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 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 (...)