Key Figures
Key Figures
Financial Key Figures* in € million | 3M 2022 | 3M 2023 | Change in % | 12M 2022 | ||||
Total Segment Revenue | 1,629.0 | 1,430.7 | -12.2 | 6,256.9 | ||||
Adjusted EBITDA Total | 728.7 | 657.1 | -9.8 | 2,763.1 | ||||
Adjusted EBITDA Rental | 551.2 | 579.7 | 5.2 | 2,233.5 | ||||
Adjusted EBITDA Value-add | 50.3 | 26.4 | -47.5 | 126.7 | ||||
Adjusted EBITDA Recurring Sales | 44.0 | 21.8 | -50.5 | 135.1 | ||||
Adjusted EBITDA Development | 60.9 | 11.7 | -80.8 | 183.2 | ||||
Adjusted EBITDA Care | 22.3 | 17.5 | -21.5 | 84.6 | ||||
Group FFO | 563.1 | 462.6 | -17.8 | 2,035.6 | ||||
thereof attributable to non-controlling interests | 18.6 | 18.8 | 1.1 | 91.3 | ||||
Group FFO after non-controlling interests | 544.5 | 443.8 | -18.5 | 1,944.3 | ||||
Group FFO per share in €** | 0.73 | 0.58 | -20.5 | 2.56 | ||||
Income from fair value adjustments of investment properties | 404.8 | -3,612.2 | – | -1,269.8 | ||||
EBT | 109.6 | -3,184.0 | – | -732.7 | ||||
Profit for the period | 58.3 | -2,088.1 | – | -669.4 | ||||
Cash flow from operating activities | 513.8 | 516.4 | 0.5 | 2,084.3 | ||||
Cash flow from investing activities | 1,716.6 | -61.1 | – | 938.2 | ||||
Cash flow from financing activities | -138.7 | -460.3 | >100 | -3,145.1 | ||||
Total cost of maintenance, modernization and new construction | 510.2 | 341.0 | -33.2 | 2,300.7 | ||||
thereof for maintenance expenses and capitalized maintenance | 172.5 | 166.3 | -3.6 | 856.2 | ||||
thereof for modernization | 188.5 | 124.5 | -34.0 | 837.4 | ||||
thereof for new construction | 149.2 | 50.2 | -66.4 | 607.1 | ||||
Key Balance Sheet Figures/Financial Covenants | Dec. 31, 2022 | Mar. 31, 2023 | Change in % | |||||
Fair value of the real estate portfolio | 94,694.5 | 91,241.3 | -3.6 | |||||
EPRA NTA | 45,744.5 | 42,779.3 | -6.5 | |||||
EPRA NTA per share in €** | 57.48 | 53.75 | -6.5 | |||||
LTV (%) | 45.1% | 46.6% | 1.5 pp | |||||
Net Debt/EBITDA | 15.8x | 16.1x | 0.3x | |||||
ICR bond covenants | 5.5x | 4.9x | -0.6x | |||||
Non-financial Key Figures* | 3M 2022 | 3M 2023 | Change in % | 12M 2022 | ||||
Number of units managed | 622,930 | 618,951 | -0.6 | 621,303 | ||||
thereof own apartments | 550,496 | 548,368 | -0.4 | 548,524 | ||||
thereof apartments owned by others | 72,434 | 70,583 | -2.6 | 72,779 | ||||
Number of units bought | 889 | 63 | -92.9 | 969 | ||||
Number of apartments sold | 16,414 | 663 | -96.0 | 19,760 | ||||
thereof Recurring Sales | 700 | 282 | -59.7 | 2,710 | ||||
thereof Non Core/other | 15,714 | 381 | -97.6 | 17,050 | ||||
Number of new apartments completed | 777 | 779 | 0.3 | 3,749 | ||||
thereof own apartments | 266 | 675 | >100 | 2,071 | ||||
thereof apartments for sale | 511 | 104 | -79.6 | 1,678 | ||||
Vacancy rate (in %) | 2.4 | 2.2 | -0.2 pp | 2.0 | ||||
Monthly in-place rent in €/m² | 7.40 | 7.54 | 1.9 | 7.49 | ||||
Organic rent increase (in %) | 3.9 | 3.4 | -0.5 pp | 3.3 | ||||
Number of employees (as of March 31/December 31) | 15,900 | 15,924 | 0.2 | 15,915 | ||||
- *Previous year's figures 2022 comparable according to current key figure definition/segmentation 2023.
- **Based on the shares carrying dividend rights on the reporting date.