Act reliably
Our Annual Report
Act reliably
Our Annual Report
Factbook
ESG-Factbook 2023
Vonovia is a residential real estate company that takes social and economic responsibility. We provide people with contemporary homes that meet modern standards, while doing our part to protect our climate. we incorporate innovative aspects of environmental, economic and social sustainability into our new construction projects – and always aim to continuously improve. Whether new residential construction, climate or demographic change: the housing industry plays a central role when it comes to the overall social challenges of our time.
Urban areas are in urgent need of homes. We are helping to close this gap – through densification, vertical expansion and new construction. Thanks to its 2018 takeover of BUWOG – a separate entity in the company with new construction expertise – Vonovia has access to more than 70 years of development experience.
Our aim is to create affordable and climate-neutral homes. By doing so, we are doing our part to protect the climate and providing new homes where they are urgently needed.
Our project developments include purchasing land without a development plan or dedicated purpose, completing new buildings, constructing new buildings on our own land, and the vertical expansion and refurbishment of existing residential buildings in our neighborhoods.
We either rent out new-build properties ourselves or sell them to third parties.