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Vonovia SE: Vonovia SE moves up to the DAX


DGAP-News: Vonovia SE / Key word(s): Real Estate

2015-09-03 / 22:12


03.09.2015
Vonovia SE moves up to the DAX
 

Bochum, September 3, 2015. On the recommendation of the Working Committee for Equity Indices, the German stock exchange today decided to include Vonovia SE in the DAX with effect from September 21, 2015. Vonovia SE is the result of the merger of Deutsche Annington and GAGFAH, and it is Europe's leading residential real estate company with close to 370,000 residential units and a portfolio worth approximately EUR 23 billion.

Rolf Buch, CEO of Vonovia SE: "The inclusion of real estate in the DAX benchmark index for the first time with the addition of Vonovia is a strong signal for the entire industry and will make this important sector of the economy all the more visible. I would like to take Vonovia's inclusion in the DAX in particular as an opportunity to thank our employees, who laid the foundations for Vonovia's development with all their hard work in recent years."

Vonovia SE is the successor company to Deutsche Annington, which debuted on the stock exchange in July 2013. The company's financial investors at the time bowed out following the initial public offering. This was followed by the integration of various real estate portfolios (Vitus, DeWAG, Franconia), the acquisition of the SÜDEWO Group in July 2015 and, notably, the merger with GAGFAH in early 2015. Historically speaking, the Deutsche Annington portfolio was dominated by company accommodation, in particular for rail companies and the coal and steel industry.

Based on the German stock exchange's definition, today approximately 95,44 % of Vonovia SE shares are in free float. In accordance with Vonovia SE's long-term strategic focus, its largest individual shareholders are pension funds and other funds with a similarly long-term focus. It currently has market capitalization of around EUR 13 billion. In addition to the DAX, Vonovia SE is listed in the international indices STOXX Europe 600, MSCI Germany, GPR 250 and EPRA/NAREIT Europe.

Vonovia SE
Philippstraße 3
44803 Bochum

Nina Henckel
Head of Press Office
T +49 234 / 314 - 1909
M +49 174 / 318 - 7772
nina.henckel@vonovia.de

Bettina Benner
Press Spokeswoman
T +49 234 / 314 - 1911
M +49 172 / 206 - 0336
bettina.benner@vonovia.de
www.vonovia.de

About Vonovia

Vonovia SE is Germany's leading residential real estate company. Vonovia currently owns and manages some 370,000 residential units in attractive cities and regions throughout Germany. As a modern service company, Vonovia focuses on customer orientation and tenant satisfaction. Offering tenants affordable, attractive and livable homes is a prerequisite for the company's continued successful development.

Vonovia's residential units are located in adjoining settlements at approximately 700 locations in Germany. At all of these locations, the tenants' concerns are addressed by caretakers and the company's own maintenance organization. This intimacy with our customers guarantees needs-based, rapid and reliable service.

Vonovia makes long-term investments in the maintenance, modernization and age-appropriate conversion of its properties. The company also teams up with others at the local level to support social and cultural projects that enrich community life.

The company, which is based in Bochum, has been listed on the stock exchange since 2013. Vonovia has a workforce of approximately 5,900 employees.

This press release has been issued by Vonovia SE and/or its subsidiaries solely for information purposes. This press release may contain statements, assumptions, opinions and predictions about the anticipated future development of Vonovia ("forward-looking statements") that reproduce various assumptions regarding results derived from Vonovia's current business or from publicly available sources that have not been subject to an independent audit or in-depth evaluation by Vonovia and that may turn out to be incorrect at a later stage. All forward-looking statements express current expectations based on the cur-rent business plan and various other assumptions and therefore come with risks and uncertainties that are not insignificant. All forward-looking statements should not therefore be taken as a guarantee for fu-ture performance or results and, furthermore, do not necessarily constitute appropriate indicators that the forecast results will be achieved. All forward-looking statements relate solely to the day on which this press release was issued to its recipients. It is the responsibility of the recipients of this press release to conduct a more detailed analysis of the validity of forward-looking statements and the underlying as-sumptions. Vonovia accepts no responsibility for any direct or indirect damages or losses or subsequent damages or losses, as well as penalties that the recipients may incur by using the press release, its con-tents and, in particular, all forward-looking statements or in any other way, as far as this is legally per-missible. Vonovia does not provide any guarantees or assurances (either explicitly or implicitly) in respect of the information contained in this press release. Vonovia is not obliged to update or correct the information, forward-looking statements or conclusions drawn in this press release or to include subse-quent events or circumstances or to report inaccuracies that become known after the date of this press release





2015-09-03 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.
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392457  2015-09-03 


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