Vonovia SE - Company Profile
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Business Description
Vonovia SE (Vonovia) is a real estate company. It carries out the development, refurbishment, modernization, and management of small- and medium-sized apartments. Vonovia also manages garages, parking spaces, and commercial units. The company operates through five reportable business segments: Rental, Recurring Sales, Value-Add, Development, and Nursing Business. As of December 2022, the company invested and managed 548,524 residential units in Germany, Austria, and Sweden. It also operated 164,330 garages and parking spaces and 8,838 commercial units. Vonovia also managed 72,779 residential units are for other owners. It has operations in 628 cities, towns and municipalities in Germany, Austria and Sweden. The company’s portfolio is spread across 34.3 million sq. mt.
Business Segments
Overview
Develops new residential buildings. Includes a complete value chain, from purchase of land without any development plan to completion of new buildings.
Performance
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Overview
Carries out real estate sales and disposals of individual condominiums and single-family houses from its property portfolio.
Performance
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Overview
Offers leasing of nursing care properties.
Performance
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Overview
Includes disposals of non-core assets.
Performance
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Overview
Carries out management and investment of properties in Germany, Austria and Sweden. Provides affordable homes to tenants.
Performance
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Overview
Provides property related services such as maintenance and modernization services; upkeep and maintenance of the residential properties; provision of a cable TV connection to tenants; condominium administration for company’s owned apartments and also for third parties and metering services for measuring the consumption of water and heating. Also, includes new construction activities, condominium administration business and insurance business.
Performance
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Geographical Segments
Performance
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Performance
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Performance
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Performance
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Performance
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