Strong Financial Performance
Total EBITDA increased by 6.4% and EBT increased by 6.8%. Post minorities EBITDA also rose by 6.4%.
Organic Rent Growth Forecast
Organic rent growth is expected to increase to around 5% by 2028, with potential to exceed this due to higher investments.
Value-Add Business Segment Expansion
Value-add EBITDA is expected to be considerably higher than last year, driven by higher investments and contributions from the energy business.
Adjusted Net Yield Efficiency
Vonovia has an adjusted net yield efficiency of just 0.2% leakage for the German portfolio, demonstrating superior scale and efficiency compared to peers.
Asset Value Growth
Net value growth of 70 basis points in H1 is expected to be exceeded in H2.