New Construction and Conversions

Completion of New Construction

New Construction

2023 by Country

Key Figures

Unit

2021

2022

2023

Germany

Austria

Sweden

General Project Data 1)

Rented units

number

2,201

3,776

2,459

1,618

667

174

Rentable area

153,651

266,504

166,284

116,812

41,896

7,576

of which residential area

%

98.8

96.4

94.6

95.1

92.3

100.0

of which commercial area

%

0.5

2.8

3.4

2.1

7.7

0.0

of which social institutions 2)

%

0.7

0.9

1.9

2.7

0.0

0.0

Site area

119,995

166,379

117,812

91,250

22,337

4,225

of which green spaces

%

29.7

21.6

36.8

42.8

17.8

6.9

Expenses new construction

in € million

526.6

607.1

291.2

268.9

17.4

4.9

Energy and Heat Supply

304–2

Rentable area not including vertical expansion

134,669

240,998

154,646

105,697

42,896

7,053

of which district heating 3)

%

50.7

59.6

71.5

77.2

52.2

100.0

of which renewable energy sources/‌ ‌hybrid systems 4)

%

19.5

14.6

21.1

11.9

47.8

0.0

of which fossil energy sources 5)

%

29.8

25.7

7.4

10.8

0.0

0.0

of which primary energy requirement of ≤30 kWh/m²a

%

35.9

41.8

61.4

69.2

52.2

0.0

of which primary energy requirement of >30 and ≤50 kWh/m²a

%

45.5

38.6

31.4

27.0

47.8

0.0

of which primary energy requirement of >50 and ≤75 kWh/m²a 6)

%

9.9

12.2

5.8

1.8

0.0

100.0

of which primary energy requirement of >75 kWh/m²a

%

8.6

7.4

1.4

2.0

0.0

0.0

Average primary energy requirement 7)

kWh/m²a

38.6

37.7

25.3

24.1

20.9

66.9

Share with building certification 8)

%

0.0

38.3

16.0

10.3

33.2

0.0

Installed output of photovoltaic systems

kWp

255

825

361

197

113

51

Mobility 9)

Proportion of projects featuring charging stations 10)

%

29.6

38.6

30.0

10.6

100.0

100.0

Proportion of projects featuring empty cable conduits for charging stations

%

25.9

63.6

28.3

23.4

36.4

100.0

Number of bicycle parking spaces per rented unit

Avg.

1.7

2.2

1.5

1.7

1.0

1.7

Number of vehicle parking spaces per rented unit

Avg.

0.6

0.8

0.7

0.7

0.7

0.6

Minutes to reach the nearest public transport connection on foot

Avg.

3.9

4.2

3.5

3.8

3.1

2.4

  1. 1)From 2022 incl. Deutsche Wohnen (excl. Care segment and SYNVIA).
  2. 2)Category includes kindergartens, schools, homes and similar institutions.
  3. 3)Separate presentation, as both renewable and fossil energy sources can be used in district heating supply.
  4. 4)At least proportionate supply from renewable energy sources: biogas, biomass, wood pellets and heat pump (additional condition: Heat pump must be partly supplied with RE (solar thermal, geothermal, PV, or similar)).
  5. 5)Fossil energy sources: natural gas, crude oil, non-renewably generated electricity.
  6. 6)New construction projects in Germany relate exclusively to commercial and social facilities.
  7. 7)Based on completed living space without extensions and without purely commercial buildings (analogous to Sustainability Performance Index indicator).
  8. 9)Calculated exclusively on the basis of completed projects without taking into account vertical expansion.
  9. 8)DGNB Silver to Platinum for Germany, ÖGNI Bronze to Platinum or KlimaAktiv-Pakt Bronze to Gold in Austria.
  10. 10)Charging stations can be publicly accessible or assigned to a private parking space.

Refurbishment

2023 by Country

Key Figures

Unit

2021

2022

2023

Germany

Austria

Sweden

Refurbishment

Modernized buildings 1)

number

1,070

818

818

583

10

225

2)

Modernized rented units 1)

number

9,398

7,088

7,759

5,674

168

1,917

2)

avoided emissions due to modernization 3)

t CO2e

8,529

6,868

4,586

4,347

89

150

2)

Modernized rentable area 1)

million m²

0.57

0.43

0.48

0.33

0.01

0.14

2)

Rented units with upgraded heating systems 1)

number

4,542

3,376

934

494

329

111

2)

avoided emissions due to upgraded heating systems 3)

t CO2e

2,883

1,943

697

471

207

19

2)

Refurbishment rate 1)

%

2.2

1.7

1.4

1.2

0.8

4.6

2)

Investment in the portfolio 4)

in € million

1,425.0

1,693.6

1,193.3

1,011.8

54.5

126.9

Investment intensity

€/m²/a

53.8

49.1

34.7

33.8

34.5

45.0

of which expenses for maintenance

in € million

666.4

856.2

722.5

607.4

51.7

63.4

Maintenance intensity

€/m²/a

25.2

24.8

21.0

20.3

32.8

22.4

of which expenses Modernization

in € million

758.6

837.4

470.8

404.4

2.8

63.6

Modernization intensity

€/m²/a

28.7

24.3

13.7

13.5

1.7

22.5

  1. 1)From 2023 incl. Deutsche Wohnen (excl. Care segment and SYNVIA). Retroactive conversion of modernizations in Germany from the program year to the year of completion.
  2. 2)As in the previous years, refurbishments and modernizations with a total investment sum of more than € 500 per square meter of rental space per business unit were taken into account for the Sweden region.
  3. 4)All following investments and intensities only from 2022 incl. Deutsche Wohnen (excl. Care segment and SYNVIA).
  4. 3)2021 and 2022 excl. Austria and Sweden.