Werder eG is a member-owned housing cooperative based in Braunschweig, Germany, where it has operated since 1950. It is not profit-oriented: members, rather than shareholders, determine its future and investment decisions, with each member having an equal say. The organisation’s history records its registration on 10 May 1950 under the name Baugenossenschaft der Ostvertriebenen für den Verwaltungsbezirk Braunschweig eGmbH; it adopted the name Baugenossenschaft am Werder eG in 1990 and Werder eG in 2010. 16
The cooperative provides rental homes in multiple districts of Braunschweig and parts of the surrounding area. Its portfolio includes homes of different sizes, and the organisation says it considers access to local infrastructure when providing housing. Members can move to another home within the cooperative as their needs change. 1 The company’s website describes a portfolio of around 600 homes. 56
Werder eG’s activities include managing and maintaining its housing and shared outdoor areas, responding to residents’ service requests, and providing a 24-hour emergency service. The cooperative lists personal points of contact and says its rental agreements are unlimited; it also advertises no brokerage fee or deposit. 1 Its main office is at Werder 7, 38100 Braunschweig. 3 The available sources do not identify the cooperative’s current leadership by name.