Thomas Ferley

Genossenschaftliches Wohnen in Gelsenkirchen & Wattnscheid eG, founded in 1926, is a cooperative housing company based in Gelsenkirchen, Germany. The German company offers affordable apartments with lifelong residential rights for every age, protection against selling, and modern service around living. The private company provides a wide range of housing options to fit the life situation of their members. The cooperative living model allows members to live like an owner but remain flexible like a tenant, with a lifelong right of residence in their cooperative apartment. The company does not engage in termination or real estate speculation, and profits are invested in the inventory. The company also offers services such as emergency services, social counseling, and rental certificates.