Intro
Letter from the Management Board
Letter from the Management Board
„Our goal is to establish a virtually climate-neutral building stock by 2045.“
Rolf Buch, CEOKey Figures
Key Figures
Key Figures
Total Segment Revenue
€ 5,179.9 million
+18.5%Adjusted EBITDA Total
€ 2,269.3 million
+18.8%Group FFO
€ 1,672.0 million
+24.0%EPRA NTA per Share*
€ 66.73
+13.5%Total Housing Portfolio
565,334 units
Investments
€ 2,185.6 million
- * Based on the shares carrying dividend rights on the reporting date, prior-year values TERP-adjusted (1.067).
Share
Share
Share
Share Price Development in %
Vonovia
DAX
FTSE EPRA Europe
Date;Vonovia;DAX;FTSE EPRA Europe
2020-12-30;100.000000000000;100.000000000000;100.000000000000
2021-01-04;99.407917185429;100.058022652160;99.117193898089
2021-01-05;99.822372155558;99.507536384431;99.555820829227
2021-01-06;96.269862636257;101.262430041155;98.578626653526
2021-01-07;95.736982260900;101.818383267317;97.842492215297
2021-01-08;96.832341073251;102.410928668584;98.235775856086
2021-01-11;96.654716386779;101.588187870933;97.216014509853
2021-01-12;94.730439739247;101.503632247182;96.821342809156
2021-01-13;96.092234791815;101.610420168557;97.796223551675
2021-01-14;95.559354416459;101.967521893346;99.166238681528
2021-01-15;94.375184050363;100.502595711864;98.081701206224
2021-01-18;94.434391226531;100.944471738741;98.377357966770
2021-01-19;94.138352187722;100.701811677132;97.947522081720
2021-01-20;94.138352187722;101.476734811696;98.423626630392
2021-01-21;93.220621219813;101.369582426426;96.785715938167
2021-01-22;93.042994954356;101.131223038783;96.691790551014
2021-01-25;94.227165320451;99.454543334028;96.197178536892
2021-01-26;94.079140274601;101.109500990613;97.352969754175
2021-01-27;93.279829974965;99.283318195933;98.022940003424
2021-01-28;93.368638370741;99.614761662480;97.691193685253
2021-01-29;93.161410885676;97.915922552880;97.204910030584
2021-02-01;95.204109780466;99.294689469472;98.061805680867
2021-02-02;95.588958794035;100.848326163114;98.838656543083
2021-02-03;94.789651652368;101.566101358867;98.276492280074
2021-02-04;94.375184050363;102.489361298891;98.072447473500
2021-02-05;93.516663416591;102.463338576754;97.926701183090
2021-02-08;92.687739265472;102.486591373285;97.197044357768
2021-02-09;92.776557135154;102.135904213057;97.473268279592
2021-02-10;92.598927711728;101.561290435447;97.335387661998
2021-02-11;93.398244327301;102.348095093004;97.083223445257
2021-02-12;93.250225597389;102.413552808632;96.810238329886
2021-02-15;93.042994954356;102.847920879262;97.611611583823
2021-02-16;92.273281137374;102.520778086681;97.032327915273
2021-02-17;91.740407077955;101.388534548991;97.046208514360
2021-02-18;91.444360144224;101.225692080491;96.100477029922
2021-02-19;91.207528281583;102.000542322276;95.829342661096
2021-02-22;90.881875391292;101.685718409363;96.279999444776
2021-02-23;90.704250704819;101.064453253132;97.414969763428
2021-02-24;89.786524473863;101.874948063895;97.403402597523
2021-02-25;90.141769109856;101.170293568379;97.379805579076
2021-02-26;89.608893471452;100.492099151674;96.016268062130
2021-03-01;90.793068574501;102.143339276525;97.807328030945
2021-03-02;91.473964521801;102.340003994524;97.535730975482
2021-03-03;90.911481347853;102.633251644826;97.165118979869
2021-03-04;91.621983251713;102.460568651148;97.983148952709
2021-03-05;89.875331290654;101.471778102718;96.286477057683
2021-03-08;91.562779233514;104.826449582251;97.741626528601
2021-03-09;90.645043528651;105.242157101433;97.755507127688
2021-03-10;91.947637720989;105.987923124359;98.321372883787
2021-03-11;92.628532089304;106.200332682644;99.148656589352
2021-03-12;92.095651713948;105.711951062704;98.825701317269
2021-03-15;91.977238940596;105.413309346749;98.796552059187
2021-03-16;93.398244327301;106.114246310532;100.703746373693
2021-03-17;92.835759574369;106.398746827342;99.509552165605
2021-03-18;92.598927711728;107.702871538140;98.678566966950
2021-03-19;93.990331878826;106.576532315556;99.277746160858
2021-03-22;93.783105972745;106.840477068661;98.283432579617
