Stable in a challenging market environment in Q3 2023
During the third quarter of 2023, Vonovia SE grew further in its rental business and has been successfully continuing its sales programme across all sales categories to the present day, with a volume of € 1.7 billion. In all, Vonovia achieved a sales volume of around € 3.7 billion, with a pro forma reduction of its loan-to-value ratio (LTV) due to sales to 45.0%. Its property portfolio maintained full occupancy in the face of persistently high demand. On this basis, Vonovia has confirmed its full-year 2023 guidance and has provided a stable outlook for 2024.