Business
Vonovia manages GAV of €26bn (including Conwert) in residential assets. Most of the group’s assets are multi-family residences that are distributed across Germany, with properties located in around 770 cities and municipalities. The group’s real estate portfolio covers 21,228,023m² with an average size of 62m². The apartments, which are rented out at €5.89/m² per month on average, include two or three rooms, a kitchen, and a bathroom. Vonovia’s vacancy rate stands at 2.8%.
The group ....
21 Nov 2016
Benefiting from a German-specific resi model
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Benefiting from a German-specific resi model
Vonovia SE (VNA:WBO) | 0 0 1.3% | Mkt Cap: 18,016m
- Published:
21 Nov 2016 -
Author:
Alda Kule Dale -
Pages:
42
Business
Vonovia manages GAV of €26bn (including Conwert) in residential assets. Most of the group’s assets are multi-family residences that are distributed across Germany, with properties located in around 770 cities and municipalities. The group’s real estate portfolio covers 21,228,023m² with an average size of 62m². The apartments, which are rented out at €5.89/m² per month on average, include two or three rooms, a kitchen, and a bathroom. Vonovia’s vacancy rate stands at 2.8%.
The group ....