Investor Relations Activities

Vonovia SE is committed to transparent, ongoing dialogue with its shareholders and potential investors. We have continued with our road shows and meetings in 2022, both as virtual and face-to-face events. In the first three months of 2022, Vonovia participated in a total of seven investors’ conference days and organized five roadshow days.

In addition, numerous one-on-one meetings, video conferences and conference calls were held with investors and analysts to keep them informed of current developments and special issues. The following topics in particular dominated the meetings held in the first quarter of 2022: inflation, energy prices, interest rates, the capital structure and sustainability.

We will continue to communicate openly with the capital market. Various road shows, conferences and participation in investor forums have already been planned. Information can be found in the Financial Calendar on our Investor Relations website.

Analyst Assessments

Usually, 23 international analysts publish studies on Vonovia on a regular basis, whereby one analyst suspended their rating temporarily due to their involvement in transactions (as of March 31, 2022). The average target share price was € 60.48 as of March 31, 2022. Of these analysts, 86% issued a “buy” recommendation, with 9% issuing a “hold” recommendation and 5% recommending that investors sell the company’s shares.