Vonovia takes positive stock of the first half of 2018. Following Vonovia’s successful takeover bid to the shareholders of the Swedish housing company Victoria Park AB, Vonovia will now expand its activities on the Swedish housing market.

The implementation of the portfolio modernization investment program is going according to plan, Value-add Business was further expanded, and the integration of BUWOG is moving along well.

Increase in Sustained Earnings


FFO 1 (Bar chart)

Maintenance and Modernization Expanded


Investments (Bar chart)

Organic Rent Growth

Organic Increase in Rent

Organic Increase in Rent (Bar chart)

Vacancy Rate Lowered

Vacancy Rate

Vacancy Rate (Bar chart)

Increase in Net Assets


EPRA NAV (Bar chart)

Growth in Property Assets Following Revaluation and Inclusion of BUWOG and Victoria Park

Fair Value of the Real Estate Portfolio

Fair Value of the Real Estate Portfolio (Bar chart)