Vonovia Annual Report 2022

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, 2022	Residential units	Living area (in thou. m²)	Dec. 31, 2021 (p. a. in € million)	Dec. 31, 2022 (p. a. in € million)	Change (in %)

Strategic	412,427	25,211	2,160.3	2,216.5	2.6
Urban Quarters	332,938	20,168	1,726.3	1,770.7	2.6
Urban Clusters	79,489	5,044	434.0	445.8	2.7
Recurring Sales	27,777	1,896	163.0	166.5	2.1
MFH Sales	22,522	1,430	152.6	156.2	2.4
Non Core	13,872	788	59.4	61.0	2.6
Vonovia Germany	476,598	29,325	2,535.4	2,600.2	2.6
Vonovia Sweden	37,120	2,648	301.8	309.9	2.7
Vonovia Austria	19,702	1,464	86.1	89.3	3.8
Total	533,420	33,437	2,923.4	2,999.4	2.6

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, 2021 (p. a. in € million)	Dec. 31, 2022 (p. a. in € million)	Change (in %)

Berlin	141,871	8,492	731.7	748.5	2.3
Rhine Main area	35,580	2,249	239.3	245.8	2.7
Dresden	44,047	2,557	199.3	203.1	1.9
Rhineland	31,019	2,039	190.1	195.2	2.7
Southern Ruhr area	41,773	2,575	206.0	211.6	2.7
Hamburg	19,715	1,240	113.3	116.8	3.1
Hanover	21,572	1,359	113.5	117.7	3.7
Kiel	24,837	1,431	118.1	121.7	3.1
Munich	10,404	675	72.4	73.8	1.9
Stuttgart	13,018	818	82.8	84.7	2.3
Northern Ruhr area	23,867	1,471	108.8	111.2	2.1
Leipzig	13,801	909	68.8	70.3	2.3
Bremen	11,506	700	52.7	54.8	3.8
Westphalia	9,260	605	49.0	50.3	2.8
Freiburg	3,989	271	26.1	26.8	2.8
Other strategic locations	26,773	1,698	144.8	148.7	2.7
Total strategic locations Germany	473,032	29,091	2,516.7	2,580.9	2.6
Non-strategic locations	3,566	234	18.8	19.2	2.5
Vonovia Germany	476,598	29,325	2,535.4	2,600.2	2.6
Vonovia Sweden	37,120	2,648	301.8	309.9	2.7
Vonovia Austria	19,702	1,464	86.1	89.3	3.8
Total	533,420	33,437	2,923.4	2,999.4	2.6