Mobiles Menu Mobiles Menu Close

Factsheet

as of August 4, 2023

graphic

Company Profile

Vonovia SE is Europe’s leading private residential real estate company. Vonovia currently owns more than 548,000 residential units in all attractive cities and regions in Germany, Sweden and Austria. It also manages around 70,600 apartments. Its portfolio is worth approximately € 88.2 billion. As a modern service provider, Vonovia focuses on customer orientation and tenant satisfaction. Offering tenants affordable, attractive and livable homes is a prerequisite for the company’s successful development. Therefore, Vonovia makes long-term investments in the maintenance, modernization and senior-friendly conversion of its properties. The company is also creating more and more new apartments by realizing infill developments and adding to existing buildings.

The company, which is based in Bochum, has been listed on the stock exchange since 2013. Since September 2015 Vonovia has been a constituent in the DAX 30 (today DAX 40) and since September 2020 in the EURO STOXX 50. Vonovia SE is also a constituent of additional national and international indices, including DAX 50 ESG, Dow Jones Sustainability Index Europe, STOXX Global ESG Leaders, EURO STOXX ESG Leaders 50, FTSE EPRA/NAREIT Developed Europe, and GPR 250 World. Vonovia has a workforce of approximately 15,900 employees.

Management Board

Rolf Buch (Chairman of the Management Board); Arnd Fittkau; Philip Grosse; Daniel Riedl

Supervisory Board

Clara-Christina Streit; Vitus Eckert; Jürgen Fenk; Dr. Florian Funck; Dr. Ute Geipel-Faber; Dr. Daniela Gerd tom Markotten; Matthias Hünlein; Hildegard Müller; Dr. Ariane Reinhart; Christian Ulbrich

Share Information (as of June 30, 2023)

Share Information (as of June 30, 2023)

First day of trading

July 11, 2013

Subscription price

€ 16.50 | € 14.71*

Total number of shares

814,644,998

Share capital

€  814,644,998

ISIN

DE000A1ML7J1

WKN

A1ML7J

Ticker symbol

VNA

Common code

94567408

Share class

Registered shares with no par value

Stock exchange

Frankfurt Stock Exchange

Market segment

Regulated market

Indices

DAX 40, EURO STOXX 50, DAX 50 ESG, Dow Jones Sustainability Index Europe, STOXX Global ESG Leaders, EURO STOXX ESG Leaders 50, FTSE EPRA/NAREIT Developed Europe and GPR 250 World

  1. * TERP-adjusted.

Financial Calendar

August 4, 2023

Publication of the interim financial report for 6M 2023

November 3, 2023

Publication of the interim statement for 9M 2023

Key Figures

Key Figures

Financial Key Figures* in € million

H1 2022

H1 2023

Change in %

12M 2022

Total Segment Revenue

3,102.0

2,925.7

-5.7

6,256.9

Adjusted EBITDA Total

1,405.8

1,338.3

-4.8

2,763.1

Adjusted EBITDA Rental

1,111.7

1,198.2

7.8

2,233.5

Adjusted EBITDA Value-add

83.9

44.1

-47.4

126.7

Adjusted EBITDA Recurring Sales

82.3

37.0

-55.0

135.1

Adjusted EBITDA Development

84.9

23.8

-72.0

183.2

Adjusted EBITDA Care

43.0

35.2

-18.1

84.6

Group FFO

1,066.6

964.8

-9.5

2,035.6

thereof attributable to non-controlling interests

41.0

45.2

10.2

91.3

Group FFO after non-controlling interests

1,025.6

919.6

-10.3

1,944.3

Group FFO per share in €**

1.34

1.18

-11.9

2.56

Income from fair value adjustments of investment properties

3,115.9

-6,382.9

-1,269.8

EBT

2,887.2

-5,868.7

-732.7

Profit for the period

1,870.4

-4,130.4

-669.4

Cash flow from operating activities

1,039.6

911.4

-12.3

2,084.3

Cash flow from investing activities

1,399.9

-346.2

938.2

Cash flow from financing activities

-2,298.6

-186.3

-91.9

-3,145.1

Total cost of maintenance, modernization and new construction

1,119.9

670.4

-40.1

2,300.7

thereof for maintenance expenses and capitalized maintenance

377.2

313.1

-17.0

856.2

thereof for modernization

402.0

243.3

-39.5

837.4

thereof for new construction

340.7

114.0

-66.5

607.1

Key Balance Sheet Figures/Financial Covenants
in € million

Dec. 31, 2022

June 30, 2023

Change in %

Fair value of the real estate portfolio

94,694.5

88,242.8

-6.8

EPRA NTA

45,744.5

40,460.1

-11.6

EPRA NTA per share in €**

57.48

49.67

-13.6

LTV (%)

45.1%

47.2%

2.1 pp

Net Debt/EBITDA

15.8x

16.0x

0.2x

ICR bond covenants

5.5x

4.7x

-0.8x

Non-financial Key Figures*

H1 2022

H1 2023

Change in %

12M 2022

Number of units managed

621,846

618,516

-0.5

621,303

thereof own apartments

549,484

548,080

-0.3

548,524

thereof apartments owned by others

72,362

70,436

-2.7

72,779

Number of units bought

893

63

-92.9

969

Number of apartments sold

17,748

1,282

-92.8

19,760

thereof Recurring Sales

1,349

628

-53.4

2,710

thereof Non Core/other

16,399

654

-96.0

17,050

Number of new apartments completed

1,103

1,193

8.2

3,749

thereof own apartments

511

962

88.3

2,071

thereof apartments for sale

592

231

-61.0

1,678

Vacancy rate (in %)

2.2

2.2

2.0

Monthly in-place rent in €/m²

7.44

7.58

1.9

7.49

Organic rent increase (in %)

3.4

3.5

0.1 pp

3.3

Number of employees (as of June 30/Dec. 31)

15,845

15,764

-0.5

15,915

  1. *Previous year’s figures for 2022 comparable according to current key figure definition/segmentation for 2023.
  2. **Based on the shares carrying dividend rights on the reporting date.
To Top