Vonovia’s half-year FFO 1 rose by 18% to €457.7m, on the back of positive core business development and the conwert acquisition. Rental income from property management came in at €833.2m from €774.4m a year ago. Vacancy rate increased by 100 bps on a yearly basis, to 2.9%. EPRA NAV stood at €39.25 per share from €29.34 yoy. Portfolio value accounted for €30bn, up by 13.7% from FY 16. For FY17, management confirmed its FFO, previously predicted in Q1 17 at a
09 Aug 2017
H1 driven by organic growth
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H1 driven by organic growth
Vonovia SE (VNA:WBO) | 0 0 1.3% | Mkt Cap: 18,016m
- Published:
09 Aug 2017 -
Author:
Alda Kule Dale -
Pages:
2
Vonovia’s half-year FFO 1 rose by 18% to €457.7m, on the back of positive core business development and the conwert acquisition. Rental income from property management came in at €833.2m from €774.4m a year ago. Vacancy rate increased by 100 bps on a yearly basis, to 2.9%. EPRA NAV stood at €39.25 per share from €29.34 yoy. Portfolio value accounted for €30bn, up by 13.7% from FY 16. For FY17, management confirmed its FFO, previously predicted in Q1 17 at a