Increasing demand for sustainable building materials
Attention drawn to energy-efficient modernization measures has an impact on the public perception of Vonovia (e.g., modernization cost allocation)
Tenant-landlord dilemma can stand in the way of investments
Opportunities
Building a reputation by maintaining and providing attractive housing
Risks
Cost-effective implementation of construction measures hindered by the scarcity of craftsmen’s capacities and an increase in construction costs as a result of the construction boom in recent years
Construction measures taking longer to implement and becoming more expensive due to drawn-out construction approval procedures
Insufficient information regarding the materials used in construction or the implementation of construction regulations
More stringent construction and tenancy law provisions
Increase in construction costs due to mounting requirements for senior-friendly homes
Increase in cost of building materials with regard to sustainability requirements
Lack of tenant acceptance for construction measures
