102-15, 203-2, 103-2, 103-3, 413-1
Germany’s residential real estate market is currently being shaped by significant migration flows. Particularly in the country’s metropolitan areas, the demand for housing has been exceeding the supply for some time now. This means that rents are constantly rising, particularly for apartments with one to two bedrooms, which are increasingly in demand – also due to demographic change in Germany. But moves to create new homes are making only slow progress. Thanks to our size and our efficiency-based approach, Vonovia is doing its part to help people in Germany continue to find affordable housing.