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The Wankendorfer Baugenossenschaft für Schleswig-Holstein eG is one of the largest housing companies in the northernmost federal state and can look back on a corporate history of over 70 years[8]. As a regional and decentrally organized housing cooperative, it has dedicated itself to the goal of creating contemporary and affordable housing for the people in Schleswig-Holstein[1][2].
The company currently manages 17,438 apartments and commercial properties, of which it manages over [5]. With around and , the Wankendorfer has developed into a substantial force in the North German housing market[1][4]. The business area extends from the state capital Kiel in the north to the Hamburg peripheral areas in the south and from the Steinburg district in the west to Ostholstein[4].
The Wankendorfer offers a comprehensive range of services relating to housing[1]:
The company is available to its customers personally, by telephone and by e-mail at eight locations in eight cities in Schleswig-Holstein[6][7].
The Wankendorfer's actions focus on its members and customers[2]. The company pursues the following core objectives:
The 2024 financial year was successful: With a turnover of almost 65 million euros and an annual surplus of 3.4 million euros, the Wankendorfer demonstrated economic stability in a challenging market environment[5]. The ordinary result was increased by 23.14 percent in 2024, despite significantly higher expenditure on maintenance and investments[3].
In 2024, the company invested over 33 million euros in new construction and modernization[5]. Since the early 1990s, the Wankendorfer has invested around 200 million euros in the modernization of its residential complexes in order to guarantee high-quality, comfortable and affordable living conditions[1].
The Wankendorfer anchors sustainability in its business activities[2]:
With a revised rent code, the Wankendorfer has defined clear standards for fair rent adjustments, socially responsible modernizations and affordable new rentals[3]. The company is also exploring modular and serial construction methods to reduce costs when creating high-quality housing[3].
The Wankendorfer thus combines modern apartments, affordable rents, a social and solidarity-based community and excellent service to create a holistic offering for the people in Schleswig-Holstein[7].
