Company DescriptionDeutsche Wohnen SE develops and manages residential properties in Germany. The company operates through four segments: Residential Property Management, Disposals, Nursing home operators, and Nursing Properties. Its property portfolio consists of approximately 160,000 residential and commercial units; nursing properties with approximately 10,580 beds; and apartments for assisted living. The company manages and markets nursing and residential care homes. Deutsche Wohnen SE was founded in 1924 and is headquartered in Berlin, Germany. Deutsche Wohnen SE operates as a subsidiary of Vonovia SE.
How the Company Makes MoneyDeutsche Wohnen makes money primarily through the rental income generated from its extensive portfolio of residential properties. The company's primary revenue stream consists of collecting rent from tenants residing in its apartment buildings. Additionally, the company engages in property development and sales, which contribute to its earnings, albeit to a lesser extent compared to rental income. Deutsche Wohnen also benefits from partnerships with local governments and municipalities, which can provide opportunities for property development and urban renewal projects. The company focuses on maintaining high occupancy rates and optimizing property management to ensure a steady flow of rental revenue. Furthermore, Deutsche Wohnen's strategic acquisitions and asset management practices help in enhancing the value of its property holdings, thereby increasing its profitability.