Environmental Development

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Environmental Developments Relevant to Vonovia’s Business

How We Prepare for Them

Social Change

Environmental Developments Relevant to Vonovia’s Business

The demand for affordable housing is increasing.

How We Prepare for Them

Through efficient property management, we are keeping our costs low so that the rents remain appropriate. At the same time, we build new homes where suitable opportunities emerge.

Environmental Developments Relevant to Vonovia’s Business

Social contrasts are increasing.

How We Prepare for Them

We ensure a pleasant residential neighborhood through active neighborhood management. With new rentals, we pay attention to a “healthy” mix. Through the work of our foundation, we support socially disadvantaged groups.

Demographic Change and Migration

Environmental Developments Relevant to Vonovia’s Business

The share of the older population is growing.

How We Prepare for Them

We are intensifying our efforts to make conversions suitable for the elderly and are investing half a billion euros in this area by 2020.

Environmental Developments Relevant to Vonovia’s Business

More and more people want to move from the countryside to the city.

How We Prepare for Them

Through densification and vertical expansion, we are creating additional living space on our land and in our existing buildings.

Environmental Developments Relevant to Vonovia’s Business

More and more people are moving to Germany.

How We Prepare for Them

We are adapting our services/offers to the needs of our foreign residents. We speak to them in their language and do our part to integrate them into our society.

Regulation

Environmental Developments Relevant to Vonovia’s Business

The legal requirements for the real estate industry are increasing.

How We Prepare for Them

We are engaged in a dialogue with policymakers and participate in deliberations about a feasible simplification of statutory law.

Environmental Developments Relevant to Vonovia’s Business

Energy requirements for real estate are increasing.

How We Prepare for Them

Through efficient practices and with the help of volume advantages we are keeping our maintenance and modernization measures financially affordable.

Environment and Climate

Environmental Developments Relevant to Vonovia’s Business

As a result of climate change, ecological costs are increasing.

How We Prepare for Them

Thanks to our process efficiency, we minimize environmental costs and impacts to the greatest degree possible, e. g., we reduce our fuel consumption significantly through the central procurement of materials and travel optimization.

Environmental Developments Relevant to Vonovia’s Business

Fossil fuels will become scarce over the long term.

How We Prepare for Them

We are reducing energy consumption in our apartments through good insulation and new windows. When installing new heating units, we use modern and resource-conserving technologies.