STADT UND LAND Wohnbauten-Gesellschaft mbH has published its 2025 annual report. Under the title "Growth and Community", the state-owned housing company takes stock of a financial year that was characterised by stable economic activity, further growth in existing buildings, investments in new buildings and existing buildings as well as a strong commitment to affordable housing and lively neighbourhoods.
The STADT UND LAND Group achieved a net profit of EUR 24.2 million in the 2025 financial year. Revenue rose to EUR 446.9 million, of which EUR 437.9 million was attributable to management activities. The equity ratio was 27.0 percent and thus remained at a stable level. As of December 31, 2025, the Group managed a total of 82,108 rental units. The company's own housing stock grew to 53,666 apartments.
STADT UND LAND also continued its growth course in new construction: in 2025, a total of 529 apartments were ready for occupancy, including 272 apartments in the Buckower Felder district in Neukölln, 120 apartments in Johanna-Tesch-Straße in Treptow-Köpenick and 137 apartments in Rabensteiner Straße in Hellersdorf. In addition, the company signed four contracts for turnkey development projects with a total of 211 apartments.
"Despite challenging conditions, STADT UND LAND has successfully mastered the year 2025. The stable result shows that the company is economically sound and reliably fulfills its tasks for Berlin," says Natascha Klimek, Managing Director of STADT UND LAND. "Since 2014, the Group has grown significantly. Shaping this growth and at the same time keeping an eye on the quality of management, the modernisation of the portfolio and social responsibility in the neighbourhoods is a great achievement by all those involved."
A special focus in 2025 continued to be on the modernization and maintenance of the portfolio. The projects included the modernisation of the listed Badener Ring/Bayernring estate, measures in the Kosmosviertel, renovations in Neukölln and Hellersdorf and the continuation of the energy-efficient renovation at Mariendorfer Damm/Kruckenbergstraße. Overall, the Group's maintenance expenses amounted to EUR 71.2 million.
With a view to climate protection and sustainability, STADT UND LAND is pursuing the goal of significantly reducing the CO₂ emissions of the building stock by 2035. For the period 2026 to 2035, the climate strategy envisages a 49.6 percent reduction in CO₂ emissions. At the same time, non-financial reporting will be carried out in accordance with the voluntarily applicable VSME standard from the 2025 financial year.
In addition to new construction and maintenance of existing buildings, the neighbourhood work was also further expanded. Three neighbourhood coordinators, four neighbourhood meetings, tenants' council elections in 16 neighbourhoods and numerous local projects underline the claim of STADT UND LAND not only to manage apartments, but also to actively shape neighbourhoods. In the 2025 financial year, the Group rented 63.8 percent of the existing apartments in Berlin that became vacant to households eligible for WBS, exceeding the requirements of the cooperation agreement.
"STADT UND LAND is faced with the task of advancing new construction, renovation of existing buildings, climate path and affordable housing at the same time. This can only be achieved with clear priorities, reliable framework conditions and the commitment of the employees," says Ingo Malter, Managing Director of STADT UND LAND. "The annual report shows that the company remains capable of acting even under difficult market conditions and takes its responsibility for the people of Berlin seriously."
For the 2026 financial year, the Group expects business to remain stable. Investments of EUR 275.4 million, sales revenues of EUR 460.9 million and a net profit for the year of EUR 22.1 million are planned. In 2026, 452 apartments are also to be completed.
The 2025 annual report of STADT UND LAND is available on the company website.
