housing provider, managing ~68,000 apartments with significant Prenzlauer Berg exposure. Relevant scale benchmark and peer for Berlin residential property modernization and FTTH deployment.

Others

• BBU Verband Berlin-Brandenburgischer Wohnungsunternehmen e.V. Industry association and statutory audit association (Prüfungsverband) for Berlin-Brandenburg housing companies, including WBG Zentrum. Provides sector-level benchmarking, regulatory advocacy, and audit services—all Berlin housing Genossenschaften are members.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/wohnungsbaugenossenschaft-zentrum-eg

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

Funding overview

Funding rounds

Investors

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M&A

Investments

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