Tenement House Syndicate

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Tenement House Syndicate

logo
legal form GmbH
founding 1999
Seat Freiburg
Branch property
Website syndikat.org

The Mietshäuser Syndikat (MHS) is a cooperative and non-commercially organized investment company, unique in Germany, for the joint acquisition of houses that are self-organized and transferred to common ownership in order to create affordable apartments and space for initiatives in the long term. In 2020 it was involved in 154 house projects in Germany.

concept

The syndicate participates in projects so that they are withdrawn from the real estate market , that is, so that they cannot be resold. At the same time, the syndicate promotes the solidarity transfer between more efficient and financially weaker projects. This begins at the point that the equity cover of young, heterogeneous groups is usually very thin, but debts can be paid permanently and reliably and slowly increasing solidarity contributions can be paid through rents. Participation in this solidarity process is a condition for admission to the syndicate network.

The Mietshäuser Syndikat supports and advises the projects on financing and legal issues, but does not provide any additional capital itself. The Syndicate sees itself as a grassroots democracy working network with nodes in Germany. An important instrument is a jointly managed “solidarity fund”, which amounted to 220,000 euros in 2015. The houses in question, often residential projects , do not become the property of the syndicate, but their own limited liability company , in which the respective house association and the rental house syndicate are represented. The title of ownership of the property lies with the GmbH. The voting rights are set out in the GmbH contract and are not, as usual, linked to the amount of the shares. The users manage their property independently through the association. House association and tenement syndicate have parity of votes in the GmbH , so that sale or conversion are only possible by mutual agreement and can thus be prevented. Decisions such as the allocation of apartments, design, financing and rent are the sole responsibility of the house association, i.e. the people who live there, within the framework of economic efficiency. The Mietshäuser Syndikat GmbH is in turn owned by the entirety of the house associations. The highest organ is the general assembly, which takes place four times a year.

The syndicate has its origins in the cooperative and politically left spectrum and tries to achieve goals of the squatter scene , sociological and urban development findings since the 1960s, as well as approaches to the socially responsible and ecological handling of money, land, independently of big banks and the state anchor.

On the Freiburg “Grethergelände”, a complex with 100 residents, information centers such as the Strandcafé and Radio Dreyeckland on the site of the former company Grether & Cie. is the central coordination.

development

The syndicate was founded in 1992 in Freiburg im Breisgau by former squatters . By 2020 it was able to take part in 154 housing projects with over 3,600 residents and support 21 initiatives. The smallest property is a single-family house for six people, the largest is the SUSI residential project , four buildings of the former Schlageter barracks in Freiburg with 260 residents of all ages. In 2007 the "Regional Coordination Tübingen " was founded. Further regional coordination and advice exist for the regions of Bavaria , Berlin-Brandenburg , Bremen , Dresden , Hamburg , Gießen , Leipzig , Marburg and North Rhine-Westphalia .

publication

Synapse title page No. 7 2011

In 2011, after a five-year break, a printed edition of Synapse was published - the newspaper of the Mietshäuser Syndikats , the first edition of which appeared in 2001 to replace the copied member information .

Risks for direct lenders

There are risks for any investors : To finance socially acceptable residential real estate projects, capital is usually necessary, which the respective house associations usually do not have sufficient. Banks require this capital as additional security in order to grant loans on their part. The house associations raise the necessary funds as direct loans from private individuals who make their capital available as subordinated loans . In the event of the insolvency of the house association, these deliberately very low-interest loans are therefore serviced subordinately, so the entire money is at risk during the term. The Mietshäuser Syndikat informs about these risks on its homepage, refers to a bankruptcy from 2010 and advises to distribute a larger loan over several projects in order to minimize the risk. In an assessment, Stiftung Warentest recommends that investors only invest manageable sums: “The investment is not suitable as a pure financial investment. In relation to the risk, the prospects for returns are low. "

Video

See also

Web links

Individual evidence

  1. ↑ Projects | Tenement House Syndicate. Retrieved on February 21, 2020 (German).
  2. ↑ syndikat.org as of April 30, 2017
  3. ↑ website of strandcafe.blogsport.eu , a self-administered place of communication (self-presentation)
  4. ↑ Projects | Tenement House Syndicate. Retrieved on February 21, 2020 (German).
  5. ↑ Initiatives | Tenement House Syndicate. Retrieved on February 21, 2020 (German).
  6. ↑ Patrick Kunkel: The tenement house syndicate - a Freiburg success story NZZ International November 19, 2007, as of February 23, 2016
  7. ↑ Regional advice and regional coordination
  8. ↑ Direct Lending | Tenement House Syndicate. Accessed June 12, 2018 (German).
  9. ↑ A project fails | Tenement House Syndicate. Accessed June 12, 2018 (German).
  10. ^ Stiftung Warentest: Mietshäuser Syndikat - investor money for self-managed rental houses - social and risky - Special - Stiftung Warentest. Retrieved June 12, 2018 .

Coordinates: 47 ° 59 ′ 35.8 "  N , 7 ° 50 ′ 26.9"  E