2021-03-23;95.825796972613;106.875538495406;99.244895409686
2021-03-24;94.434391226531;106.499193076935;99.543328290049
2021-03-25;93.546264636198;106.579156455603;98.240865409084
2021-03-26;94.138352187722;107.509122531304;99.082029713736
2021-03-29;93.842308411960;108.010479065923;98.720208764210
2021-03-30;93.871914368521;109.401929326077;99.499835746244
2021-03-31;93.990331878826;109.399961221042;99.054731202199
2021-04-01;95.411337265531;110.120360556843;100.492761267576
2021-04-06;96.003426396039;110.889452269079;101.109985240296
2021-04-07;96.565903254050;110.624705695404;101.961791337581
2021-04-08;97.483638958913;110.816559489984;102.580866056846
2021-04-09;97.009972075662;111.046025958576;102.058492844551
2021-04-12;96.802736695675;110.906363393829;101.681403236030
2021-04-13;97.276405157910;111.047483814158;102.600761582203
2021-04-14;97.098777313469;110.863721118059;103.119433301408
2021-04-15;97.690866443977;111.200339971922;103.632552780978
2021-04-16;98.401368347838;112.690414162192;104.435314094823
2021-04-19;98.261380332329;112.024465732376;104.674060399113
2021-04-20;98.764657909093;110.283203025342;104.803149970619
2021-04-21;97.373252163011;110.767648435211;103.453493052760
2021-04-22;98.498221668876;111.675527998845;104.682851445202
2021-04-23;97.225235012083;111.377396532345;103.532612467554
2021-04-26;97.432460918164;111.499273258992;104.303911090136
2021-04-27;97.195629055523;111.156166947790;104.364985726117
2021-04-28;96.396315597918;111.468949862889;104.047120007033
2021-04-29;95.448972357511;110.463175296929;103.775985638207
2021-04-30;94.916099877076;110.329854403963;103.313299001985
2021-05-03;95.804228046394;111.062864190548;104.205821523257
2021-05-04;91.896458101256;108.293011477697;103.596925909989
2021-05-05;92.014877190545;110.584031524669;103.354478112609
2021-05-06;90.712287735160;110.773261179201;103.332731840706
2021-05-07;90.741890533752;112.252328559828;104.036478214400
2021-05-10;89.883368320995;112.257868411039;105.397702298165
2021-05-11;88.847223000749;110.212059672945;103.126836287588
2021-05-12;89.143266776511;110.434163970849;103.191612416659
2021-05-13;89.024842950269;110.794691656255;102.601224268839
2021-05-14;89.557724904610;112.376173391511;103.659851292515
2021-05-17;89.764952389674;112.230242047762;103.509478135743
2021-05-18;90.031388629892;112.157057697550;104.718478316191
2021-05-19;89.705742055538;110.166939042685;103.750537873215
2021-05-20;90.682681778600;112.038096682066;104.510732016527
2021-05-21;91.156350240835;112.528300621484;104.317791689223
2021-05-25;86.434468596765;112.729338906229;104.959075367026
2021-05-26;87.529832146069;112.624591982669;105.751194888238
2021-05-27;89.883368320995;112.303936647428;106.828792063999
2021-05-28;90.268226808470;113.129447370685;107.401135433005
2021-05-31;89.735346433114;112.408902249325;107.105015985823
2021-06-01;91.185956197395;113.474813358039;107.991523580824
2021-06-02;92.192506613971;113.732489332142;108.733672945324
2021-06-03;91.452392437612;113.950876098312;108.136344497962
2021-06-04;92.399732520051;114.389909306804;109.024240152872
2021-06-07;92.547755986917;114.275103179729;109.757598471283
2021-06-08;93.495089753418;114.008680072135;110.963822531914
2021-06-09;93.643113220283;113.575259607633;111.494986790297
2021-06-10;93.909551039485;113.502949970770;111.189613610390
2021-06-11;93.406276620689;114.392606339631;110.881926997303
2021-06-14;93.435877840297;114.249517814266;111.634255467799
2021-06-15;93.258257890777;114.656842663852;110.871285204669
2021-06-16;93.613508842707;114.518710847466;110.464583651430
2021-06-17;93.169443179064;114.643357499719;109.616479047236
2021-06-18;93.406276620689;112.605056717871;108.951598350985
2021-06-21;93.820739485741;113.736352649434;109.063105830314
2021-06-22;95.034520545350;113.977554855461;110.070837324006
2021-06-23;95.241746451430;112.665922188416;109.587792475790
2021-06-24;95.863433643577;113.634229865921;109.616941733872
2021-06-25;95.863433643577;113.770830933946;109.595658148606
2021-06-28;95.360159224782;113.378740675191;108.279314668554
