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.

Among shareholders of Vonovia SE (“Vonovia”), the scrip dividend is once again a suitable alternative to the cash option this year. For 44.87 % of shares carrying dividend rights, a distribution in the form of new shares has been opted for within the subscription period.