GWG Wohnungsgesellschaft mit beschränkter Haftung Rhein-Erft

GWG Wohnungsgesellschaft mbH Rhein-Erft is a municipal housing company headquartered in Hürth, founded in 1940 and registered at the Cologne commercial register (HRB 43262). The company's purpose is secure and socially responsible housing provision; it constructs, supervises, manages and administers buildings and may acquire, encumber and sell land as well as grant hereditary building rights. As of 31 Dec 2024 the company's own portfolio comprised 3,225 apartments with 225,153 m² of living and usable area; contract rents increased to TEUR 21,057 and the average net cold rent is EUR 7.79/m² per month. The shareholder structure includes municipal bodies such as Stadtwerke Wesseling, the Zweckverband for Kreissparkasse Köln and several cities; equity at the balance sheet date amounted to TEUR 44,753 (equity ratio 15.3%).