Vonovia SE, DE000A1ML7J1

Vonovia SE, DE000A1ML7J1

04.11.2022 - 07:06:37

EQS-News: Vonovia SE: development remains stable and confirms forecast for year as a whole

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Financial Key Figures in ? million ? 9M 20211 ? 9M 2022 ? Change in % ? ? ? ? ? ? ? ? ? Total Segment Revenue ? 3,517.0 ? 4,619.7 ? 31.4 ? Adjusted EBITDA Total ? 1,540.5 ? 2,110.1 ? 37.0 ? Adjusted EBITDA Rental ? 1,239.6 ? 1,247.2 ? 0.6 ? Adjusted EBITDA Value-add ? 115.6 ? 115.9 ? 0.3 ? Adjusted EBITDA Recurring Sales ? 105.5 ? 104.3 ? -1.1 ? Adjusted EBITDA Development ? 79.8 ? 112.8 ? 41.4 ? Adjusted EBITDA Deutsche Wohnen ? - ? 529.9 ? - ? Group FFO? ? 1,168.9 ? 1,577.8 ? 35.0 ? thereof attributable to non-controlling interests ? 15.8 ? 62.0 ? >100 ? Group FFO per share in ?? ? 1.90 ? 1.98 ? 4.2 ? Profit for the period4 ? 3,869.1 ? 2,211.7 ? -42.8 ? Total cost of maintenance, modernization and new construction (to hold) ? 1,355.1 ? 1,755.3 ? 29.5 ? thereof for maintenance expenses and capitalized maintenance ? 453.5 ? 467.1 ? 3.0 ? thereof for modernization ? 547.8 ? 518.8 ? -5.3 ? thereof for new construction (to hold) ? 353.8 ? 345.1 ? -2.5 ? thereof Deutsche Wohnen ? - ? 424.3 ? - ? ? ? ? ? ? ? ? ?

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Key Balance Sheet Figures in ? million ? 31.12.2021 ? 30.09.2022 ? Change in % ? Fair value of the real estate portfolio ? 97,845.3 ? 99,238.9 ? 1.4 ? EPRA NTA? ? 48,640.8 ? 49,771.2 ? 2.3 ? EPRA NTA pro Aktie in ?? ? 62.63 ? 62.54 ? -0.2 ? LTV in %4 ? 45.4 ? 43.4 ? -2.0 pp ?

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Non-financial Key Figures ? 9M 2021 ? 9M 2022 ? Change in % Number of units managed ? 639,878 ? 621,396 ? -2.9 thereof own apartments ? 568,451 ? 549,010 ? -3.4 thereof apartments owned by others ? 71,427 ? 72,386 ? 1.3 Number of new apartments completed ? 1,366 ? 1,543 ? 13.0 thereof own apartments ? 786 ? 816 ? 3.8 thereof apartments for sale ? 580 ? 636 ? 9.7 thereof Deutsche Wohnen ? - ? 91 ? - Vacancy rate (in %) ? 2.7 ? 2.1 ? -0.6 pp Monthly in-place rent in ?/m? ? 7.34 ? 7.475 ? 1.8 Number of employees (as of Sep. 30) ? 16,051 ? 15,851 ? -1.2

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1 ?Prior-year figures adjusted to new adjusted EBITDA definition (excluding results from at-equity investments).

? ?Based on the new 2022 definition, therefore without elimination of IFRS 16 effect, line ?thereof attributable to non-controlling interests? includes non-controlling interests of Deutsche Wohnen, Group FFO per share based on the shares carrying dividend rights on the reporting date, 9M 2021 prior-year values TERP-adjusted (1,067).

??Based on the new 2022 definition, therefore excluding real estate transfer tax, EPRA NTA per share based on the shares carrying dividend rights on the reporting date. 2021 adjusted after closing of Deutsche Wohnen PPA.

4?2021 adjusted after closing of Deutsche Wohnen PPA.

5?Deutsche Wohnen included. No disclosure of rent increases in the portfolio.

About Vonovia

Vonovia SE is Europe?s leading private residential real estate company. Vonovia currently owns more than 549,000 residential units (including Deutsche Wohnen) in all attractive cities and regions in Germany, Sweden and Austria. It also manages around 72,400 apartments. Its portfolio is worth approximately ? 99.2 billion. As a modern service provider, Vonovia focuses on customer orientation and tenant satisfaction. Offering tenants affordable, attractive and livable homes is a prerequisite for the company?s successful development. Therefore, Vonovia makes long-term investments in the maintenance, modernization and senior-friendly conversion of its properties. The company is also creating more and more new apartments by realizing infill developments and adding to existing buildings.

The company, which is based in Bochum, has been listed on the stock exchange since 2013. Since September 2015 Vonovia has been a constituent in the DAX 30 (today DAX 40) and since September 2020 in the EURO STOXX 50. Vonovia SE is also a constituent of additional national and international indices, including DAX 50 ESG, Dow Jones Sustainability Index Europe, STOXX Global ESG Leaders, EURO STOXX ESG Leaders 50, FTSE EPRA/NAREIT Developed Europe, and GPR 250 World. Vonovia has a workforce of approximately 15,900 employees.

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Additional Information:

Approval: Regulated Market/Prime Standard, Frankfurt Stock Exchange

ISIN: DE000A1ML7J1

WKN: A1ML7J

Common code: 094567408

Registered headquarters of Vonovia SE: Bochum, Germany, Bochum Local Court, HRB 16879

Business address of Vonovia SE: Universitaetsstrasse 133, 44803 Bochum, Germany

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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, e.g., 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 current 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 future performance or results and, furthermore, do not necessarily constitute exact 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 assumptions. 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 contents and, in particular, all forward-looking statements or in any other way, as far as this is legally permissible. 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 subsequent events or circumstances or to report inaccuracies that become known after the date of this press release.

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Additional features:File: 221104_Vonovia_development remains stable and confirms fore-cast for year as a whole

04.11.2022 CET/CEST Dissemination of a Corporate News, transmitted by EQS News - a service of EQS Group AG.The issuer is solely responsible for the content of this announcement.The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.Archive at www.eqs-news.com

Language: English Company: Vonovia SE Universit?tsstra?e 133 44803 Bochum

Germany Phone: +49 234 314 1609 Fax: +49 234 314 2995 E-mail: investorrelations@vonovia.de Internet: www.vonovia.de ISIN: DE000A1ML7J1 WKN: A1ML7J Indices: DAX Listed: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange EQS News ID: 1479115 ? End of News EQS News Service

1479115??04.11.2022?CET/CEST

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