Portfolio Information

Vonovia manages its own real estate portfolio with a of € 41.7 billion as of June 30, 2018. The vast majority of our apartments are located in regions with positive economic and demographic development prospects.

Portfolio Structure

 

 

Fair value*

 

 

 

 

June 30, 2018

 

(in € million)

 

(in €/m2)

 

Residential units

 

Vacancy (in %)

 

In-place rent (in €/m2)

 

 

 

 

 

 

 

 

 

 

 

Strategic

 

34,396.3

 

1,565

 

343,309

 

2.6

 

6.42

Operate

 

12,976.2

 

1,546

 

126,039

 

2.6

 

6.54

Invest

 

21,420.1

 

1,577

 

217,270

 

2.6

 

6.35

Privatize

 

1,477.3

 

1,593

 

13,183

 

4.1

 

6.22

Sell

 

586.0

 

864

 

10,167

 

5.1

 

5.34

Vonovia Germany

 

36,459.6

 

1,546

 

366,659

 

2.7

 

6.38

 

 

 

 

 

 

 

 

 

 

 

Vonovia Austria

 

2,468.3

 

1,299

 

23,215

 

4.2

 

4.56

Vonovia Sweden

 

1,599.0

 

1,462

 

14,052

 

1.4

 

8.83

Breakdown of Strategic Housing Stock by Regional Market**

 

 

Fair value*

 

 

 

 

June 30, 2018

 

(in € million)

 

(in €/m2)

 

Residential units

 

Vacancy (in %)

 

In-place rent (in €/m2)

*

Fair value of the developed land excluding € 1,205.4 million, of which € 461.7 million for development, € 329.4 million for undeveloped land, € 15.1 million for inheritable building rights granted, € 251.9 million for assets under constructions and € 147.3 million for other.

**

With regard to the residential real estate market, regional markets are largely similar metropolitan areas based on the definition of the German Federal Institute for Research on Building, Urban Affairs and Spatial Development (BBSR). In addition to the strategic housing stock, they also include stocks for privatization in strategic locations.

 

 

 

 

 

 

 

 

 

 

 

Regional market

 

 

 

 

 

 

 

 

 

 

Berlin

 

6,327.9

 

2,183

 

44,010

 

1.9

 

6.46

Rhine Main Area

 

3,650.4

 

2,022

 

27,821

 

2.4

 

7.83

Rhineland

 

3,376.2

 

1,650

 

29,699

 

3.0

 

6.91

Southern Ruhr Area

 

3,124.4

 

1,140

 

43,836

 

3.4

 

5.76

Dresden

 

2,980.0

 

1,275

 

38,576

 

2.8

 

5.88

Hamburg

 

2,347.6

 

1,796

 

20,095

 

1.7

 

6.80

Munich

 

1,901.7

 

2,900

 

9,695

 

0.9

 

7.88

Stuttgart

 

1,825.9

 

1,989

 

14,116

 

1.9

 

7.65

Kiel

 

1,815.6

 

1,289

 

23,475

 

2.0

 

6.00

Hanover

 

1,510.9

 

1,448

 

16,261

 

2.8

 

6.31

Northern Ruhr Area

 

1,442.1

 

873

 

26,394

 

3.6

 

5.49

Bremen

 

1,036.1

 

1,365

 

12,090

 

3.5

 

5.54

Leipzig

 

808.5

 

1,303

 

9,166

 

5.1

 

5.85

Westphalia

 

723.2

 

1,164

 

9,475

 

2.5

 

5.77

Freiburg

 

554.1

 

1,984

 

4,044

 

1.7

 

7.12

Other strategic locations

 

2,347.7

 

1,359

 

26,648

 

2.8

 

6.40

Total strategic locations Germany

 

35,772.3

 

1,567

 

355,401

 

2.7

 

6.41

Austria

 

2,468.3

 

1,299

 

23,215

 

4.2

 

4.56

Sweden

 

1,599.0

 

1,462

 

14,052

 

1.4

 

8.83

Housing Stock by Regional Market

Number of Units – 403,926

Housing Stock by Regional Market – Number of Units – Germany (Map)
Housing Stock by Regional Market – Number of Units – All Regions (Map)
Fair Value
Valuation pursuant to IAS 40 in conjunction with IFRS 13. The estimated value of an asset. The fair value is the amount for which an asset could be exchanged between knowledgeable, willing parties in an arm’s length transaction.