Genossenschaft Hammerschmiede

The cooperative aims to provide, through mutual self-help, the procurement and creation of affordable housing and commercial spaces for rent and sale, all with the goal of avoiding speculation with real estate. The cooperative maintains its buildings in good condition and adapts its properties to modern requirements within a financially sustainable framework. The cooperative can acquire, sell, renovate, and manage properties, as well as participate in similar enterprises. Members of the cooperative are given the opportunity to acquire real estate or apartments at the production costs, taking into account all expenses and expenditures.