25 Related Party Transactions
Vonovia had business relationships with related parties as of June 30, 2026. These transactions are shown in the table below:
Result of Transactions from the Normal exchange of Deliveries and Services
Provided services | Purchased services | Receivables | Liabilities | Advance payments | |||||||||||||||||
in € million | Jan. 1 - Jun. 30, 2025 | Jan. 1 - Jun. 30, 2026 | Jan. 1 - Jun. 30, 2025 | Jan. 1 - Jun. 30, 2026 | Dec. 31, 2025 | Jun. 30, 2026 | Dec. 31, 2025 | Jun. 30, 2026 | Dec. 31, 2025 | Jun. 30, 2026 | |||||||||||
Subsidiaries (not consolidated) | 0.0 | 0.0 | 0.0 | 0.0 | – | 0.1 | 0.0 | 0.0 | – | – | |||||||||||
Associates | 56.5 | 93.1 | 17.0 | 14.3 | 92.1 | 30.7 | 4.0 | 23.9 | 52.9 | 56.3 | |||||||||||
Joint ventures | 5.2 | 3.4 | 48.5 | 56.7 | 46.6 | 35.7 | 0.3 | 0.3 | 3.8 | 3.8 | |||||||||||
Other non-consolidated subsidiaries | – | – | – | – | 0.1 | – | – | – | – | – | |||||||||||
61.7 | 96.5 | 65.5 | 71.0 | 138.8 | 66.4 | 4.3 | 24.2 | 56.7 | 60.1 | ||||||||||||
Further information on QUARTERBACK Immobilien Group can be found in chapter [D19] Financial Assets.
The group of related parties changed as of June 30, 2026. Luka Mucic has been a member of Vonovia’s Management Board, replacing Rolf Buch as Chief Executive Officer (CEO), since January 1, 2026. Katja Wünschel joined the company as a new Management Board member on April 1, 2026. She stepped into the role of Chief Development Officer (CDO) on the Management Board effective June 1, 2026, succeeding Daniel Riedl, who left Vonovia’s Management Board on May 31, 2026.
Matthias Hünlein left the Supervisory Board with effect from the Annual General Meeting held on May 21, 2026. The shareholders elected Dr. Anne-Marie Großmann-Minkwitz to replace him.
With regard to the Management Board contracts of employment and the IFRS 2 program that they include, please refer to the IFRS consolidated financial statements as of December 31, 2025.