Shares in Vonovia

Vonovia’s share price rose by around 17% in the first three months of 2019. Bolstered both by the ECB’s decision not to lift its key rates until at least the end of the year and by the publication of our Annual Report for 2018, our share once again made considerable gains, touching on a new all-time high of € 47.28 in the meantime.

In the first quarter, Vonovia’s share significantly outperformed Germany’s leading index, the DAX (+9%), and the Europe Index (+13%).

We believe that the environment for the German residential real estate sector will remain positive in general. In our view, the main drivers behind this will be the imbalance between high demand for, and a short supply of, affordable housing in urban locations, the continued keen interest in German residential real estate and the ongoing favorable interest rate environment.

Vonovia’s market capitalization amounted to € 23.9 billion at the end of the first quarter of 2019.

Share Price Development

Share Price Development (Line chart)
Share Information




First day of trading


July 11, 2013

Subscription price


€ 16.50

Total number of shares



Share capital in €


€ 518,077,934







Ticker symbol



Common code:



Share class


Registered shares with no par value

Stock exchange


Frankfurt Stock Exchange

Market segment


Regulated market (Prime Standard)

Indices & weighting March 31, 2019


DAX (2.3%)
Stoxx Europe 600 (0.3%)
MSCI Germany (2.1%)
GPR 250 World (1.8%)
FTSE EPRA/NAREIT Europe Index (10.0%)
GPTMS150 (2.7%)




EPRA (European Public Real Estate Association)
The European Public Real Estate Association (EPRA) is a non-profit organization that has its registered headquarters in Brussels and represents the interests of listed European real estate companies. Its mission is to raise awareness of European listed real estate companies as a potential investment destination that offers an alternative to conventional investments. EPRA is a registered trademark of the European Public Real Estate Association.