The Company and its Shares
Turnaround Year With Increase in Property Values
Increase in New Construction and Modernization Investments
Excess Demand for Housing Alongside Rising Rent Levels
Strategic Growth Initiatives Underway
Annual Report 2025
- Company & Shares
- Management Report
- Fundamental Information About the Group
- Sustainability Statement
- Content and Overall Conditions
- Risk Assessment Based on Sustainability Aspects
- ESRS 2 – General Disclosures
- BP1 – General Basis
- BP2 – Disclosures in Relation to Specific Circumstances
- GOV-1 – Administrative, Management and Supervisory Bodies
- GOV-2 – Information and Sustainability Matters
- GOV-3 – Sustainability-related Performance in Incentive Schemes
- GOV-4 – Statement on Due Diligence
- GOV-5 – Risk Management and Internal Controls
- SBM-1 – Strategy, Business Model and Value Chain
- SBM-2 – Interests and Views of Stakeholders
- SBM-3 – Material Impacts, Risks and Opportunities
- IRO-1 – Identify and Assess Material Impacts, Risks and Opportunities
- IRO-2 – Covered Disclosure Requirements
- Taxonomy
- ESRS E1 Climate Change
- E5 Resource Use and Circular Economy
- ESRS 2 SBM-3 – Material Impacts, Risks and Opportunities and Their Interaction with Strategy and Business Model
- E5-1 – Strategies Related to Resource Use and Circular Economy
- E5-2 – Actions and Resources Related to Resource Use and Circular Economy
- E5-3 – Targets Related to Resource Use and Circular Economy
- E5-4 – Resource Inflows
- ESRS S1 Own Workforce
- ESRS S1 – ESRS 2 SBM-3
- S1-1 – Policies Employees of the Company
- S1-2 – Engaging with Own Workforce
- S1-3 – Processes to Remediate Negative Impacts
- S1-4 – Actions Own workforce
- S1-5 – Targets Own Workforce
- S1-6 – Characteristics of the Company’s Employees
- S1-7 – Characteristics of the Company’s Non-employees
- S1-8 – Collective Bargaining Coverage and Social Dialogue
- S1-9 – Diversity Figures
- S1-10 – Adequate Wages
- S1-11 – Social Protection
- S1-12 – Persons with Disabilities
- S1-13 – Further Training and Skill Development
- S1-15 – Work-life balance
- S1-16 – Metrics for Remuneration
- S1-17 – Human Rights
- ESRS S4 Consumers and End-Users
- ESRS G1 – Business Conduct
- Opportunities and Risks
- Management System
- Portfolio Structure
- Report on Economic Position
- Forecast Report
- Further Statutory Disclosures
- Financial Statements
- Notes
- Section (A): Principles of the Consolidated Financial Statements
- Section (B): Profit for the Period
- 9 Income from Property Management
- 10 Profit on Disposal of Properties
- 11 Profit on Disposal of Real Estate Inventories
- 12 Net Income from Fair Value Adjustment of Investment Properties
- 13 Capitalized Internal Expenses
- 14 Cost of Materials
- 15 Personnel Expenses
- 16 Other Operating Income
- 17 Other Operating Expenses
- 18 Interest Income
- 19 Interest Expenses
- 20 Other Financial Result
- 21 Income Taxes
- Section (C): Other Disclosures on the Results of Operations
- Section (D): Assets
- 25 Intangible Assets
- 26 Property, Plant and Equipment
- 27 Investment Properties
- 28 Financial Assets
- 29 Long-Term Financial Assets Accounted for Using the Equity Method
- 30 Other Assets
- 31 Income Tax Receivables
- 32 Inventories
- 33 Trade Receivables
- 34 Cash and Cash Equivalents
- 35 Real Estate Inventories
- Section (E): Capital Structure
- Section (F): Corporate Governance Disclosures
- Section (G): Additional Financial Management Disclosures
- Information