Key Figures
Key Figures
Financial Key Figures in € million | 2017 | 2018 | 2019 | 2020 | 2021 | ||||||
Total Segment Revenue | 2,822.0 | 3,610.7 | 4,111.7 | 4,370.0 | 5,179.9 | ||||||
Adjusted EBITDA Total | 1,319.7 | 1,554.8 | 1,760.1 | 1,909.8 | 2,269.3 | ||||||
Adjusted EBITDA Rental | 1,148.7 | 1,315.1 | 1,437.4 | 1,554.2 | 1,648.0 | ||||||
Adjusted EBITDA Value-add | 102.1 | 121.2 | 146.3 | 152.3 | 148.8 | ||||||
Adjusted EBITDA Recurring Sales | 62.2 | 79.1 | 91.9 | 92.4 | 114.0 | ||||||
Adjusted EBITDA Development | 6.7 | 39.4 | 84.5 | 110.9 | 187.7 | ||||||
Adjusted EBITDA Deutsche Wohnen | – | 170.8 | |||||||||
Group FFO | 975.0 | 1,132.0 | 1,218.6 | 1,348.2 | 1,672.0 | ||||||
thereof attributable to Vonovia shareholders | 920.4 | 1,069.7 | 1,165.6 | 1,292.0 | 1,605.0 | ||||||
thereof attributable to Vonovia hybrid capital investors | 40.0 | 40.0 | 40.0 | 40.0 | 38.4 | ||||||
thereof attributable to non-controlling interests | 14.6 | 22.3 | 13.0 | 16.2 | 28.6 | ||||||
Group FFO per share in €* | 1.88 | 2.04 | 2.11 | 2.23 | 2.15 | ||||||
Income from fair value adjustments of investment properties | 3,434.1 | 3,517.9 | 4,131.5 | 3,719.8 | 7,393.8 | ||||||
EBT | 4,007.4 | 3,874.3 | 3,138.9 | 5,014.4 | 5,482.4 | ||||||
Profit for the period | 2,566.9 | 2,402.8 | 1,294.3 | 3,340.0 | 2,830.9 | ||||||
Cash flow from operating activities | 946.0 | 1,132.5 | 1,555.9 | 1,430.5 | 1,823.9 | ||||||
Cash flow from investing activities | -1,350.1 | -3,892.5 | -2,505.7 | -1,729.9 | -19,115.8 | ||||||
Cash flow from financing activities | -870.5 | 3,041.5 | 902.8 | 402.6 | 18,125.0 | ||||||
Total cost of maintenance, modernization and new construction | 1,124.8 | 1,569.4 | 1,971.1 | 1,935.9 | 2,185.6 | ||||||
thereof for maintenance expenses and capitalized maintenance | 346.2 | 430.4 | 481.6 | 592.0 | 666.4 | ||||||
thereof for modernization | 712.9 | 904.7 | 996.5 | 908.4 | 758.6 | ||||||
thereof for new construction | 65.7 | 234.3 | 493.0 | 435.5 | 526.6 | ||||||
thereof Deutsche Wohnen | – | – | – | – | 234.0 | ||||||
Key Balance Sheet Figures in € million | Dec. 31, 2017 | Dec. 31, 2018 | Dec. 31, 2019 | Dec. 31, 2020 | Dec. 31, 2021 | ||||||
Fair value of the real estate portfolio | 33,436.3 | 44,239.9 | 53,316.4 | 58,910.7 | 97,845.3 | ||||||
EPRA NTA | 29,762.2 | 35,488.6 | 51,826.1 | ||||||||
EPRA NTA per share in €* | 51.44 | 58.78 | 66.73 | ||||||||
LTV (%) | 39.8 | 42.8 | 43.1 | 39.4 | 45.3 | ||||||
Non-financial Key Figures | 2017 | 2018 | 2019 | 2020 | 2021 | ||||||
Number of units managed | 409,275 | 480,102 | 494,927 | 489,709 | 636,507 | ||||||
thereof own apartments | 346,644 | 395,769 | 416,236 | 415,688 | 565,334 | ||||||
thereof apartments owned by others | 62,631 | 84,333 | 78,691 | 74,021 | 71,173 | ||||||
Number of units bought | 24,847 | 63,706 | 23,987 | 1,711 | 155,145 | ||||||
Number of units sold | 11,780 | 15,102 | 4,784 | 3,677 | 6,870 | ||||||
thereof Recurring Sales | 2,608 | 2,818 | 2,607 | 2,442 | 2,747 | ||||||
thereof Non-core Disposals | 9,172 | 12,284 | 2,177 | 1,235 | 723 | ||||||
thereof Deutsche Wohnen | – | 3,400 | |||||||||
Number of new apartments completed | 250 | 1,108 | 2,092 | 2,088 | 2,200 | ||||||
thereof own apartments | 250 | 638 | 1,301 | 1,442 | 1,373 | ||||||
thereof apartments for sale | – | 470 | 791 | 646 | 827 | ||||||
thereof Deutsche Wohnen | – | – | |||||||||
Vacancy rate (in %) | 2.5 | 2.4 | 2.6 | 2.4 | 2.2 | ||||||
Monthly in-place rent in €/m² | 6.27 | 6.52 | 6.93 | 7.16 | 7.33 | ||||||
Organic rent increase (in %) | 4.2 | 4.4 | 3.9 | 3.1 | 3.8 | ||||||
Carbon intensity achieved in Germany (in kg CO₂e/m²)** | 50.7 | 48.8 | 47.2 | 39.5 | 38.4 | ||||||
Number of employees (as of Dec. 31) | 8,448 | 9,923 | 10,345 | 10,622 | 15,871 | ||||||
EPRA Key Figures in € million | 2017 | 2018 | 2019 | 2020 | 2021 | ||||||
EPRA NTA | 29,762.2 | 35,488.6 | 51,826.1 | ||||||||
EPRA NTA per share in €* | 51.44 | 58.78 | 66.73 | ||||||||
EPRA NRV | 37,065.9 | 43,677.3 | 64,216.1 | ||||||||
EPRA NRV per share in €* | 64.06 | 72.34 | 82.69 | ||||||||
EPRA NDV | 17,161.9 | 20,543.4 | 30,155.4 | ||||||||
EPRA Earnings | 838.2 | 932.5 | 1,075.8 | 1,196.9 | 1,361.7 | ||||||
EPRA Net initial yield in % | 3.7 | 3.5 | 3.3 | 3.0 | 2.6 | ||||||
EPRA Topped-up Net initial yield in % | 3.7 | 3.5 | 3.3 | 3.0 | 2.6 | ||||||
EPRA Vacancy rate in % | 2.3 | 2.3 | 2.4 | 2.3 | 2.0 | ||||||
EPRA Cost ratio (incl. direct vacancy costs) in % | 26.3 | 25.9 | 25.8 | 26.8 | 25.5 | ||||||
EPRA Cost ratio (excl. direct vacancy costs) in % | 24.8 | 24.6 | 24.5 | 25.6 | 24.4 | ||||||
- *Based on the shares carrying dividend rights on the reporting date, prior-year values TERP-adjusted (1.067).
- **From 2020 Change in CO₂-emissions calculation (update of data sources and harmonization of emission factors), therefore limited comparability with previous years.