Factsheet

as of May 4, 2023

graphic

Company Profile

Vonovia SE is Europe’s leading private residential real estate company. Vonovia currently owns more than 549,000 residential units in all attractive cities and regions in Germany, Sweden and Austria. It also manages around 72,800 apartments. Its portfolio is worth approximately € 95 billion. As a modern service provider, Vonovia focuses on customer orientation and tenant satisfaction. Offering tenants affordable, attractive and livable homes is a prerequisite for the company’s successful development. Therefore, Vonovia makes long-term investments in the maintenance, modernization and senior-friendly conversion of its properties. The company is also creating more and more new apartments by realizing infill developments and adding to existing buildings.

The company, which is based in Bochum, has been listed on the stock exchange since 2013. Since September 2015 Vonovia has been a constituent in the DAX 30 (today DAX 40) and since September 2020 in the EURO STOXX 50. Vonovia SE is also a constituent of additional national and international indices, including DAX 50 ESG, Dow Jones Sustainability Index Europe, STOXX Global ESG Leaders, EURO STOXX ESG Leaders 50, FTSE EPRA/NAREIT Developed Europe, and GPR 250 World. Vonovia has a workforce of approximately 15,900 employees.

Management Board

Rolf Buch (Chairman of the Management Board); Arnd Fittkau; Philip Grosse; Daniel Riedl; Helene von Roeder

Supervisory Board

Jürgen Fitschen; Prof Dr. Edgar Ernst; Vitus Eckert; Jürgen Fenk; Dr. Florian Funck; Dr. Ute Geipel-Faber; Matthias Hünlein; Daniel Just; Hildegard Müller; Dr. Ariane Reinhart; Clara-Christina Streit; Christian Ulbrich

Share Information (as of March 31, 2023)

Share Information (as of March 31, 2023)

First day of trading

July 11, 2013

Subscription price

€ 16.50 | € 14.71*

Total number of shares

795,849,997

Share capital

€  795,849,997

ISIN

DE000A1ML7J1

WKN

A1ML7J

Ticker symbol

VNA

Common code

94567408

Share class

Registered shares with no par value

Stock exchange

Frankfurt Stock Exchange

Market segment

Regulated market

Indices

DAX 40, EURO STOXX 50, DAX 50 ESG, Dow Jones Sustainability Index Europe, STOXX Global ESG Leaders, EURO STOXX ESG Leaders 50, FTSE EPRA/NAREIT Developed Europe and GPR 250 World

  1. *TERP-adjusted.

Financial Calendar

May 4, 2023

Publication of the interim statement for 3M 2023

May 17, 2023

Ordinary Annual General Meeting of Vonovia SE

August 4, 2023

Publication of the interim financial report for 6M 2023

November 3, 2023

Publication of the interim statement for 9M 2023

Key Figures

Key Figures

Financial Key Figures* in € million

3M 2022

3M 2023

Change in %

12M 2022

Total Segment Revenue

1,629.0

1,430.7

-12.2

6,256.9

Adjusted EBITDA Total

728.7

657.1

-9.8

2,763.1

Adjusted EBITDA Rental

551.2

579.7

5.2

2,233.5

Adjusted EBITDA Value-add

50.3

26.4

-47.5

126.7

Adjusted EBITDA Recurring Sales

44.0

21.8

-50.5

135.1

Adjusted EBITDA Development

60.9

11.7

-80.8

183.2

Adjusted EBITDA Care

22.3

17.5

-21.5

84.6

Group FFO

563.1

462.6

-17.8

2,035.6

thereof attributable to non-controlling interests

18.6

18.8

1.1

91.3

Group FFO after non-controlling interests

544.5

443.8

-18.5

1,944.3

Group FFO per share in €**

0.73

0.58

-20.5

2.56

Income from fair value adjustments of investment properties

404.8

-3,612.2

-1,269.8

EBT

109.6

-3,184.0

-732.7

Profit for the period

58.3

-2,088.1

-669.4

Cash flow from operating activities

513.8

516.4

0.5

2,084.3

Cash flow from investing activities

1,716.6

-61.1

938.2

Cash flow from financing activities

-138.7

-460.3

>100

-3,145.1

Total cost of maintenance, modernization and new construction

510.2

341.0

-33.2

2,300.7

thereof for maintenance expenses and capitalized maintenance

172.5

166.3

-3.6

856.2

thereof for modernization

188.5

124.5

-34.0

837.4

thereof for new construction

149.2

50.2

-66.4

607.1

Key Balance Sheet Figures/Financial Covenants
in € million

Dec. 31, 2022

Mar. 31, 2023

Change in %

Fair value of the real estate portfolio

94,694.5

91,241.3

-3.6

EPRA NTA

45,744.5

42,779.3

-6.5

EPRA NTA per share in €**

57.48

53.75

-6.5

LTV (%)

45.1%

46.6%

1.5 pp

Net Debt/EBITDA

15.8x

16.1x

0.3x

ICR bond covenants

5.5x

4.9x

-0.6x

Non-financial Key Figures*

3M 2022

3M 2023

Change in %

12M 2022

Number of units managed

622,930

618,951

-0.6

621,303

thereof own apartments

550,496

548,368

-0.4

548,524

thereof apartments owned by others

72,434

70,583

-2.6

72,779

Number of units bought

889

63

-92.9

969

Number of apartments sold

16,414

663

-96.0

19,760

thereof Recurring Sales

700

282

-59.7

2,710

thereof Non Core/other

15,714

381

-97.6

17,050

Number of new apartments completed

777

779

0.3

3,749

thereof own apartments

266

675

>100

2,071

thereof apartments for sale

511

104

-79.6

1,678

Vacancy rate (in %)

2.4

2.2

-0.2 pp

2.0

Monthly in-place rent in €/m²

7.40

7.54

1.9

7.49

Organic rent increase (in %)

3.9

3.4

-0.5 pp

3.3

Number of employees (as of March 31/December 31)

15,900

15,924

0.2

15,915

  1. *Previous year's figures 2022 comparable according to current key figure definition/segmentation 2023.
  2. **Based on the shares carrying dividend rights on the reporting date.
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