2025 ahead ayondo Franchise coming soon
Happy 
xMas Holidays
xMas Holidays
xMas Holidays
|
EQS-News: Deutsche Wohnen SE
/ Key word(s): Half Year Report
Interim Results January to June 2024 Deutsche Wohnen: Stable Performance in the first six months of 2024
Berlin, August 6, 2024. In a challenging environment for the real estate industry, Deutsche Wohnen SE delivered a stable operating performance in the first six months of 2024. The Adjusted EBITDA Rental was €314.2 million (-3.3%). The in-place rent per square meter was €7.80 (+3.3%). The vacancy rate remained at a very low level of 1.7%. Other relevant KPIs also developed in line with expectations. The Adjusted EBT was €281.4 million, which was slightly above the prior-year level. On a per-share basis, the Adjusted EBT came to €0.71. The NAV (formerly EPRA NTA) declined by 1.8% since year-end 2023 to €16,676.1 million or €42.01 per share. This decline was largely driven by the result from the fair value measurement of investment properties of €-518.5 million for the first half of 2024. The LTV was at 30.0%. Key numbers
About Deutsche Wohnen Deutsche Wohnen is one of the leading publicly listed property companies in Europe and is part of the Vonovia Group. The business focus of the company is on managing its own portfolio of residential properties in dynamic metropolitan regions and conurbations in Germany. Deutsche Wohnen sees itself as having both a social responsibility and a duty to maintain and newly develop good-quality and affordable housing in vibrant residential neighbourhoods. As of 30 June 2024, the portfolio comprised a total of around 140,000 residential units. Important note This publication is neither an offer to sell nor a solicitation to buy securities. To the extent that this document contains forward-looking statements, these are not facts and are recognisable by such words as ‘will’, ‘expect’, ‘believe’, ‘estimate’, ‘intend’, ‘endeavour’, ‘assume’ and similar expressions. These statements express the intentions, opinions or current expectations and assumptions of Deutsche Wohnen and the individuals acting in concert with it. The forward-looking statements are based on current plans, estimates and forecasts that Deutsche Wohnen and the individuals acting in concert with it have made to the best of their knowledge, but do not make any claims as to their future accuracy. Forward-looking statements are subject to risks and uncertainties that are generally difficult to predict and are usually not within the control of Deutsche Wohnen or the individuals acting in concert with it. It should be remembered that the actual results or consequences may differ considerably from those mentioned or contained in the forward-looking statements. Contact Phone +49 (0)30 897 86-5413Fax +49 (0)30 897 86-5419 ir@deutsche-wohnen.com
06.08.2024 CET/CEST Dissemination of a Corporate News, transmitted by EQS News - a service of EQS Group AG. |
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Language: | English |
| Company: | Deutsche Wohnen SE |
| Mecklenburgische Straße 57 | |
| 14197 Berlin | |
| Germany | |
| Phone: | +49 (0)30 89786-5413 |
| Fax: | +49 (0)30 89786-5419 |
| E-mail: | ir@deutsche-wohnen.com |
| Internet: | https://www.deutsche-wohnen.com |
| ISIN: | DE000A0HN5C6 |
| WKN: | A0HN5C |
| Indices: | SDAX |
| Listed: | Regulated Market in Frankfurt (General Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange |
| EQS News ID: | 1961145 |
| End of News | EQS News Service |
|
|
1961145 06.08.2024 CET/CEST
P R O D U C T S U G G E S T I O N S
The information presented here has been provided by our content partner EQS-Group. The originator of the news is the respective issuer, the company relating to the news, a publication service provider (press or information agency) which uses the distribution service of EQS to transmit company news to shareholders, investors, investors or interested parties. The original publications and other company-relevant information can be found at eqs-news.com.
The information you can access does not constitute investment advice. The presentation of our cooperation partners, where the implementation of investment decisions would be possible depending on the individual risk profile, is solely at the discretion of the person using the service. We only present companies of which we are convinced that the range of services and customer service will satisfy discerning investors.
If you are considering leverage products, familiarise yourself with the typical characteristics of the financial instruments beforehand. Take the time to determine the risk content of the planned investment before making an investment decision. Bear in mind that a total loss cannot be ruled out with leverage products.
For newcomers to the subject, we offer various options in both the training and the tools section, through which you can train theoretical knowledge and practical experience and thus improve your skills. The offer ranges from participation in webinars to personal mentoring. The range is continuously being expanded.
1 Lab features are usually functionalities that emerge from the think tank of the investor community. In the early stages, these are experimental functionalities whose development process is largely determined by use and the resulting feedback from the community. When integrating external services or functionalities, the functionality can only be guaranteed to the extent that the individual process elements, such as interfaces, interact with each other.