2021-06-29;94.738472032634;114.373071074833;107.757404142896
2021-06-30;94.738472032634;113.210066784364;107.290553326948
2021-07-01;94.738472032634;113.740507537842;107.918881778938
2021-07-02;96.189080217931;114.077855319496;109.418911853569
2021-07-05;96.810767410079;114.164451941062;110.299404522299
2021-07-06;98.142964401008;113.066759580662;111.142419573495
2021-07-07;98.439011334739;114.388524344001;111.700882343415
2021-07-08;97.846922204231;112.405330503150;110.874986697759
2021-07-09;99.327136346088;114.353681595594;113.111613897256
2021-07-12;100.659331758033;115.101415723556;115.057673889205
2021-07-13;100.540912668744;115.095074051774;113.997658805621
2021-07-14;99.889619520036;115.090263128354;112.667897413119
2021-07-15;99.623175384897;113.928935371804;111.784165937935
2021-07-16;100.659331758033;113.277638390586;112.800225791078
2021-07-19;99.741602369108;110.310100460828;110.359091098372
2021-07-20;99.386343522256;110.915620776775;111.104941955961
2021-07-21;100.452104272968;112.418888560061;113.057942247454
2021-07-22;101.725087771793;113.089793698857;113.362852740724
2021-07-23;99.327136346088;114.217809455360;113.456315441241
2021-07-26;97.225235012083;113.851085883730;113.365166173905
2021-07-27;97.018009106003;113.123251484461;113.480837832961
2021-07-28;97.254840968644;113.496681191768;114.303957358800
2021-07-29;97.106815922794;114.007732466006;113.910673718011
2021-07-30;97.195629055523;113.307378644457;114.049942395514
2021-08-02;99.060698526887;113.484799668775;115.578659041591
2021-08-03;99.238329529297;113.385301025310;115.204808239524
2021-08-04;100.126452961661;114.384296562814;116.453136784050
2021-08-05;100.570518625305;114.767275224182;117.714883241027
2021-08-06;101.044187087540;114.889589307504;117.613092181059
2021-08-09;100.481708650545;114.772669289835;116.852435351110
2021-08-10;99.741602369108;114.957088020946;116.791360715128
2021-08-11;100.540912668744;115.360768231577;117.639928005959
2021-08-12;100.836956444506;116.172939576260;117.771331010646
2021-08-13;101.488252751183;116.464000443188;118.895196850029
2021-08-16;102.050731188178;116.087071882485;119.180674504578
2021-08-17;102.080335565754;116.059518411987;118.025808660568
2021-08-18;102.790839048599;116.380392425566;118.788316237062
2021-08-19;102.909256558904;114.921370559190;117.525644406813
2021-08-20;103.471734995899;115.229196765310;118.021181794206
2021-08-23;101.369832082909;115.555391951762;117.115241360484
2021-08-24;100.333686762664;115.942161037643;116.507733807124
2021-08-25;99.593572586305;115.612758568911;115.988599401283
2021-08-26;99.238329529297;115.124085377854;115.680912788196
2021-08-27;100.333686762664;115.547811102737;117.545539932170
2021-08-30;100.067242627525;115.807017825200;117.553868291622
2021-08-31;98.646238819804;115.426371732763;116.943584618445
2021-09-01;97.343647785435;115.347647531340;117.167987637013
2021-09-02;95.833829266001;115.466462761266;116.525315899301
2021-09-03;94.945702675668;115.033552546218;115.750315783629
2021-09-06;94.324017062505;116.133650368327;115.167793308626
2021-09-07;93.495089753418;115.484685956040;114.574166354353
2021-09-08;92.014877190545;113.787669165917;112.056225680034
2021-09-09;92.932611316423;113.881482172613;113.196285551684
2021-09-10;91.896458101256;113.784243205300;111.930374914981
2021-09-13;92.222112570531;114.452013954594;112.809016837167
2021-09-14;92.962214115015;114.609243679103;112.787733251900
2021-09-15;92.133289963897;113.829363835560;111.435762900860
2021-09-16;92.784587849558;114.089955520826;112.184389878267
2021-09-17;92.370126563491;112.912153996201;111.408001702687
2021-09-20;91.422788060036;110.301790684011;109.493404402001
2021-09-21;93.169443179064;111.879700673092;111.085971803876
2021-09-22;94.116778524550;113.032937331162;111.264568845458
2021-09-23;94.294412684929;114.033244938690;112.366225726302
2021-09-24;93.702323554420;113.215242171680;110.813449375142
2021-09-27;95.152931739717;113.522339450009;111.548195753462
2021-09-28;92.843798183694;111.150991560474;107.952195216746
2021-09-29;92.606966321053;112.001723185298;107.495986193431
