Like-for-like Rent Increases

The following tables provide an overview of the like-for-like rent increases in the company’s residential property portfolio.

Like-for-like Rent Increases by category

			Residential in-place rent like-for-like*
Dec. 31, 2021	Residential units	Living area (in thou. m²)	Dec. 31, 2020 (p. a. in € million)	Dec. 31, 2021 (p. a. in € million)	Change (in %)

Strategic	319,661	19,865	1,651.3	1,708.0	3.4
Urban Quarters	233,227	14,368	1,176.7	1,218.4	3.5
Urban Clusters	86,434	5,497	474.6	489.6	3.2
Recurring Sales	23,379	1,562	133.1	136.8	2.8
Non-core Disposals	930	76	7.2	7.4	3.5
Vonovia Germany	343,970	21,504	1,791.6	1,852.3	3.4
Vonovia Sweden	37,343	2,670	321.3	329.9	2.7
Vonovia Austria	20,101	1,494	85.7	86.6	1.1
Total	401,414	25,667	2,198.5	2,268.8	3.2

Like-for-like Rent Increases by region

			Residential in-place rent like-for-like*
Regional Market	Residential units	Living area (in thou. m²)	Dec. 31, 2020 (p. a. in € million)	Dec. 31, 2021 (p. a. in € million)	Change (in %)

Berlin	44,374	2,835	225.0	239.7	6.6
Rhine Main area	26,582	1,697	174.7	179.4	2.7
Southern Ruhr area	41,633	2,563	198.0	204.8	3.4
Rhineland	28,065	1,880	168.7	173.6	2.9
Dresden	37,150	2,126	161.5	165.0	2.1
Hamburg	19,219	1,223	109.1	112.2	2.8
Kiel	23,751	1,364	108.1	112.6	4.2
Munich	9,527	626	63.6	65.4	3.0
Stuttgart	13,291	834	81.5	83.8	2.9
Hanover	15,790	999	83.2	85.2	2.5
Northern Ruhr area	24,255	1,497	107.8	110.3	2.4
Bremen	11,401	694	50.7	52.3	3.1
Leipzig	8,641	558	41.7	42.6	2.2
Westphalia	9,213	602	47.1	48.7	3.5
Freiburg	3,990	273	25.2	26.1	3.9
Other strategic locations	25,711	1,635	138.0	142.3	3.1
Total strategic locations Germany	342,593	21,405	1,783.7	1,844.2	3.4
Non-strategic locations	1,377	99	7.9	8.1	2.3
Vonovia Germany	343,970	21,504	1,791.6	1,852.3	3.4
Vonovia Sweden	37,343	2,670	321.3	329.9	2.7
Vonovia Austria	20,101	1,494	85.7	86.6	1.1
Total	401,414	25,667	2,198.5	2,268.8	3.2