Shares in Vonovia

After a volatile first quarter and a low of € 38.60 reached on March 18, 2020, the price of Vonovia’s shares rose by a total of 24.5% in 2020 to € 59.76. On September 2, 2020, Vonovia reached a new all-time high of € 62.74 (intraday). At the end of the year, the company’s shares had gained 24.5% year-on-year, clearly outperforming the relevant benchmark indices such as the DAX 30, FTSE EPRA/NAREIT Europe, MSCI Germany and EURO STOXX 50, which closed the year either with slight gains, as with the DAX (3.5%) and the MSCI Germany (0.1%), or with losses, as with the EPRA (-10.7%) and the EURO STOXX 50 (-4.7%).

Vonovia’s shares reached their highest closing price of € 62.22 on September 2, 2020, and their annual low of € 38.60 on March 18, 2020.

Vonovia’s market capitalization amounted to around € 33.8 billion as of December 31, 2020.

Share Price Development

As a residential real estate company, Vonovia’s operating business is only marginally affected by the coronavirus pandemic. Particularly on the demand and the resulting income side, we still do not expect the crisis to have any impact to speak of. Rather, the main long-term megatrends will remain the dominant forces driving our business: urbanization and the resulting imbalance between supply and demand as well as climate change and the reduction of CO₂ emissions in the housing stock. Other key factors include demographic change and senior-friendly apartment conversion. We are optimistic as we look ahead to the future and are confident that we will remain financially successful.

The average trading volume for shares in Vonovia SE, expressed as the number of shares traded on XETRA, rose from an average daily trading volume of 1.46 million shares in 2019 to 1.64 million shares in 2020. Expressed in euros, shares in Vonovia worth € 86 million were traded every day on average in 2020, a figure that was up by 30% on 2019.

New Index Memberships: Vonovia SE Member of the EURO STOXX 50, DAX 50 ESG and DJSI Europe

Vonovia SE was included in the European blue chip stock index EURO STOXX 50 effective September 18, 2020. Vonovia is the only real estate asset currently in Europe’s leading index, as well as the first residential real estate asset overall.

The basis for the classification is the free float market capitalization based on the closing price at the end of August 2020. Seven years after its initial listing in July 2013 (approximately € 0.4 billion) and five years after its promotion to the DAX 30 (approximately € 13 billion), Vonovia’s free float market capitalization has increased to more than € 30 billion.

Vonovia has been a member of various sustainability indices since 2020, in particular the DAX 50 ESG and the Dow Jones Sustainability Index (DJSI Europe), which confirms Vonovia’s ESG activities and the progress made in this area.

Long-term Yield

An investor who bought shares in Vonovia when the company went public in 2013 and has held them ever since, reinvesting each dividend in more shares in Vonovia, will have seen the value of their securities deposit account increase by 305% by December 31, 2020, achieving a result that far outstrips the performance of a corresponding investment in the benchmark indices.

Yield since Vonovia IPO