Investor Relations Activities

Vonovia SE is committed to a transparent, ongoing dialogue with its shareholders and potential investors. We continued with our roadshows and meetings in the first nine months of the 2025 fiscal year, in the form of virtual and face-to-face events. During this period, we took part in a total of 29 investor conference days and organized 24 roadshow days.

In addition, numerous one-on-one meetings, video conferences and conference calls were held with investors and analysts to keep them informed of current developments and special issues. The change in CEO as well as growth, particularly in the non-rental segment, dominated the meetings held in the third quarter of 2025.

We will also continue to communicate openly with the capital market. Various roadshows, conferences and participation in investor forums have already been planned. Information can be found in the Financial Calendar on our Investor Relations website.

Analyst Assessments

As of September 30, 2025, 23 national and international analysts were publishing research studies on Vonovia. The average target share price was € 34.96. Of these analysts, 61% issued a “buy” recommendation, with 22% issuing a “hold” recommendation and 17% a “sell” recommendation.