Vonovia SE (VONOY)
- Simply Wall St.
Institutional investors have a lot riding on Vonovia SE (ETR:VNA) with 55% ownership
Key Insights Significantly high institutional ownership implies Vonovia's stock price is sensitive to their trading...
- Simply Wall St.
Vonovia Full Year 2023 Earnings: EPS Misses Expectations
Vonovia ( ETR:VNA ) Full Year 2023 Results Key Financial Results Revenue: €6.10b (down 29% from FY 2022). Net loss...
- Reuters
Vonovia shares drop as $7 billion loss lays bare German property crisis
FRANKFURT (Reuters) -Shares in Vonovia dropped 6% on Friday after Germany's largest landlord reported its biggest loss ever for 2023, in the latest sign of stress in the real estate sector. German property firms are undergoing a major change of fortune after an end to the cheap money era that fuelled a decade-long boom, hitting the likes of Vonovia hard. The loss came as Vonovia wrote down the value of its more than 500,000 apartments by 10.7 billion euros, or 11.4%, reducing its portfolio value to 84 billion euros.
