Vonovia SE (VONOY)
Vonovia SE operates in the Real Estate - Services industry of the Real Estate sector, headquartered in Bochum, NW, DE. The stock last traded at $12.01, up 0.25% on the session, giving a market capitalisation of $20.38B. On trailing twelve-month figures it carries a trailing P/E of 4.56, a net margin of 60.8%. Its beta of 1.48 implies it has historically moved more than the broad market.
Vonovia SE functions as an integrated residential real estate enterprise operating across Europe. Its business activities are structured into five distinct segments: Rental, Value-Add, Recurring Sales, Development, and Deutsche Wohnen. The firm delivers a comprehensive range of services, encompassing property management, the provision of residential units along with associated amenities, and a variety of value-added offerings. These supplementary services include property maintenance and modernization, organizing skilled trades and enhancing residential environments, condominium administration, cable television, utility metering, energy supply, and insurance provisions. Additionally, Vonovia SE is involved in the sale of individual apartment units and detached houses, as well as undertaking property development projects. By the end of 2021 (December 31st), Vonovia SE's portfolio included 565,334 residential properties, 168,015 garages and parking spaces, and 9,289 commercial units. Furthermore, it managed 71,173 residential properties on behalf of other owners in Germany, Austria, and Sweden. Known as Deutsche Annington Immobilien SE previously, the company adopted the name Vonovia SE in August 2015. Founded in 1998, Vonovia SE maintains its corporate headquarters in Bochum, Germany.
Vonovia SE is most often compared with the following Real Estate names: