Key Figures
Financial Key Figures in € million |
H1 2019 |
H1 2020 |
Change in % |
12M 2019 |
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|---|---|---|---|---|---|---|
|
|
|
|
|
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|
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Rental income in the Rental segment |
1,014.8 |
1,132.9 |
11.6 |
2,074.9 |
||
Adjusted EBITDA Total |
872.8 |
942.2 |
8.0 |
1,760.1 |
||
Adjusted EBITDA Rental |
724.0 |
781.4 |
7.9 |
1,437.4 |
||
Adjusted EBITDA Value-add |
75.7 |
67.6 |
-10.7 |
146.3 |
||
Adjusted EBITDA Recurring Sales |
42.4 |
48.1 |
13.4 |
91.9 |
||
Adjusted EBITDA Development |
30.7 |
45.1 |
46.9 |
84.5 |
||
EBITDA IFRS |
811.9 |
877.4 |
8.1 |
1,579.6 |
||
Group FFO |
609.1 |
676.3 |
11.0 |
1,218.6 |
||
thereof attributable to Vonovia shareholders |
582.6 |
648.2 |
11.3 |
1,165.6 |
||
thereof attributable to Vonovia hybrid capital investors |
20.0 |
20.0 |
0.0 |
40.0 |
||
thereof attributable to non-controlling interests |
6.5 |
8.1 |
24.6 |
13.0 |
||
Group FFO per share in € |
1.12 |
1.25 |
11.0 |
2.25 |
||
Income from fair value adjustments of investment properties |
2,258.7 |
1,812.3 |
-19.8 |
4,131.5 |
||
EBT |
901.6 |
2,442.0 |
>100 |
3,138.9 |
||
Profit for the period |
125.3 |
1,618.1 |
>100 |
1,294.3 |
||
Cash flow from operating activities |
774.8 |
613.9 |
-20.8 |
1,555.9 |
||
Cash flow from investing activities |
-82.1 |
-799.9 |
>100 |
-2,505.7 |
||
Cash flow from financing activities |
40.2 |
634.5 |
>100 |
902.8 |
||
Total cost of maintenance, modernization and new construction |
804.3 |
859.1 |
6.8 |
1,971.1 |
||
thereof for maintenance expenses and capitalized maintenance |
208.7 |
247.9 |
18.8 |
481.6 |
||
thereof for modernization |
432.1 |
437.1 |
1.2 |
996.5 |
||
thereof for new construction |
163.5 |
174.1 |
6.5 |
493.0 |
||
Key Balance Sheet Figures in € million |
June 30, 2019 |
June 30, 2020 |
Change in % |
Dec. 31, 2019 |
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|---|---|---|---|---|---|---|
|
|
|
|
|
||
|
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Fair value of the real estate portfolio |
47,449.0 |
55,698.6 |
17.4 |
53,316.4 |
||
Adjusted NAV |
26,305.0 |
29,673.2 |
12.8 |
28,161.9 |
||
Adjusted NAV per share in €* |
48.51 |
54.72 |
12.8 |
51.93 |
||
LTV (%) |
40.4 |
41.8 |
1.4 pp |
43.1 |
||
Non-financial Key Figures |
H1 2019 |
H1 2020 |
Change in % |
12M 2019 |
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|---|---|---|---|---|---|---|
|
|
|
|
|
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|
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Number of units managed |
475,754 |
488,367 |
2.7 |
494,927 |
||
thereof own apartments |
396,739 |
414,879 |
4.6 |
416,236 |
||
thereof apartments owned by others |
79,015 |
73,488 |
-7.0 |
78,691 |
||
Number of units bought |
2,556 |
– |
-100.0 |
23,987 |
||
Number of units sold |
1,988 |
1,931 |
-2.9 |
4,784 |
||
thereof Recurring Sales |
1,234 |
1,327 |
7.5 |
2,607 |
||
thereof Non-core Disposals |
754 |
604 |
-19.9 |
2,177 |
||
Number of new apartments completed |
817 |
617 |
-24.5 |
2,092 |
||
thereof own apartments |
438 |
534 |
21.9 |
1,301 |
||
thereof apartments for sale |
379 |
83 |
-78.1 |
791 |
||
Vacancy rate (in %) |
2.9 |
2.8 |
-0.1pp |
2.6 |
||
Monthly in-place rent in €/m2 |
6.64 |
7.03 |
5.9 |
6.93 |
||
Organic rent increase (in %) |
4.0 |
3.9 |
-0.1pp |
3.9 |
||
Number of employees (as of Jun 30/Dec 31) |
10,024 |
10,440 |
4.2 |
10,345 |
||
EPRA Key Figures in € million |
June 30, 2019 |
June 30, 2020 |
Change in % |
Dec. 31, 2019** |
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|---|---|---|---|---|---|---|---|---|
|
|
|
|
|
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|
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EPRA NAV |
27,240.6 |
31,078.2 |
14.1 |
29,592.5 |
||||
EPRA NAV per share in €* |
50.23 |
57.31 |
14.1 |
54.57 |
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