- CEO
- Luka Mucic
- Full Time Employees
- 12,306
- Sector
- Real Estate
- Industry
- Real Estate - Services
- Address
- Universitätsstrasse 133 Bochum Germany 44803
- IPO Date
- Oct 31, 2013
- Business
- Vonovia SE Vonovia SE is Europe's leading private residential real estate company focused on the development, rental, and management of modern, energy-efficient housing units across Germany, Sweden, and Austria. The Bochum-based company, founded in 1998 and listed on the stock exchange since 2013, owns approximately 533,000 residential units and manages around 73,000 additional apartments, with a portfolio valued at roughly €82.3 billion; it operates through three core segments including Rental, Value-add Business, and Sales, offering comprehensive services such as property management, maintenance and modernization of residential properties, craftsmen and residential environment organization, condominium administration, cable TV, metering, energy supply, insurances, in-house renovation, digital services, innovative energy solutions, gardening and landscaping, project development, property sales, and third-party property management. Vonovia emphasizes sustainability in its growth strategy targeting 2028, with plans to strengthen Value-add, Development, and Recurring Sales segments through serial modernization, modular new construction, and modern heating infrastructure while aiming for climate-neutral buildings by 2045 and annual investments rising to €2 billion by 2028 at a sustainable 7.1% return. Recent developments include the approval of a domination and profit-and-loss transfer agreement with Deutsche Wohnen SE in January 2025 to enhance operational flexibility and integration; a September 2024 agreement with Apollo to form a joint company holding 20% of Deutsche Wohnen shares, generating over €1 billion in cash inflow for Vonovia; acquisitions of land and property management units from QUARTERBACK Immobilien Group totaling €1.3 billion closed in early 2025 plus planned €0.2 billion more; sales of development properties to HIH Invest funds for around €1.1 billion while retaining equity stakes; disposal of 27 nursing homes for over €300 million and the Katharinenhof care business; a January 2025 acquisition of PFLEGEN & WOHNEN HAMBURG GmbH comprising 13 nursing homes for €380 million sold to the City of Hamburg; a November 2025 framework agreement with OXG for optical fibre expansion; dynamic financial growth in the first nine months of 2025 with adjusted EBITDA up €175 million, customer satisfaction at record highs, and confirmed full-year guidance at the upper end alongside €200 million EBITDA growth projected for 2026.