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Deutsche Wohnen SE (DWNG.DE)

DWNG.DE on Xetra

44.10EUR
9:05pm IST
Change (% chg)

€0.55 (+1.26%)
Prev Close
€43.55
Open
€43.66
Day's High
€44.19
Day's Low
€43.57
Volume
795,993
Avg. Vol
1,126,044
52-wk High
€44.19
52-wk Low
€27.66

Latest Key Developments (Source: Significant Developments)

Deutsche Wohnen Shareholders Vote For Reduced Dividend
Friday, 5 Jun 2020 

June 5 (Reuters) - DEUTSCHE WOHNEN SE ::DEUTSCHE WOHNEN SHAREHOLDERS VOTE FOR REDUCED DIVIDEND AND MAKE A CLEAR COMMITMENT TO SOLIDARITY IN THE CORONA CRISIS.ANNUAL GENERAL MEETING VOTES FOR REDUCED DIVIDEND OF EUR 0.90 PER SHARE AND SUPPORTS CREATION OF EUR 30 MILLION CORONAVIRUS RELIEF FUND.THIS CORRESPONDS TO A REDUCTION OF ORIGINALLY PLANNED PAYOUT RATIO BY 5 PERCENTAGE POINTS TO 60%.DEUTSCHE WOHNEN WILL BE USING DIFFERENCE TO FINANCE A EUR 30 MILLION CORONAVIRUS RELIEF FUND, WHICH WAS ANNOUNCED BACK IN MARCH.  Full Article

Deutsche Wohnen CEO Says No Merger Talks With Vonovia So Far
Friday, 5 Jun 2020 

June 5 (Reuters) - Deutsche Wohnen SE CEO::THERE HAVEN'T BEEN MERGER TALKS WITH EXECUTIVE BOARD OF VONOVIA SO FAR.WE DON'T NEED A MERGER, WE CAN OPERATE VERY SUCCESSFULLY AS INDEPENDENT COMPANY.  Full Article

Deutsche Wohnen Confirms 2020 Forecast
Wednesday, 13 May 2020 

May 13 (Reuters) - Deutsche Wohnen SE ::Q1 FFO I 140.9 MILLION EUR.Q1 EBITDA 155.9 MILLION EUR.Q1 RENTAL INCOME 210.6 MILLION EUR.CONFIRMS FORECAST.ANTICIPATES FFO I AT SAME LEVEL AS LAST YEAR.WILL NOT BE MAKING ANY RENT INCREASES DURING CORONAVIRUS CRISIS.UP TO NOW, A TOTAL OF AROUND 1,100 TENANTS HAVE REGISTERED WITH DEUTSCHE WOHNEN AS A RESULT OF EXISTING OR ANTICIPATED PAYMENT DIFFICULTIES.  Full Article

Vonovia CEO Declines To Comment On Potential Merger With Deutsche Wohnen
Tuesday, 5 May 2020 

May 5 (Reuters) - Vonovia SE ::VONOVIA CEO SAYS ~ MERGERS REMAIN A PART OF OUR STRATEGY, BUT THIS DOESN'T MEAN THAT WE'RE GOING TO BUY SOMETHING EVERY YEAR.VONOVIA CEO SAYS ~WE DON'T WANT COMMENT ON RUMOURS REGARDING MERGER WITH DEUTSCHE WOHNEN .  Full Article

Deutsche Wohnen Successfully Places Corporate Bonds For EUR 1 Billion
Friday, 24 Apr 2020 

April 24 (Reuters) - DEUTSCHE WOHNEN SE ::SUCCESSFULLY PLACES EUR 1 BILLION CORPORATE BONDS.NEW ISSUE MORE THAN 12 TIMES OVERSUBSCRIBED.NET PROCEEDS WILL BE USED TO REFINANCE EXISTING INDEBTEDNESS, FINANCE M&A TRANSACTIONS AND GENERAL CORPORATE PURPOSES.DUAL- TRANCHE OFFERING WITH 5 YEAR AND 10 YEAR MATURITY AND AVERAGE COUPON OF 1.25%.NOTES HAVE A DENOMINATION OF EUR 100,000 EACH.WE HAVE COVERED ALL MATERIAL UPCOMING MATURITIES UNTIL 2023.  Full Article

Deutsche Wohnen Sells 2,175 Units In Berlin
Friday, 13 Dec 2019 

Dec 13 (Reuters) - DEUTSCHE WOHNEN SE ::DEUTSCHE WOHNEN SE: DEUTSCHE WOHNEN SELLS 2,175 UNITS IN BERLIN.AVERAGE SELLING PRICE PER SQM IS AT EUR 2,276 WITH A RENTAL AREA OF 157,236 SQM.AVERAGE RENT GENERATED IN DISPOSAL PORTFOLIO IS EUR 6.68 PER SQM..COMPLETION OF THIS TRANSACTION IS SUBJECT TO CUSTOMARY CONDITIONS, IN PARTICULAR ANTITRUST CLEARANCE AND IS EXPECTED BY END OF 2020..  Full Article

