Key Figures

(excluding Deutsche Wohnen, unless stated otherwise)

Financial Key Figures in € million

9M 2020

9M 2021

Change in %

12M 2020

Total Segment Revenue

3,211.6

3,517.0

9.5

4,370.0

Adjusted EBITDA Total

1,432.5

1,540.9

7.6

1,909.8

Adjusted EBITDA Rental

1,178.7

1,240.0

5.2

1,554.2

Adjusted EBITDA Value-add

110.1

115.6

5.0

152.3

Adjusted EBITDA Recurring Sales

74.9

105.5

40.9

92.4

Adjusted EBITDA Development

68.8

79.8

16.0

110.9

EBITDA IFRS

1,380.6

1,426.9

3.4

1,822.4

Group FFO**

1,015.9

1,147.3

12.9

1,348.2

thereof attributable to Vonovia shareholders

973.7

1,101.5

13.1

1,292.0

thereof attributable to Vonovia hybrid capital investors

30.0

30.0

0.0

40.0

thereof attributable to non-controlling interests

12.2

15.8

29.5

16.2

Group FFO per share in €*/**

1.80

1.99

10.8

2.38

Income from fair value adjustments of investment properties

1,830.2

5,073.0

>100

3,719.8

EBT**

2,831.7

5,833.2

>100

5,014.4

Profit for the period**

1,891.6

3,869.1

>100

3,340.0

Cash flow from operating activities

1,016.7

1,026.3

0.9

1,430.5

Cash flow from investing activities

-1,204.5

-8,625.1

>100

-1,729.9

Cash flow from financing activities

1,402.0

9,161.5

>100

402.6

Total cost of maintenance, modernization and new construction

1,360.0

1,355.1

-0.4

1,935.9

thereof for maintenance expenses and capitalized maintenance

399.1

453.5

13.6

592.0

thereof for modernization

659.7

547.8

-17.0

908.4

thereof for new construction

301.2

353.8

17.5

435.5

Key Balance Sheet Figures in € million

Dec. 31, 2020

Sep. 30, 2021

Change in %

Fair value of the real estate portfolio**

58,910.7

95,378.7

61.9

EPRA NTA**

35,488.6

40,417.9

13.9

EPRA NTA per share in €*/**

62.71

70.26

12.0

LTV (%)**

39.4

44.2

4.8 pp

Non-financial Key Figures

9M 2020

9M 2021

Change in %

12M 2020

Number of units managed

488,400

639,878

31.0

489,709

thereof own apartments**

414,570

568,451

37.1

415,688

thereof apartments owned by others

73,830

71,427

-3.3

74,021

Number of units bought**

154,918

1,711

Number of units sold

2,712

2,987

10.1

3,677

thereof Recurring Sales

1,883

2,367

25.7

2,442

thereof Non-core Disposals

829

620

-25.2

1,235

Number of new apartments completed

1,437

1,366

-4.9

2,088

thereof own apartments

1,056

786

-25.6

1,442

thereof apartments for sale

381

580

52.2

646

Vacancy rate (in %)

2.6

2.7

0.1 pp

2.4

Monthly in-place rent in €/m²

7.07

7.34

3.8

7.16

Organic rent increase (in %)

3.6

3.5

-0.1 pp

3.1

Number of employees (as of Sep. 30/Dec. 31)**

10,564

16,051

51.9

10,622

  1. * Based on the shares carrying dividend rights on the reporting date September 30, 2020: 565,887,299, September 30, 2021: 575,257,327 and December 31, 2020: 565,887,299.
  2. ** 2021 incl. Deutsche Wohnen; Group FFO and profit for the period incl. effects of accounting for Deutsche Wohnen using the equity method.