Portfolio Information

Vonovia manages its own real estate portfolio with a of € 41.9 billion as of September 30, 2018. The majority of our apartments are located in regions with positive economic and demographic development prospects.

Portfolio Structure

 

 

Fair value*

 

 

 

 

 

 

Sept. 30, 2018

 

(in € million)

 

(in €/m2)

 

Residential units

 

Vacancy (in %)

 

In-place rent (in €/m2)**

 

 

 

 

 

 

 

 

 

 

 

Strategic

 

34,666.4

 

1,577

 

343,307

 

2.6

 

6.48

Operate

 

13,051.5

 

1,554

 

126,045

 

2.4

 

6.59

Invest

 

21,614.8

 

1,591

 

217,262

 

2.7

 

6.42

Privatize

 

1,432.6

 

1,595

 

12,767

 

4.0

 

6.27

Sell

 

428.2

 

885

 

7,372

 

5.3

 

5.43

Vonovia Germany

 

36,527.2

 

1,564

 

363,446

 

2.7

 

6.45

 

 

 

 

 

 

 

 

 

 

 

Vonovia Austria

 

2,472.5

 

1,312

 

23,238

 

4.4

 

4.53

Vonovia Sweden

 

1,638.2

 

1,498

 

14,051

 

1.3

 

9.03

Breakdown of Strategic Housing Stock by Regional Market

 

 

Fair value*

 

 

 

 

 

 

Sept. 30, 2018

 

(in € million)

 

(in €/m2)

 

Residential units

 

Vacancy (in %)

 

In-place rent (in €/m2)**

*

Fair value of the developed land excluding € 1,310.7 million, of which € 355.6 million for undeveloped land and inheritable building rights granted, € 269.3 million for assets under construction, € 436.0 million for development and € 249.7 million for other.

**

Figures according to country-specific definition.

***

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

 

6,348.6

 

2,191

 

43,992

 

1.7

 

6.53

Rhine Main Area

 

3,665.3

 

2,034

 

27,766

 

1.6

 

7.90

Rhineland

 

3,390.3

 

1,662

 

29,657

 

2.7

 

6.98

Southern Ruhr Area

 

3,174.5

 

1,158

 

43,798

 

3.6

 

5.83

Dresden

 

3,006.4

 

1,286

 

38,582

 

3.0

 

5.94

Hamburg

 

2,357.9

 

1,806

 

20,065

 

1.7

 

6.85

Munich

 

1,898.5

 

2,902

 

9,670

 

0.9

 

7.95

Stuttgart

 

1,833.3

 

2,000

 

14,097

 

1.9

 

7.72

Kiel

 

1,826.4

 

1,296

 

23,474

 

2.0

 

6.07

Hanover

 

1,527.3

 

1,463

 

16,251

 

3.1

 

6.36

Northern Ruhr Area

 

1,458.9

 

885

 

26,335

 

3.5

 

5.55

Bremen

 

1,049.5

 

1,385

 

12,053

 

3.9

 

5.57

Leipzig

 

811.4

 

1,307

 

9,161

 

3.9

 

5.88

Westphalia

 

736.9

 

1,183

 

9,496

 

3.0

 

5.86

Freiburg

 

556.3

 

1,994

 

4,041

 

1.9

 

7.19

Other strategic locations

 

2,361.7

 

1,369

 

26,611

 

2.8

 

6.46

Total strategic locations Germany

 

36,003.2

 

1,579

 

355,049

 

2.6

 

6.47

Austria

 

2,472.5

 

1,312

 

23,238

 

4.4

 

4.53

Sweden

 

1,638.2

 

1,498

 

14,051

 

1.3

 

9.03

Housing Stock by Regional Market

Number of Units – 400,735

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.