Business Immo, the real estate website

Rolf Buch

Career 09/09/2020

Méka Brunel becomes the first woman president of EPRA

The European Public Real Estate Association (EPRA) has announced that Méka Brunel, Managing Director of Gecina, is taking over the presidency of the professional body (...)

Listed 10/12/2019

German Vonovia wins 95% of Sweden's Hembla, to extend bid to 8 January

German housing giant Vonovia is to make a last extension to 8 January of its takeover offer for Sweden's Hemblaafter the latest expired with 95.3% of shareholders (...)

Listed 25/11/2019

German Vonovia hints seeks more in Sweden after €1.2bn Hembla success

Germany Vonovia intends to invest more in Hembla after winning 72.3% of shareholder support for its €1.15bn bid, and hinted it seeks other opportunities (...)

Housing 18/11/2019

German Vonovia to publish full offer for Swedish Hembla in €1.2bn deal

Germany's Vonovia expects to publish its mandatory public offer for all shares in Swedish housing firm Hembla this month after it won official clearance (...)

Listed 23/09/2019

Germany's Vonovia pays €1.14bn for majority in Sweden's Hembla, intends takeover

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 (...)

Housing 02/08/2019

Vonovia launches '1,000 Roofs' photovoltaic program to target older stock

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 (...)

Listed 02/08/2019

Germany's Vonovia 1H FFO rises 13% to €609m, stresses social commitments

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 (...)

Housing 16/05/2019

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 (...)

Listed 10/05/2019

Vonovia 1Q FFO jumps 20% helped by Buwog, Victoria Park

Germany's Vonovia, the world's largest private sector housing landlord, reported a 20%yy jump in first quarter FFO to €303.6m, helped by acquisitions in Austria and (...)

Housing 07/03/2019

Vonovia still eyeing France, Sweden, NL - keen to grow outside Germany

German residential giant Vonovia is keen to grow beyond Germany, especially in France, Sweden and the Netherlands, and is at pains to combat European public doubts (...)

Listed 07/03/2019

Germany's Vonovia grows 2018 FFO 15.8% to €1.1bn, expects further 2019 rise

The world's largest private housing group, Germany's Vonovia, for 2018 reported a 15.8% increase in FFO to €1.07bn, and expects to boost this as high (...)

Listed 04/02/2019

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 (...)

Housing 06/12/2018

Germany's Vonovia to cut energy investments 40% after tenant rental concerns

German listed housing giant Vonovia is cutting its investments in energy modernisation in apartments by 40% due to tenant concerns over the resulting rental (...)

Housing 12/10/2018

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 – (...)

Housing 10/10/2018

France's CDC, backed by Germany's Vonovia, said winner of SNCF housing at €1.4bn

With a near €1.4bn bid, France's CDC Habitat, backed by two state pension funds and Germany's Vonovia, has won the 4,000-unit housing portfolio sold (...)

Finance 10/09/2018

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 (...)

Listed 05/09/2018

Germany's Vonovia buys Starwood out of Sweden's Victoria Park

German listed housing firm Vonovia has acquired the US Starwood Capital Group's full stake in Sweden's Victoria Park at its original offer price, taking (...)

Listed 05/09/2018

Listed housing firms such as Vonovia to boom in Europe – EPRA

Publicly-quoted housing firms like Germany's giant Vonovia will boom in Europe as policymakers grapple with soaring demand, EPRA executives say. Markets in Netherlands and (...)

Listed 31/08/2018

Vonovia raises 1H FFO 11% to €510m, now manages 404,000 residential units

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 (...)

Housing 04/05/2018

Vonovia in €1bn equity raise to fund Swedish bid, increases 2018 guidance

German listed housing group Vonovia has raised nearly €1bn in an accelerated private placement to help finance its near-€900m takeover offer for Sweden's Victoria Park. It (...)