2021-09-30;90.860317517963;111.239410501517;106.908374165429
2021-10-01;92.162894341473;110.479503279446;108.358896769985
2021-10-04;91.185956197395;109.605591750870;107.437687677267
2021-10-05;90.919518378194;110.756860303905;107.458971262533
2021-10-06;90.327435563622;109.144763601428;106.231463616636
2021-10-07;91.215557417003;111.167756899666;107.832359377964
2021-10-08;90.090597385044;110.841707498772;107.439075737175
2021-10-11;90.771494911328;110.790755446184;107.925359391845
2021-10-12;90.860317517963;110.409744889852;108.969643129797
2021-10-13;91.245163373563;111.156968768360;109.816822360720
2021-10-14;92.458944433172;112.712063317584;111.147971813130
2021-10-15;93.021426028136;113.620598916230;112.510121270167
2021-10-18;93.731927931996;112.797712333021;112.255180933609
2021-10-19;94.501640169994;113.099196867360;113.256434814393
2021-10-20;94.146382902126;113.150877847739;112.462927233273
2021-10-21;93.554301666539;112.783789812214;112.993166118383
2021-10-22;94.057574506350;113.297100762604;113.861628934571
2021-10-25;93.287863847338;113.707122645017;113.305479597833
2021-10-26;93.110234423912;114.857589377481;113.890778192653
2021-10-27;93.672719176844;114.484013884617;114.802733552647
2021-10-28;94.057574506350;114.414911530034;114.827255944367
2021-10-29;91.689230616191;114.359804589038;112.767837726543
2021-11-01;92.103688744289;115.216440528968;112.333837661767
2021-11-02;92.014877190545;116.296419944047;112.368539159483
2021-11-03;92.814192227134;116.336729650887;113.013524330377
2021-11-04;93.287863847338;116.844573642846;115.622614272032
2021-11-05;90.801099288904;117.024691699991;115.591151580769
2021-11-08;90.031388629892;116.967543761180;114.625987257610
2021-11-09;91.185956197395;116.923443629827;115.301047059858
2021-11-10;92.044481568121;117.122878273432;114.851315649450
2021-11-11;92.162894341473;117.234258439890;114.682435027229
2021-11-12;93.643113220283;117.314148925779;115.357957516113
2021-11-15;95.241746451430;117.711924821303;116.019136719274
2021-11-16;94.975308632229;118.435166975489;117.132823452660
2021-11-17;94.649658899906;118.459002914253;116.424450212605
2021-11-18;95.034520545350;118.244698143712;117.280420489615
2021-11-19;96.514733108223;117.794512340019;117.825928033721
2021-11-22;94.679264856466;117.471743114184;116.786271162130
2021-11-23;92.074085945697;116.169222044526;114.567226054810
2021-11-24;95.986458630215;115.741997466247;116.673838309528
2021-11-25;96.523313309180;116.030579978686;118.184047490156
2021-11-26;92.528482903942;111.212804637147;114.000434925438
2021-11-29;91.675831354998;111.386435236953;114.220211077643
2021-11-30;91.407404015515;110.069044040359;112.992240745111
2021-12-01;91.170556363031;112.784591632784;113.615942330738
2021-12-02;92.402164155950;111.257050554058;113.240703468762
2021-12-03;93.081127426406;110.578200102341;112.422210809285
2021-12-06;93.681141479366;112.114852778454;113.703852791620
2021-12-07;93.965358662348;115.272203504976;114.615345464977
2021-12-08;93.365344609387;114.347558602150;113.692748312351
2021-12-09;93.428503983383;113.998912439736;113.587255759292
2021-12-10;93.207446174397;113.882648457079;113.226360183039
2021-12-13;93.428503983383;113.871058505202;112.381494385298
2021-12-14;91.881099320484;112.645293531932;111.385330057512
2021-12-15;90.981078241043;112.811416175491;111.962762979517
2021-12-16;90.396854031581;113.978065104915;111.607882329535
2021-12-17;91.249505580525;113.214804815005;112.504106343896
2021-12-20;89.638941543631;111.086189879858;110.292926909392
2021-12-21;89.512622795639;112.600683151126;111.236344960648
2021-12-22;89.244195456157;113.665136404258;111.513494255745
2021-12-23;89.812629822120;114.852122419049;112.223718242346
2021-12-27;89.812629822120;115.427538017229;113.035733288915
2021-12-28;90.886339180049;116.363845764711;114.005061791800
2021-12-29;90.286325127089;115.551455741691;114.222987197461
Portfolio Information
Portfolio Information
Portfolio Information
as of December 31, 2021
Projects and neighborhood development
- 1 Excl. assets of Deutsche Wohnen.
