Vonovia FRN 26Vonovia FRN 26Vonovia FRN 26

Vonovia FRN 26

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XS2845221410 analysis



Key facts


Issue date
Jun 19, 2024
Maturity date
Jun 19, 2026
Outstanding amount
‪750.00 M‬SEK
Face value
2,000,000.00SEK
Minimum denomination
2,000,000.00SEK
Coupon
3.87% (Variable)
Yield to maturity
3.70%
Vonovia SE. is a holding company, which engages in the management of residential units. It operates through the following segments: Rental, Value-Add, Recurring Sales, Development, and Other. The Rental segment combines all of the businesses that are aimed at the value-enhancing management of the company's own residential units. The Value-Add segment bundles all of the housing-related services including the maintenance and modernization work on its properties. The Recurring Sales segment includes regular and sustainable disposals of individual condominiums and single-family houses from the company's portfolio. The Development segment consists of project development of new residential buildings. The Other segment comprises disposal of entire buildings or land that are likely to have below-average development potential. The company was founded on June 17, 1998 and is headquartered in Bochum, Germany.
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