VNNVF - Vonovia SE
| Previous Close | 17.77 |
| Open | 17.77 |
| Bid | 0.00 x 0 |
| Ask | 0.00 x 0 |
| Day's Range | 17.77 - 17.77 |
| 52 Week Range | 17.00 - 38.40 |
| Volume | |
| Avg. Volume | 1,519 |
| Market Cap | 14.441B |
| Beta (5Y Monthly) | 0.77 |
| PE Ratio (TTM) | N/A |
| EPS (TTM) | -3.42 |
| Earnings Date | N/A |
| Forward Dividend & Yield | 0.92 (4.90%) |
| Ex-Dividend Date | May 18, 2023 |
| 1y Target Est | N/A |
ReutersMore shareholders back audit of Deutsche Wohnen loan to Vonovia
Proxy adviser Glass Lewis backs a call by activist investor Elliott for a special investigation into a loan that German property company Deutsche Wohnen made to its top shareholder Vonovia. The recommendation, seen by Reuters, raises pressure on the board and supervisory board of Deutsche Wohnen before its shareholder meeting on June 15 after Institutional Shareholder Services (ISS) also supported the call on Tuesday. In 2021, Vonovia completed the takeover of rival Deutsche Wohnen to create a property group with more than 500,000 apartments.
BloombergISS Backs Elliott Push for Special Audit on Deutsche Wohnen Loan
(Bloomberg) -- Institutional Shareholder Services Inc. is backing Elliott Investment Management’s call for a special audit of real estate firm Deutsche Wohnen SE’s loan to its controlling shareholder, its second recent move to support activist proposals in Germany.Most Read from BloombergWinklevoss Twins Attempt Pivot After Gemini Loses Money and EmployeesPutin Orders Tighter Defenses After Drone Strikes on MoscowMcCarthy Confident on Debt Vote Despite Hard-Line Ouster ThreatStock Rally Loses St
ReutersProxy adviser ISS backs investigation into Deutsche Wohnen loan to Vonovia
Proxy adviser Institutional Shareholder Services (ISS) backs a call by activist investor Elliott for a special investigation into a loan that German property company Deutsche Wohnen made to its top shareholder Vonovia, it said on Tuesday. "While there is currently no clear and irrefutable evidence of wrongdoing by members of the management and supervisory boards in connection with the loan agreement, the conduct of the boards in the context of Vonovia's takeover raises legitimate concerns about potential conflicts of interest and breach of fiduciary responsibilities," ISS said in a research report.
Simply Wall St.Here's Why We're Wary Of Buying Vonovia's (ETR:VNA) For Its Upcoming Dividend
Vonovia SE ( ETR:VNA ) stock is about to trade ex-dividend in three days. The ex-dividend date is one business day...
- Reuters
UPDATE 1-Vonovia sells properties to CBRE for 560 million euros
Vonovia sold five properties to CBRE Investment Management for about 560 million euros ($620.4 million) on Thursday, as high interest rates and the surging cost of construction and energy weigh on property values. Two of the five properties, with a total 1,350 residential units, are in the final stages of construction, with completion expected by the end of August. The sale price is below the book value of the properties as of the end of December and the expected costs of completion, which stood at 600 million euros, Vonovia said.
- Reuters
Vonovia sells properties to CBRE for 560 million euros
Vonovia sold five properties with 1,350 residential units to CBRE Investment Management for around 560 million euros ($620.4 million), the German real estate group said as it reported quarterly results on Thursday. As a result of the transactions, Vonovia said it would be able to cover this year's refinancing needs in full, as well as a main part of the refinancing due in 2024. It also reported quarterly financial results, with group funds from operations (FFO) down 17.8% at 462.6 million euros due to higher interest rates and rising costs for construction and energy.
ReutersVonovia to sell 1 billion eur stake in residential portfolio to Apollo
BERLIN (Reuters) -Vonovia has agreed to sell a minority stake in its Suedewo residential portfolio to U.S. investor Apollo for 1 billion euros ($1.10 billion), Germany's largest real estate group said on Thursday. The transaction could have a signal effect on the struggling German real estate market, where hardly any major sales have occurred in recent months in the face of high interest rates and falling real estate prices. The transaction values the Suedewo portfolio in the southwestern state of Baden-Wuerttemberg at 3.3 billion euros, which is a discount of less than 5% to Suedewo's fair value as of December 31, Vonovia said.
- Simply Wall St.
A Look At The Fair Value Of Vonovia SE (ETR:VNA)
Key Insights Using the 2 Stage Free Cash Flow to Equity, Vonovia fair value estimate is €19.06 Vonovia's €19.14 share...
- Simply Wall St.
Vonovia (ETR:VNA) investors are sitting on a loss of 46% if they invested three years ago
Many investors define successful investing as beating the market average over the long term. But its virtually certain...
- Simply Wall St.
Vonovia SE (ETR:VNA) is a favorite amongst institutional investors who own 59%
If you want to know who really controls Vonovia SE ( ETR:VNA ), then you'll have to look at the makeup of its share...
ZacksIs Vonovia (VONOY) Stock Undervalued Right Now?
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
ZacksJones Lang LaSalle (JLL) Sets Financial Target for 2025
The swift adoption of technology and an increased focus on sustainability are likely to aid Jones Lang's (JLL) long-term growth. It sets the 2025 fee revenue target between $10 billion and $11 billion.
- Simply Wall St.
Vonovia Third Quarter 2022 Earnings: EPS: €0.42 (vs €2.04 in 3Q 2021)
Vonovia ( ETR:VNA ) Third Quarter 2022 Results Key Financial Results Revenue: €1.68b (up 58% from 3Q 2021). Net income...
- Simply Wall St.
Estimating The Intrinsic Value Of Vonovia SE (ETR:VNA)
Today we will run through one way of estimating the intrinsic value of Vonovia SE ( ETR:VNA ) by taking the forecast...
ReutersGermany's largest landlord maintains right to evict even as energy bills explode
In a step-by-step model, the company would reach out individually to the tenant to look for a solution for late payment, including informing them about how to obtain state aid, with an eviction notice seen as a last resort. Vonovia Chief Executive Rolf Buch has said that he expects rising energy prices to cost tenants up to two months' rental fees per year. Buch told Reuters on Tuesday that the company had no interest in people losing their apartment and eviction would only be considered for tenants unwilling to talk to the firm.
ReutersVonovia to sell properties, consider new investors
DUESSELDORF, Germany (Reuters) -Vonovia, Germany's largest residential landlord, is considering a range of measures to secure access to capital as interest rates rise, including property sales and joint ventures, it said on Wednesday. It has earmarked 13 billion euros ($13.2 billion) worth of properties for sale and is looking into the possibility of new investors who could invest in its real estate portfolios, it said. It also said it was under no time pressure to agree joint venture partnerships with investors.
BloombergPutin Is Set to Halt Gas and Germany Fears It’s Not Coming Back
(Bloomberg) -- Most Read from BloombergElon’s OutTrump Lashes Out at Elon Musk and ‘Rotten’ Twitter DealPutin’s New Weapon of Mass Disruption: Kazakh OilWho Shot Shinzo Abe and Why? Everything We Know So FarBiden’s Quest for Saudi Oil Faces Reality-Check of Slim CapacityOn calendars in Germany’s industrial heartland and the halls of power in Berlin, July 11 has been marked in red for weeks.When the main conduit for Russian gas to Europe goes down for 10-day maintenance on Monday, Germany and its