Deutsche Wohnen SE Resolves On Buy-Back Program For Own Shares In A Volume Of Up To EUR 750 Million
Wednesday, 13 Nov 2019 

Nov 12 (Reuters) - Deutsche Wohnen SE ::DGAP-ADHOC: DEUTSCHE WOHNEN SE: DEUTSCHE WOHNEN SE RESOLVES ON BUY-BACK PROGRAM FOR OWN SHARES IN A VOLUME OF UP TO EUR 750 MILLION.RESOLVES ON BUY-BACK PROGRAM FOR OWN SHARES IN A VOLUME OF UP TO EUR 750 MILLION.TO BUY BACK UP TO A MAXIMUM OF 25,000,000 SHARES; THIS EQUALS UP TO AROUND 7% OF REGISTERED SHARE CAPITAL.BUY-BACK PROGRAM SHALL START ON 15 NOVEMBER 2019 AND TERMINATE, AT LATEST, AT END OF 30 OCTOBER 2020.  Full Article

Deutsche Wohnen Takes Action Against Fine Imposed By Berlin Commissioner For Data Protection And Freedom Of Information
Tuesday, 5 Nov 2019 

Nov 5 (Reuters) - DEUTSCHE WOHNEN SE ::SAYS TAKES ACTION AGAINST FINE IMPOSED BY BERLIN COMMISSIONER FOR DATA PROTECTION AND FREEDOM OF INFORMATION.SAYS NO TENANTS' DATA WAS PASSED ON TO ANY THIRD PARTIES IN VIOLATION OF DATA PROTECTION REGULATIONS.IS AWARE OF POSITION OF BERLIN COMMISSIONER WHO CRITICISES COMPANY'S DATA ARCHIVING SOLUTION, WHICH DEUTSCHE WOHNEN HAS REPLACED ALREADY.  Full Article

German Financial Watchdog Fines Deutsche Wohnen
Wednesday, 18 Sep 2019 

Sept 18 (Reuters) - German financial watchdog Bafin :IMPOSED FINE ON DEUTSCHE WOHNEN SE <<>> OF 427,000 EUROS.GERMAN FINANCIAL WATCHDOG BAFIN SAYS DEUTSCHE WOHNEN SE HAD FAILED TO MAKE ITS HALF-YEARLY FINANCIAL REPORT FOR THE FINANCIAL YEAR OF 2018 IN FULL PUBLICLY AVAILABLE WITHIN THE PRESCRIBED PERIOD.  Full Article

Vonovia May See Rental Income Reduction For Berlin Portfolio On Rent Freeze -Statement
Monday, 26 Aug 2019 

Aug 26 (Reuters) - Vonovia ::DGAP-NEWS: VONOVIA SE: RESPONSE TO THE BERLIN GOVERNMENT'S PLANS FOR AN ABSOLUTE RENT CEILING IN BERLIN.IMPLEMENTING BERLIN RENT CEILING IS DE FACTO ABOLISHMENT OF RENT INDEX.RENT FREEZE IN GENERAL AND PLANNED RENT CEILING IN PARTICULAR WILL EXACERBATE PROBLEM OF INSUFFICIENT SUPPLY OF NEW HOUSING.RENT FREEZE WOULD MAKE PROBLEM WORSE FOR ANYONE LOOKING FOR A PLACE TO RENT IN BERLIN.2019 GUIDANCE REMAINS UNCHANGED AS CURRENT FINANCIAL YEAR IS EXPECTED TO NOT BE IMPACTED BY PLANNED BERLIN-SPECIFIC LEGISLATION.FOR 2020, AS A CONSEQUENCE OF POTENTIALLY HAVING TO REDUCE CURRENT RENTAL LEVELS, WE MAY SEE ONE-OFF RENTAL INCOME REDUCTION FOR BERLIN PORTFOLIO IN BERLIN OF APPROX EUR20M-EUR25M.VONOVIA- GOING FORWARD, EXPECT TO REDIRECT MODERNIZATION FUNDS THAT HAD ORIGINALLY BEEN EARMARKED FOR BERLIN TO OTHER REGIONS WITHIN OUR PORTFOLIO.THIS REPRESENTS APPROX. 10% OF OUR RENTAL INCOME IN BERLIN AND APPROX. 1% OF OUR TOTAL RENTAL INCOME.IMPACT MAY BE FURTHER MITIGATED BY BEING ABLE TO APPLY CERTAIN PREMIUMS FOR MODERNIZATIONS MADE IN PRIOR YEARS.REMAIN CONVINCED THAT RENT FREEZE LAW PLANNED BY BERLIN STATE GOVERNMENT IS UNCONSTITUTIONAL.VONOVIA- WITH REGARDS TO VALUATION OF BERLIN PORTFOLIO IT WON'T BE POSSIBLE TO ESTIMATE IMPACT, IF ANY, UNTIL THERE IS SUFFICIENT TRANSACTION EVIDENCE.  Full Article

German stocks - Factors to watch on June 8

BERLIN/FRANKFURT, June 8The following are some of the factors that may move German stocks on Monday: