Bochum-based housing property giant Vonovia reported a 12.9% rise in group FFO for the first half to €609.1m, emphasising its social commitment to tenants, particularly the elderly.
Rental income (...)
Deutsche Wohnen, the main target of Berlin's housing expropriation debate, plus Germany's largest residential owner Vonovia, say private capital is acting responsibly to meet shortages.
Germany's Vonovia has generated €744m in an accelerated bookbuilding equity placement with institutions, increasing the cash raise from the initial €650m target.
The Bochum-based company, the world's (...)
Two German lenders, Landesbank Baden-Württemberg and pbb Deutsche Pfandbriefbank are jointly providing a €500m 10-year loan to German listed housing giant Vonovia.
Pbb said in a release that the funds are being provided (...)
Germany's Vonovia boosted first half funds from operations 11.5% to €510.3m without contributions from its two takeovers, Austria's BUWOG and Sweden's Victoria Park. Including these, it now manages (...)
Testa, the Spanish housing firm owned by creditor banks, REIT/SOCIMI Merlin Properties and Acciona Inmobiliaria, has issued its stock market prospectus targeting capitalisation of €1.83bn at a share price (...)
Spanish REIT/SOCIMI Merlin Properties intends to float housing affiliate Testa Residencial on the stock market before summer to become the nation's first listed residential investor, CEO Ismael Clemente says. Its (...)
Hamburg-based Engel & Völkers Investment Consulting said it accompanied the successful purchase of a residential portfolio by Viennese firm Buwog from London-listed Phoenix Spree Deutschland (PSDL) as part (...)