GEWOBA Nord building cooperative

GEWOBA Nord Baugenossenschaft eG
legal form	registered cooperative
founding	1949
Seat	Schleswig
Number of employees	102
Branch	Housing industry
Website	www.gewoba-nord.de

The GEWOBA Nord eG cooperative is a housing cooperative, headquartered in Schleswig ( Schleswig-Holstein ) and was established in 1949. It has around 14,900 members (as of 2019) and almost 6,400 residential units. The distribution area includes northern Schleswig-Holstein as well as the metropolitan areas of Kiel and Hamburg .

history

The founding of GEWOBA Nord in 1949 was due to the strong influx of refugees who also reached Schleswig-Holstein after the end of the war. A community of z. Some of the volunteers used the members' contributions to finance the construction of new, affordable apartments. Membership was acquired for 300 marks (that's how much a business share cost back then). Just one year after it was founded, the cooperative looked after 400 residential units.

In the course of several mergers with other housing cooperatives in the 1960s and 1970s, GEWOBA Nord continuously expanded its property portfolio. With the expansion, regional offices were also created in order to be able to better serve the members and tenants on site. At the same time, various subsidiaries and grandchildren operated with specialized service offerings such as in the areas of energy management and maintenance.

In 2014 the subsidiaries and grandchildren merged under the umbrella of BUD Bau- unddienstleistungen GmbH. In addition, PROWO West exists as a subsidiary of BUD.

structure

GEWOBA Nord is divided into three organs: the board of directors, the supervisory board and the meeting of representatives. The board consists of the full-time board members Dietmar Jonscher and Steffan Liebscher. The supervisory board, as the controlling body of the management board, consists of 8 members, the chairman is Kay Abeling. The Supervisory Board is elected by the Representative Assembly, which currently has 105 representatives (as of 2019).

In addition to its headquarters in Schleswig, the company has other customer centers in Flensburg, Husum, Niebüll, Westerland / Sylt and Wyk auf Föhr.

The GEWOBA Nord board: Dietmar Jonscher (left) and Steffan Liebscher

tasks

According to the statutes, the purpose and central concern of GEWOBA Nord is to be able to offer members suitable and affordable living space in every situation. To this end, the cooperative invests in the maintenance and modernization of its own portfolio and realizes new construction projects that are geared towards the needs of its members.

Business areas

Creation of living space

The core competencies of GEWOBA Nord are the construction, supervision and management of living space. GEWOBA Nord draws the necessary capital for this from the regular rental income. Due to its cooperative orientation, GEWOBA Nord does not operate profit-maximized, but invests a large part of the profits in maintenance, modernization and expansion of its portfolio.

Savings facility

In 2011, GEWOBA Nord expanded its range of services to include a savings facility. This is a savings principle developed in the 19th century that is traditionally used by housing cooperatives and i. d. As a rule, an above-average return on savings deposits is guaranteed. At GEWOBA Nord, members can choose between four savings products. The special feature: All savings deposits are secured by the real estate values of the cooperative and the GdW security fund.

The headquarters of GEWOBA Nord in Schleswig

All about the property

BUD BAU UND DIENSTLEISTUNG GmbH is a 100% subsidiary of GEWOBA Nord and a partner in the areas of real estate sales and valuation, property management and condominium, energy management and tradespeople service.

environment

GEWOBA Nord has been investing in progressive, energy-saving and therefore environmentally friendly construction projects for many years. Examples of this are the so-called sun houses in Flensburg-Harrislee and Schleswig. An energy coverage of almost 100 percent can be achieved there using solar collectors and a special water tank.