- 2 Fair value of the developed land excluding undeveloped land and inheritable building rights granted, assets under construction, development and other.
- 3 Shown based on the country-specific definition.
- 4 Fair value of the developed land excluding € 5.433,6 million, of which € 636,0 million for undeveloped land and inheritable building rights granted, € 1.194,7 million for assets under construction, € 1.154,4 million for development, € 1.200,1 million for nursing portfolio and € 1.248,4 million for other.
- 5 Deutsche Wohnen like-for-like definition.
Dortmund
Dortmund Westerfilde.
Integrated neighborhood development with a social and environmental focus. Planned investment: € 27.7 million
Duration: 2016–2024
Number of Units: approx. 660
Integrated neighborhood development with a social and environmental focus. Planned investment: € 27.7 million
Duration: 2016–2024
Number of Units: approx. 660
Comprehensive needs-based energy efficiency modernization, concierge services, comprehensive residential environment design and involvement of social projects, renovation of vacant apartments
Bielefeld
Bielefeld Baumheide.
Innovative climate-friendly neighborhood. Planned investment: € 42 million
Duration: 2017–2024
Number of Units: 560 + 32 (New construction of 32 senior-friendly apartments)
Innovative climate-friendly neighborhood. Planned investment: € 42 million
Duration: 2017–2024
Number of Units: 560 + 32 (New construction of 32 senior-friendly apartments)
- Comprehensive energy efficiency modernization and densification
- Take pressure off tenants through innovative electricity and heating concepts
Kornwestheim
Kornwestheim.
Sustainable and urban neighborhood development. Planned investment: € 34 million
Duration: 2019–2023
Number of Units: 186 + 97 (New construction of 35 and 62 added stories)
Sustainable and urban neighborhood development. Planned investment: € 34 million
Duration: 2019–2023
Number of Units: 186 + 97 (New construction of 35 and 62 added stories)
- Creation of affordable, partly price-controlled homes
- Energy-efficient building upgrade
- Vertical expansion with wood panel construction
- New construction in glue-free wood houses
- Neighborhood-based mobility concept
- Integrated design of leisure spaces
Hamburg
Hamburg Wilhelmsburg.
Sustainable environmentally friendly energy concept. Planned investment: approx. € 140 million
Duration: 2018–2027
Number of Units: approx. 1,400
Sustainable environmentally friendly energy concept. Planned investment: approx. € 140 million
Duration: 2018–2027
Number of Units: approx. 1,400
- Comprehensive portfolio refurbishment and creation of a sustainable energy concept that includes both established and innovative supply means such as cogeneration units, solar thermal energy, district heating, etc.
- Densification through new construction
- Upgrade and qualification of green and play areas
- Expansion of services close to homes
Berlin
Berlin Ziekowkiez.
Innovative and socially responsible neighborhood development. Planned investment: € 140 million
Duration: 2018–2028
Number of Units: approx. 1,100
Innovative and socially responsible neighborhood development. Planned investment: € 140 million
Duration: 2018–2028
Number of Units: approx. 1,100
- Comprehensive modernization in an urban environment
- New construction of approx. 500 residential units
- Creation of senior-friendly homes and modern floor plans
- Supporting cooperation and strengthening social networks
- Focus on local amenities and social infrastructure