Vonovia traded at 22.62 this Thursday July 2nd, increasing 1.28 or 6.00 percent since the previous trading session. Looking back, over the last four weeks, Vonovia gained 11.76 percent. Over the last 12 months, its price fell by 22.98 percent. Looking ahead, we forecast Vonovia to be priced at 20.99 by the end of this quarter and at 19.36 in one year, according to Trading Economics global macro models projections and analysts expectations.
Vonovia SE is a Germany-based residential real estate company. It manages business via three segments: Rental, Value-add Business and Sales. The Rental segment combines business activities aimed at value-enhancing management of the properties. The Value-add Business segment comprises customer-oriented services, which are related to or influence the rental business. The Sales segment bundles all real estate sales from the Company’s portfolio. It includes the individual sale of apartments from the Privatize subportfolio and the sale of entire buildings or pieces of land from the non-strategic and non-core subportfolios.