Net Assets
Vonovia’s net asset value figures are based on the best practice recommendations of the EPRA (European Public Real Estate Association). At the end of the first half of 2024, the EPRA NTA came to € 36,603.7 million, down by 4.0% on the value of € 38,140.9 million seen at the end of 2023. EPRA NTA per share decreased from € 46.82 at the end of 2023 to € 44.48 at the end of the first half of 2024.
EPRA Net Tangible Assets (EPRA NTA)
EPRA Net Tangible Assets (EPRA NTA) | ||||||
in € million | Dec. 31, 2023 | June 30, 2024 | Change in % | |||
Total equity attributable to Vonovia shareholders | 25,682.7 | 24,595.2 | -4.2 | |||
Deferred tax in relation to fair value gains of investment properties* | 13,895.3 | 13,474.0 | -3.0 | |||
Fair value of financial instruments | -13.4 | -42.2 | >100 | |||
Goodwill | -1,391.7 | -1,391.7 | – | |||
Intangible assets | -32.0 | -31.6 | -1.3 | |||
EPRA NTA | 38,140.9 | 36,603.7 | -4.0 | |||
EPRA NTA per share in €** | 46.82 | 44.48 | -5.0 | |||
- *Proportion of hold portfolio.
- **EPRA NTA per share based on the shares carrying dividend rights on the reporting date.