49 Subsequent Events

In January 2017, Vonovia placed two fixed-rate notes, each with a volume of € 500 million, which will mature on January 25, 2022 and January 25, 2027 respectively, via Vonovia Finance B.V. under the EMTN program. The proceeds were used to repay the Taurus financing prematurely on February 14, 2017.

In connection with the voluntary public takeover offer that Vonovia SE made on November 17, 2016 to the shareholders of conwert Immobilien Invest SE, Vienna (conwert), a total of 71.54% of conwert shares were tendered to Vonovia. For information relating to the acquisition, which was completed after the reporting date for the consolidated financial statements, reference is made to note [3] Scope of Consolidation and Business Combinations.

Information on the capital increase, which has been resolved but not completed, of € 339,135.00 in connection with the voluntary public takeover offer made to the shareholders of conwert Invest SE can be found in note [29] Equity.