Vonovia: SBTi confirms climate targets align with 1.5-degree target of Paris Climate Agreement   Vonovia is one of six companies in Germany's property sector to be validated by the Science Based Targets initiative (SBTi).  According to the CDP, Vonovia is recognised as one of the world’s leading companies in climate protection measures and has  [ … ]

Vonovia again issues social bond with a total volume of € 850 million and a maturity of 10 years Unsecured social bond with a volume of € 850 million and a maturity of 10 years issued. Philip Grosse, CFO of Vonovia: “Shows that we can combine our social responsibility with our excellent access to the capital market.” In addition, first rating fr [ … ]

2023 Financial Year Positive developments in Vonovia’s core business with disposals well above target and confident outlook for 2024 financial year Overall EBITDA contribution of around €2,652 million and FFO of around €1,847 million are within guidance. Core business grows by 6.5%; 2,425 new residential units completed; 6,550 senior-friendly co [ … ]

Dividend proposal and change in dividend policy Bochum, 14 March 2024 The Management Board and Supervisory Board of Vonovia SE (Company) have resolved to propose a dividend of EUR 0.90 per share for the 2023 fiscal year to the Company's Annual General Meeting. This amount corresponds to a distribution of 43% of the Group FFO (after minorities) an [ … ]

More than 2,400 housing units built: Vonovia completes new construction with a living space of more than 157,000 m² Vonovia completed a total of more than 2,400 housing units during the year 2023. The Bochum-based company expects a similar number of new homes to be completed during the current year. Diverse new construction portfolio in differe [ … ]

Vonovia issues first bond totalling GBP 400 million on UK financial market First sterling bond has been issued, totalling GBP 400 million, with a 12-year term. By entering the Anglo-Saxon capital market, Vonovia is gaining access to new investors and will benefit from arbitrage opportunities. Says Philip Grosse, CFO of Vonovia: “It’s a clear tes [ … ]