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Vonovia SE (VNAn.DE)

VNAn.DE on Xetra

47.73EUR
16 Oct 2019
Change (% chg)

€0.03 (+0.06%)
Prev Close
€47.70
Open
€47.90
Day's High
€48.10
Day's Low
€47.49
Volume
1,419,724
Avg. Vol
1,650,543
52-wk High
€48.93
52-wk Low
€38.60

Latest Key Developments (Source: Significant Developments)

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

Vonovia: 45.75% Of Shareholders Choose Scrip Dividend
Friday, 7 Jun 2019 

June 7 (Reuters) - Vonovia SE ::DGAP-NEWS: VONOVIA SE: 45.75% OF VONOVIA SHAREHOLDERS CHOOSE SCRIP DIVIDEND.  Full Article

Vonovia Requests Compulsory Acquisition Of Minority Shares In Victoria Park
Friday, 24 May 2019 

May 24 (Reuters) - Vonovia Se ::DGAP-NEWS: VONOVIA SE: VONOVIA REQUESTS INITIATION OF COMPULSORY ACQUISITION OF MINORITY SHARES IN VICTORIA PARK.VONOVIA HAS REQUESTED INITIATION OF A COMPULSORY ACQUISITION PROCEEDING TO ACQUIRE ALL REMAINING SHARES IN VICTORIA PARK.BOARD OF DIRECTORS OF VICTORIA PARK HAS RESOLVED TO APPLY FOR A DELISTING OF ORDINARY CLASS A AND CLASS B SHARES IN VICTORIA PARK.BOARD OF DIRECTORS OF VICTORIA PARK HAS RESOLVED TO CONVENE AN EXTRAORDINARY GENERAL MEETING FOR PURPOSE OF RESOLVING TO REDEEM ALL OUTSTANDING PREFERENCE SHARES.  Full Article

Vonovia Exercises Call Options To Become Owner Of 91.4% Of Shares In Victoria Park
Wednesday, 15 May 2019 

May 15 (Reuters) - VONOVIA SE ::EXERCISES CALL OPTIONS TO BECOME THE OWNER OF 91.4% OF THE SHARES IN VICTORIA PARK.VONOVIA EXERCISES CALL OPTIONS WHICH REPRESENT 10.0% OF TOTAL NUMBER OF SHARES IN VICTORIA PARK.INTENDS TO INITIATE A COMPULSORY ACQUISITION PROCEDURE FOR REMAINING SHARES IN VICTORIA PARK.WILL PROMOTE A DELISTING OF VICTORIA PARK.  Full Article

Vonovia Says Klaus Freiberg To Leave Management Board At His Own Request
Monday, 6 May 2019 

May 6 (Reuters) - Vonovia SE ::DGAP-NEWS: VONOVIA SE: KLAUS FREIBERG TO LEAVE MANAGEMENT BOARD OF VONOVIA SE AT HIS OWN REQUEST - ARND FITTKAU TO BE APPOINTED TO MANAGEMENT BOARD.KLAUS FREIBERG TO LEAVE MANAGEMENT BOARD OF VONOVIA WITH EFFECT FROM END OF AGM ON MAY 16, 2019.ARND FITTKAU, CURRENTLY CHIEF REPRESENTATIVE RESPONSIBLE FOR VONOVIA'S RENTAL SEGMENT, TO BE APPOINTED TO MANAGEMENT BOARD.KLAUS FREIBERG TO CONTINUE TO SUPPORT VONOVIA AS A CONSULTANT EVEN AFTER LEAVING MANAGEMENT BOARD.  Full Article

Vonovia CEO - looking at property porfolios in Germany, Sweden
Thursday, 6 Dec 2018 

Dec 6 (Reuters) - Vonovia SE ::VONOVIA CEO - WE ARE LOOKING AT PORTFOLIOS WITH MORE THAN 1,000 UNITS IN GERMANY, HOWEVER BELIEVE PRICES TOO HIGH.VONOVIA CEO - ALSO LOOKING AT PORTFOLIOS IN SWEDEN, NOT ACTIVELY LOOKING IN THE NETHERLANDS BUT WOULD BE INTERESTED.  Full Article

Vonovia CEO: See No Pressure on German Real Estate Market At Present
Friday, 31 Aug 2018 

Aug 31 (Reuters) - Vonovia SE ::VONOVIA NOT VONOVIA PARK CEO SAYS DO NOT CURRENTLY SEE THAT THE REAL ESTATE MARKET IN GERMANY COULD COME UNDER PRESSURE.  Full Article

Vonovia CEO: No Current Plans For Further Expansion Abroad
Friday, 31 Aug 2018 

Aug 31 (Reuters) - Vonovia SE ::CEO SAYS DO NOT CURRENTLY PLAN ANY EXPANSION OUTSIDE OF GERMANY.CEO, ASKED ABOUT POSSIBLE ACQUISITIONS IN GERMANY, SAYS PRICES IN MANY CITIES ARE EXCESSIVE, CAN WAIT TO BUY.CEO SAYS CAN ONLY SOLVE THE HOUSING SHORTAGE IN BIG CITIES BY BUILDING MORE FLATS, NOT THROUGH REGULATION.  Full Article

Buwog: Vonovia Submits Request To Squeeze-Out Minority Shareholders
Wednesday, 20 Jun 2018 

June 20 (Reuters) - BUWOG AG ::VONOVIA SUBMITS REQUEST TO SQUEEZE-OUT MINORITY SHAREHOLDERS.AFTER CLOSING OF SUCCESSFUL TAKEOVER OFFER AND CLOSING OF TRANSFERS OF SHARES THAT HAVE BEEN TENDERED IN EXTENDED OFFER PERIOD, VONOVIA, IN TOTAL, WILL HOLD AT LEAST 112,672,652 SHARES IN BUWOG.THIS CORRESPONDS TO A PARTICIPATION OF AROUND 90.7% OF BUWOG'S SHARE CAPITAL.  Full Article

BUWOG: Adjusted Conversion Price For Convertible Bonds At EUR 25.10
Friday, 16 Mar 2018 

March 16 (Reuters) - BUWOG AG ::BUWOG AG SETS AS CONTROL RECORD DATE FRIDAY, 27 APRIL 2018 FOR CONVERTIBLE BONDS.HOLDERS MAY CONVERT BONDS AT ADJUSTED CONVERSION PRICE FROM DAY OF CHANGE OF CONTROL UNTIL AND APRIL 27.ADJUSTED CONVERSION PRICE AMOUNTS TO EUR 25.10.  Full Article

Germany's Gewobag buys flats from ADO Properties for $1 billion

FRANKFURT German real estate group Gewobag has signed an agreement to buy about 6,000 flats in Berlin from peer ADO Properties for 920 million euros ($1 billion), it said late on Thursday.