Vonovia prematurely extends Arnd Fittkau's contract until 2030
The Supervisory Board has extended the CRO's contract by three years until May 2030. It emphasizes continuity in operational management.
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Europe's leading residential real estate company
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In short: Vonovia reported record losses of $7.35 billion amid a property crisis but maintained steady operations with adjusted EBITDA of €712 million.
The Supervisory Board has extended the CRO's contract by three years until May 2030. It emphasizes continuity in operational management.
The dividend for 2025 is 3 cents above the previous year, and a new supervisory board member was elected.
Adj. EBITDA grew 1.4% to €711.6M, rental segment up 6.3%, value-add up 30%. Company reaffirms 2026 guidance and 2028 targets.
Together they are modernizing large residential districts on a series basis with prefabricated facade elements for more energy efficiency, shorter construction times and lower costs.
Austrian Takeover Act, Vonovia SE ("Vonovia") published a voluntary takeover offer (the "Offer") on 17 November 2016 to acquire all of the shares in conwert...
DÜSSELDORF, June 17 (Reuters) - The largest German real estate group Vonovia, burdened by billions of euros in debt, sees itself on the path to reducing its...
Despite rising rents and high occupancy, Vonovia is suffering from increased interest rates. The stock price remains battered.
Despite robust operational figures, Vonovia suffers from rising interest rates and high debt levels. The stock is trading near its annual low.
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