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 EPRA 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
|
|
|
First day of trading |
|
July 11, 2013 |
|---|---|---|
Subscription price |
|
€ 16.50 |
Total number of shares |
|
518,077,934 |
Share capital in € |
|
€ 518,077,934 |
ISIN: |
|
DE000A1ML7J1 |
WKN: |
|
A1ML7J |
Ticker symbol |
|
VNA |
Common code: |
|
94567408 |
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%) |
|
|
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