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Wohnungsgenossenschaft Hannoverland

A Hanover-based housing cooperative founded in 1949 that provides fair-rent apartments to its members in and around Hannover.

Last updated September 27, 2026

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Overview

Wohnungsgenossenschaft Hannoverland eG is a German housing cooperative (eingetragene Genossenschaft) headquartered at Ubbenstraße 28 in Hanover. Founded in 1949, the cooperative has served its members for more than 70 years, originally focusing on procuring housing and today concentrating on offering good apartments at affordable rents. Its members are also entitled to share in the cooperative's earnings through dividend distributions. The cooperative owns and manages residential property in Hanover and the surrounding region, with its housing stock spread across Hanover, Bad Nenndorf, Barsinghausen, Seelze and Sehnde. Membership is tied to the use of a cooperative apartment: depending on the size of the dwelling, members must hold three or more cooperative shares, each priced at 160.00 euros, plus a one-time admission fee of 15.00 euros. All payments must be made before the long-term usage agreement begins, and no rental deposits or further costs are charged. Shares carry dividend rights. Governance follows the standard German cooperative model. The cooperative is led by a board (Vorstand) currently comprising Astrid Jacke and Lutz Fengler. An ordinary general assembly of members is held annually in June for the past financial year. The cooperative publishes annual business reports, with recent editions available for download on its website. Its office hours run Monday to Friday, with individual appointments available outside those times. As a cooperative, Wohnungsgenossenschaft Hannoverland is not listed on a stock exchange and is owned by its members. It operates as a private, member-owned entity rather than a conventional for-profit real estate company, and its stated purpose combines affordable housing provision with member participation in returns.

History

Wohnungsgenossenschaft Hannoverland was founded in Hanover in 1949, in the post-war period when housing was scarce and cooperatives were a key instrument for rebuilding and providing homes. For more than 70 years the cooperative has stood for good living at fair rents. In its early decades the main task was procuring housing; over time the focus shifted to offering members good apartments at affordable rents while also allowing them to participate appropriately in earnings through dividend distributions. The cooperative is registered as an eingetragene Genossenschaft (eG) and is headquartered at Ubbenstraße 28 in Hanover. Its housing stock is located in Hanover and the surrounding region, specifically in Hanover, Bad Nenndorf, Barsinghausen, Seelze and Sehnde. Membership is a prerequisite for renting a cooperative apartment; depending on apartment size, members must hold three or more cooperative shares at 160.00 euros each, plus a one-time admission fee of 15.00 euros. No rental deposits or additional costs are charged, and shares carry dividend rights. Governance follows the German cooperative tradition. The board (Vorstand) currently consists of Astrid Jacke and Lutz Fengler. The ordinary members' general assembly is held annually in June for the past financial year. The cooperative publishes annual business reports, with recent editions (2021–2025) available for download. Its office is open Monday to Friday, with individual appointments possible outside regular hours. As a member-owned cooperative, it is not listed on a stock exchange and operates as a private entity.

  • 2025

    Business report 2025 available for download.

  • 2024

    Business report 2024 available for download.

  • 2023

    Business report 2023 available for download.

  • 2022

    Business report 2022 available for download.

  • 2021

    Business report 2021 available for download.

  • 2019

    Current version of the cooperative's statutes (Satzung) dated 2019.

  • 1949

    Housing cooperative founded in Hanover.

Products and positioning

Good living at fair rents for members, with dividend participation.

  • Cooperative apartments

    Rental apartments for members in Hanover, Bad Nenndorf, Barsinghausen, Seelze and Sehnde.

Sources5 sources

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