Modern Neighborhood Infrastructure

Management Approach

At Vonovia, we consider our neighborhoods as the key level for action, development as well as a platform for innovation They serve as the nexus between residents' needs and our vision of vibrant cities and communities. To us, a livable neighborhood transcends its mere housing purpose; it is rather it is a place of cohabitation, which provides security, a positive spirit of community and live in that exceeds generations as well as diverse social and cultural boundaries. 

We firmly believe that strengthening ties within the neighborhood and upgrading properties go hand in hand.  In response to the megatrends of urbanization, climate change, and demographic change, we adopt a holistic approach to neighborhood development. We are developing infrastructures that are tailored to the unique cirmustances of each neighborhood and integrate climate protection, structural design and services to meet social needs.

Our strategy is driven by our "urban neighborhoods," which make up around 75% of our German portfolio. These neighborhoods are developed based on clear climate protection requirements and social responsibility criteria. Innovative CO₂ reduction concepts are integral to our strategy, alongside the development of ecologically sustainable living environments and green spaces.

We provide the space for essential services and support social and cultural initiatives. The collective involvement of our tenants in the development processes is crucial. Through collaboration and consultation with local authorities, communities and other institutions, we strive to apply and effectively implement our concepts to generate tangible added value for all stakeholders. 

Our objective is to provide housing that meets people's needs and offers a high level of livability. Specifically, this entails: 

• We design affordable homes by means of vertical expansion, densification and new construction. 
• We conduct our refurbishment activities in a socially responsible fashion harnessing affordable solutions that cater to all income groups.
• We are optimizing the energy requirements of our portfolio and – where necessary – driving the CO₂-neutral change of energy source forward as week as the expansion of photovoltaics in our neighborhoods.
• We rethink and design the residential environment and green spaces in alignment with our principles for biodiversity protection, while also incorporating recreational areas, playgrounds, and holistic mobility concepts.
• We include local suppliers, day-care centers, doctors and social as well as cultural institutions.
• We redesign vacant and/or unused (commercial) spaces, giving them a new lease on life in order to create easily accessible participation opportunities in the neighborhood.
• We promote dialogue with tenants and other stakeholders to build acceptance and ensure all parties have their say. In doing so, we collaborate with local authorities, communities, municipal and social institutions, and engage in discussions with political representatives. 

To accomplish these objectives, we initiate neighborhood development projects in collaboration with cities and municipalities. We implement measures to improve infrastructure and implement integrated energy and urban development concepts.