Vonovia SE is a Germany-based residential real estate company. It manages business via three segments: Rental, Value-add Business and Sales. The Rental segment combines business activities aimed at value-enhancing management of the properties.
The Value-add Business segment comprises customer-oriented services, which are related to or influence the rental business. The Sales segment bundles all real estate sales from the Company’s portfolio. It includes the individual sale of apartments from the Privatize sub-portfolio and the sale of entire buildings or pieces of land from the non-strategic and non-core sub-portfolios.
The Company owns around 355,000 residential units throughout Germany. Its main shareholders are BlackRock, Norges Bank, and Lansdowne Partners.
The official website can be found here.
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