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The Städtische Gesellschaft für Wohnen mbH (SGW), since its founding in 1916 as Städtische gemeinnützige Heimstätten-Gesellschaft, is the municipal housing company of the city of Bad Oeynhausen.[1][4][6] As the largest local provider, SGW manages around 1,195 to 1,196 rental apartments on a living space of approximately 78,933 m², supplemented by 10 commercial units and 80 garages.[1][2][4] It offers secure, attractive and affordable housing for singles, couples, families - regardless of age and life situation.[4]
The main mission of SGW is: To provide the people of Bad Oeynhausen with good and affordable housing - a mission that has remained unchanged for over 100 years.[1][4] As a owned by the city, it works in partnership with the municipality to ensure high and a through comprehensive services.[1][2] Values such as , sustainability in the portfolio and characterize the actions: The focus is on consistent modernization, maintenance and needs-based new buildings.[1][2]
With a small, efficient team of 11 employees and 3 trainees, SGW relies on lean structures.[1] The management is the responsibility of Prof. Dr. Alcay Kamis, supported by the supervisory board with chairman Kurt Nagel.[1][6]
SGW shows a solid economic base. In the 2023 financial year, it generated sales revenues of €7,115.8 thousand, total assets of €47,090.6 thousand and a net profit of €197 thousand.[2] The equity ratio rose to 14.5 %, which underlines stability.[2] Investments in maintenance (€1,024 thousand, €12.97/m²) and modernization (€743 thousand, €9.41/m²) secure the portfolio.[2] 2022 was also successful with a surplus of €955.5 thousand and an increased equity ratio to 13.8 %.[3] Despite economic challenges such as rising costs, the turnover rate remains low (8.9 %).[2]
SGW consistently modernizes its portfolio to ensure high standards.[1] In the future, it plans new construction projects with due diligence and expands services for tenants.[1] Optimized internal processes and the handling of uneconomical areas such as external management strengthen the core competence in its own housing management.[3] As a municipal partner, it actively contributes to securing housing and positions itself as a modern housing and quality of life company.[1][2]
Sustainability is at the center: Through targeted maintenance and modernization, SGW minimizes resource consumption and maintains affordable housing in the long term.[1][2] The stable financial situation enables continuous investments without burdening the city.[2] SGW lives its non-profit tradition by offering affordable rents (average €5.50/m² cold rent) and high quality - a contribution to social urban development.[1][2][4]
SGW combines tradition with the future: Since 1916, it has been shaping housing in Bad Oeynhausen responsibly and with a focus on the future.[1]
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