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DEUTSCHE WOHNEN

G-REIT / Property management

Last update April 29, 2019 | Report an error

Philip Grosse

Chief Financial Officer

Michael Zahn

Chief Executive Officer (CEO)

Housing

Common approach not expropriation fantasies needed to solve Berlin's housing shortage

The initiative Expropriate German Housing & Combat Speculation aims to expropriate private homeowners with more than 3,000 apartments in Berlin. On the agenda are Deutsche Wohnen, (...)

Listed

Greek billionaire Economou becomes 2nd largest shareholder in Germany’s TLG

Greek shipping billionaire George Economou has become the second largest shareholder in Germany's TLG Immobilien after buying nearly 8% from Swiss M&A boutique Bedrock. According to a (...)

Housing

Berlin housing demand brings boom in outskirts, innovative solutions

Because Berlin new-build housing continues to lag demand, more residents are looking toward the 'gravy belt' communities, while developers introduce innovative topping-up solutions. In a combined statement (...)

Finance

Deutsche Wohnen FFO up 11% to €479m, ends 2018 with 167,000 units worth €22bn

Germany's Deutsche Wohnen reported a near-11% surge in 2018 funds from operations to €479.4m, ending with 167,000 residential units valued at over €22bn. The group, which is (...)

Housing

Deutsche Wohnen confirms resi buy from Sweden's Akelius, for €685m

Deutsche Wohnen, Germany's second largest listed housing firm, has confirmed that it is acquiring nearly 3,000 domestic assets from Sweden's Akelius, paying €685m. The German magazine Wirtschaftswoche late last (...)

Listed

Spanish resi developer Neinor posts 2018 €46m net profit, demand strong

Spanish residential developer Neinor Homes reported net profit of €45.99m in 2018, turning round a 2017 loss of €25.93m, and said it continues to see strong demand. "Neinor continues to (...)

Housing

Deutsche Wohnen said eyeing €750m German resi buy from Swedish Akelius

Deutsche Wohnen, Germany's second largest listed housing company, is reported to be preparing to purchase, for some €750m, some 2,800 domestic residential assets from Sweden's Akelius. The (...)

Housing

Union Investment's 16,000 German housing buy from China's CIC said worth €2bn

Germany's Union Investment is nearing a deal to buy about 16,000 domestic housing units from Chinese investor CIC, taking over the company BGP at a reported (...)

Listed

Germany's Vonovia raises €698m with sale of Deutsche Wohnen stake

Bochum-based housing giant Vonovia has raised €698.1m with the sale of its stake in German listed peer Deutsche Wohnen via an accelerated bookbuilding offer to institutions. Made at €41.50 (...)

Listed

Ouram requests TLG extraordinary meeting to change supervisory board

Ouram Holding, the senior minority shareholder in Berlin’s listed real estate firm TLG, has requested an extraordinary shareholder meeting to make major changes to its supervisory (...)

Housing

Foreign ownership in French housing is no cause for concern

The participation of Germany's Vonovia and Zurich's Swiss Life in the winning bid for French SNCF's housing portfolio is good for Europe, good for France – and may (...)

Finance

EPRA delegates rise as investors, analysts seek undervalued assets, M&A

There seems little doubt that the more than 400 delegates to the EPRA conference last week reflected the rising interest in listed real estate due to (...)

Housing

Deutsche Wohnen focuses on rent uplift rather than resi, care expansion

Berlin listed housing firm Deutsche Wohnen aims to exploit rental income potential from its 160,000 housing units, and sees this with more potential than expanding portfolio (...)

Listed

German listed housing firm Deutsche Wohnen raises 1H FFO 13%

German listed Deutsche Wohnen increased FFO by 13% in first half to €248.5m, though group profit fell to €652.7m mainly due to a lower portfolio revaluation, (...)

Health / Senior

Berlin's Deutsche Wohnen acquires 30 nursing facilities for €680m

Berlin's Deutsche Wohnen, Germany's second largest housing group managing 164,000 units has signed agreements to acquire 30 nursing properties totaling around 4,700 care places. The purchase (...)

Housing

Sweden, Netherlands, France, Spain in frame outside Germany - Vonovia CFO

German housing giant Vonovia is looking in detail at four countries outside Germany to grow its residential portfolio: Sweden, The Netherlands, France and Spain, CFO Stefan Kirsten told Bloomberg in (...)

Housing

Berlin's Deutsche Wohnen boosts 2017 net 9% to record €1.8bn, sees further rises

Berlin's Deutsche Wohnen, Germany's second largest housing group managing 163,000 units, said its portfolio appreciated in value by €2.4bn last year and group net rose 9%yy to (...)