Vonovia SE (“Vonovia”) has returned to a strong trajectory, returning to its pre-crisis momentum. The first nine months of 2025 show strong business performance, with all key financial indicators rising. The company has confirmed its increased guidance for 2025 and expects EBITDA growth of around €200 million for 2026.

Vonovia SE (“Vonovia”) today successfully placed three tranches of Eurobonds with a total volume of EUR 2.25 billion and maturities of 7, 11 and 15 years on the capital market. The bonds, with an average coupon of 3.96%, were oversubscribed 3.4 times.

Vonovia SE, Europe’s leading residential property company, is celebrating two anniversaries this year: a decade of significantly shaping the housing market under the Vonovia name and ten successful years as a member of Germany’s flagship index, the DAX.

Vonovia SE, EnerCube GmbH and DFA Demonstrationsfabrik Aachen GmbH have entered into a strategic partnership to advance the series production of an innovative heat pump system for apartment buildings, called Heat Pump Cube. Under the banner “Shaping the heating transition – innovation in series production”, over 1,000 Cubes are to be built in Aachen by the end of 2029 and then installed in Vonovia neighbourhoods across Germany. This enables over 20,000 residential units to be heated without the use of fossil fuels in the future.

At the start of the new training year, Vonovia SE (“Vonovia”) is welcoming 316 young people who are taking up apprenticeships in various commercial, technical and skilled trades programmes. In addition, five students from work-study degree programmes are starting their careers in various specialist areas at Europe’s leading residential real estate company. Moreover, Vonovia has successfully recruited 25 female trainees and thus 47 per cent more women for careers in skilled trades than in 2024.

Vonovia SE (“Vonovia”) held its Annual General Meeting today. The shareholders resolved to pay a dividend of €1.22 per share (2023: €0.90) for the 2024 financial year, as proposed by the Supervisory Board and the Management Board. This represents an increase of around 36% compared with the previous year and underlines the company’s successful trajectory. As in previous years, shareholders can choose between scrip dividends and traditional cash dividends.