Germany's giant residential group Vonovia is acquiring a majority stake in Swedish housing firm Hembla from Blackstone for SEK12.23bn (€1.14bn), its second takeover in the nation.
In a move that comes (...)
German housing group Vonovia is launching a program called '1,000 Roofs' to equip its buildings with photovoltaic systems, particularly targeting energy modernisation for older stock.
In its half-year results (...)
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 rose 13.9% (...)
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.
Initiated in early (...)
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 404,000 residential (...)
Europe's largest listed housing company, Germany's Vonovia, is making its first foray outside the German-speaking world, bidding €898m, SEK38 per share, for Sweden's Victoria Park in a recommended offer (...)