Siedlungswerk Nuernberg GmbH is a state-owned housing company focusing on the management and development of rental housing in the Nuremberg metropolitan area. The company manages a portfolio of 8,326 owned apartments and 428 leased units, prioritizing affordable housing for broad population segments. Strategically, the company invests in energy-efficient modernization of its existing stock and the construction of barrier-free family and senior housing. Since March 2025, the company has been part of the state-owned holding Baunova Bayern GmbH, while continuing to operate independently.
Der Bau, die Verwaltung und die technische und finanzielle Betreuung von Wohnraum für breite Bevölkerungsschichten zu wirtschaftlich vertretbaren Bedingungen. Die Gesellschaft darf auch sonstige Geschäfte betreiben, sofern diese dem Gesellschaftszweck dienlich sind. Der Tätigkeitsschwerpunkt des Unternehmens erstreckt sich auf das Gebiet Nürnberg und Umgebung.
Converted using the official Destatis and Eurostat correspondence tables; ISIC Rev. 4 is the United Nations' international industry classification.
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Source: German Commercial Register (Handelsregister) Nürnberg Local Court, HRB 2091 (as of 31 October 2026)
| Name | Type | City |
|---|---|---|
| Philipp Stiel | Geschäftsführer(in) | München |
Source: German Commercial Register (Handelsregister) Nürnberg Local Court, HRB 2091 (as of 31 October 2026)
| Date | Event Type | Event |
|---|---|---|
| 27.03.2025 | Gesellschaftsvertrag amended | Gesellschaftsvertrag |
| 20.01.2020 | Gesellschaftsvertrag amended | Gesellschaftsvertrag |
| 02.08.2018 | Gesellschaftsvertrag amended | Gesellschaftsvertrag |
| Date | Type | Change | Total Capital |
|---|---|---|---|
| 31.08.2006 | Capital Decrease | -2.900.000 € | 3.100.000 € |
| 16.05.2002 | Share Capital Set | — | 6.000.000 DM |
Source: German Commercial Register (Handelsregister) Nürnberg Local Court, HRB 2091 (as of 31 October 2026)
| Year | Revenue | Profit | Balance | Employees |
|---|---|---|---|---|
| 2024 | €54,098,026 | €815,366 | €418,973,632 | 111 |
| 2023 | €50,870,082 | €3,944,572 | €400,869,440 | 83 |
| 2022 | €50,030,176 | €1,486,090 | €343,286,018 | 78 |
| 2021 | €48,740,464 | €5,151,675 | €312,443,540 | 68 |
| 2020 | €47,702,525 | €6,149,720 | €305,172,397 | 64 |
| 2019 | €45,998,309 | €9,781,054 | €292,890,213 | 63 |
| 2018 | €44,477,174 | €7,162,855 | €272,583,966 | 64 |
| 2017 | €42,793,840 | €7,204,201 | €250,668,532 | 61 |
| 2016 | €41,409,164 | €8,526,191 | €231,070,137 | 62 |
| 2015 | €40,158,663 | €5,082,832 | €220,817,655 | 60 |
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Source: German Commercial Register (Handelsregister) Nürnberg Local Court, HRB 2091 (as of 31 October 2026)
WFB Wirtschaftsförderung Bremen GmbH
Bremen · Managementtätigkeiten von sonstigen Holdinggesellschaften
Keune & Lauber Vermögensverwaltungs-GmbH
Bad Berleburg · Beteiligungsgesellschaften
MAGNAPLAST GmbH
Emstek · Vermietung, Verpachtung von eigenen oder geleasten Gewerbegrundstücken und Nichtwohngebäuden
| Cost type | Amount | Share |
|---|---|---|
| Personnel Costs | €6,845,533 | 29.7% |
| Depreciation | €13,310,589 | 57.7% |
| Interest & Similar | €2,895,718 | 12.6% |