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Michael Zahn

Chief Executive Officer


REITS / Property management

Last update August 30, 2019 | Report an error

Philip Grosse

Chief Financial Officer


Deutsche Wohnen follows 14% 1H FFO rise to €283m with €615m sale to ZBI

Following half-year results showing FFO1 rose by 13.5% to €283.4m, German listed firm Deutsche Wohnen has sold a package of 6,350 housing units to (...)


Berlin's Deutsche Wohnen in voluntary commitment to limit rents rises

Berlin listed housing group Deutsche Wohnen, the epicentre of a citizens’ expropriation campaign, has made a voluntary commitment to limit rents to a maximum of 30% (...)


German firms say private capital is acting responsibly to close housing gap

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 (...)


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 (...)


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, (...)


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 (...)


TLG shareholder drops EGM request aimed to change supervisory board

The largest shareholder of Berlin's listed TLG, Ouram Holding, has withdrawn a request for an extraordinary shareholder meeting, aimed to make deep changes to the (...)


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 (...)


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 (...)

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. (...)


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 (...)


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 (...)