Vonovia is renovating houses in Iserlohn
It is investing €2.8 million for energy efficiency and comfort improvement. The plan is to switch to heat pumps.
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European residential real estate company
vonovia.comLast updated
In short: Vonovia reported solid first-half 2026 earnings with a 2.4% EBITDA increase while navigating political pressure and high debt costs.
It is investing €2.8 million for energy efficiency and comfort improvement. The plan is to switch to heat pumps.
The document outlines environmental targets, including net-zero carbon emissions by 2045, alongside five strategic action areas and updated performance indicators for employees and tenants.
Adjusted EBITDA Total rose 2.4% to €1,456.5m, with solid Rental growth and strong Value-add performance, while disposals reached €700m.
Adjusted EBITDA rose 1.4% to €711.6 million, while adjusted EBT fell 4.1%.
The Vonovia share is in the focus of analysts on 09.09.2026: Goldman Sachs lowers the target price from 29.50 to 21.20 euros and downgrades to Neutral. At the same time...
Goldman Sachs analyst Jonathan Kownator downgraded Vonovia to a Hold today and set a price target of €21.20. Kownator covers the Real Estate sector, focusing...
In the Berlin election campaign, The Left promises to socialize housing corporations like Vonovia in the event of an electoral victory. The company feels unfairly treated and invites the federal chairman to...
Vonovia is already treating socialization as a risk. Experts show what an expropriation in Berlin could cost and change in the housing market.
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