[johannes1234321]

actually in Germany 60% of the appartments are owned by private individuals 10% state/local governments, 10% coops (Genossenschaft), and the reminder corporations. (While statistics differ a bit depending on where you draw the line between some private owner and a corporation for auch a statistic) https://www.savills.de/insight-and-opinion/savills-news/2756... is one survey with some numbers

[buran77]

The laws I mentioned are relatively new [0]. So for now it's hard to compete in numbers with a century of already built apartments. And eventually all "for rent" units do go on the market for sale.

But it's also easy to see why for someone looking for rent in many big cities today it looks like most apartments are owned by big management companies. New developments in "hot" cities with high demand and such laws are owned by a management company because that's the only way it works. You'd see entire buildings owned by the developer. It will take decades for those new apartments to go into private ownership.

[0] https://www.thelocal.de/20210708/explained-munichs-radical-n...