VNNVF OTC

Vonovia SE operates as a leading integrated real estate corporation across Europe, primarily concentrating on residential properties. Its business activities are organized into five principal divisions: Rental, Value-Added Services, Recurring Property Dispositions, Development, and the subsidiary Deutsche Wohnen. The company delivers a broad spectrum of services, including comprehensive property management, apartment leasing, and diverse property-related support. Its value-added offerings encompass property maintenance and modernization, coordination of skilled craftspeople, management of residential environments, administration for condominiums, and provision of utilities such as cable television, metering, energy supply, and insurance. Additionally, Vonovia SE engages in the direct sale of individual condominium units and single-family homes, alongside initiating and executing new project developments. As of December 31, 2021, the company boasted an extensive portfolio of 565,334 residential units, 168,015 garages and parking facilities, and 9,289 commercial premises. Beyond its proprietary assets, it also managed 71,173 residential units for other owners in Germany, Austria, and Sweden. Founded in 1998, the company was originally known as Deutsche Annington Immobilien SE until it officially rebranded as Vonovia SE in August 2015, with its headquarters located in Bochum, Germany.