Vonovia remains well on track and has gained a further € 1.8 billion in liquidity. After reporting € 1.5 billion with its H1 2024 results on Aug 1, 2024, Vonovia had announced that further sales would be completed in the fall.

Vonovia SE (“Vonovia”) concluded the first half of 2024 with a robust operating result. The key performance indicators of the Bochum-based Group developed as anticipated, confirming the upper-end figures of its full-year guidance. The revaluation of Vonovia’s portfolio was €82.5 billion and therefore only slightly below the year-end level of 2023, confirming expectations of a market recovery.

The eighth year in succession shareholders of Vonovia SE (“Vonovia”) had the choice between scrip dividend and cash dividend. Dividends were distributed within the subscription period in the form of new company shares for 30.93% of dividend-bearing shares, thus leaving around €227 million within the company. 8,207,927 new shares will be issued, so that the total number of Vonovia shares is set to increase to 822,852,925.

Among shareholders of Vonovia SE (“Vonovia”), the scrip dividend is once again a suitable alternative to the cash option this year. For 44.87 % of shares carrying dividend rights, a distribution in the form of new shares has been opted for within the subscription period.

13 Colombian employees at Vonovia, Germany’s leading housing company, have received official recognition of equivalence as “Electronics Engineers for Building and Infrastructure Systems” from the Hanover Chamber of Industry and Commerce.