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    Gesobau

    from Berlin

    The Gesobau AG is a municipal housing construction company in Berlin that is committed to affordable housing and social integration. With around 47,500 apartments and sustainable initiatives, it actively contributes to urban development and social cohesion.

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    GESOBAU AG: Municipal Housing Company in Berlin

    History and Development

    GESOBAU AG, founded in 1900 as "Joint Stock Company for Railways and Underground Construction," has a rich history closely linked to the development of Berlin. Originally involved in the construction of subway connections and trams, the company transformed after World War II into the "Company for Social Housing Non-Profit Joint Stock Company" to meet the growing demand for housing in the devastated city[1][3].

    Key Products and Services

    GESOBAU is one of six municipal housing companies in Berlin and currently manages around 47,500 apartments as well as commercial units in the districts of Reinickendorf, Wedding, Pankow, Weißensee, Hellersdorf, and Wilmersdorf. The company is responsible for the management, rental, and new construction of apartments, aiming to provide affordable housing for broad segments of the population. Services also include the rental of parking spaces and the management of properties owned by others[2][4].

    Main Mission and Values

    The main mission of GESOBAU is to provide affordable and high-quality housing in Berlin, thereby contributing to social cohesion and urban development. The company is closely connected to the Berlin state government and operates under strict guidelines regarding human rights, labor, environmental, and social standards. GESOBAU is committed to integration and social change in residential neighborhoods and promotes neighborly cooperation through projects like "Living Well Together" and the "Neighborhood Floor" in the Märkisches Viertel[1][2].

    Sustainability Goals and Initiatives

    GESOBAU pursues ambitious sustainability goals and initiatives. The company aims to relieve the strained rental housing market in Berlin by continuously expanding its portfolio through new construction and acquisitions. By 2026, GESOBAU plans to increase its portfolio to around 52,000 apartments. Furthermore, the company is driving digital transformation to optimize workflows and enhance customer loyalty. Projects such as the introduction of the "DocuSign" platform for digital contract management and the development of an app for tenants are examples of these efforts[2].

    GESOBAU also places great importance on social and ecological sustainability. The awarding of contracts is conducted under strict guidelines to ensure fair competition, human rights, and environmental standards. Additionally, the company is engaged in promoting senior and youth work through the GESOBAU Foundation, which was established in 1998[1][2].

    Conclusion

    GESOBAU AG is a central element of housing policy in Berlin, advocating for affordable and social housing. With a long history, a clear mission, and comprehensive sustainability initiatives, the company works to meet the housing needs of the population and contribute to the positive development of the city.

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