Vonovia is expanding its investor base with two more successfully placed bonds on the international capital markets in the UK and Australia

• Unsecured bonds with a total value of GBP 400 million in the UK and AUD 300 million in Australia, with maturities of 12 and 7 years respectively, were placed on the capital market.
• With these bonds, Vonovia is expanding its access to international capital and capitalising on market opportunities. 
• Philip Grosse, CFO of Vonovia: “With two further successful international issues, Vonovia is continuing to drive forward the diversification of its investor base.”  

Bochum, 18 May 2026 – Vonovia SE (“Vonovia”) has successfully issued two single-tranche bonds: a bond denominated in British pounds with a total volume of GBP 400 million (approx. EUR 460 million) as well as a bond denominated in Australian dollars with an issue volume of AUD 300 million (approx. EUR 185 million). For both bonds, Vonovia is within the range of what the company would have paid for comparable bonds in the eurozone.

The GBP bond has a maturity of 12 years and was oversubscribed 1.9 times. It is Vonovia’s second bond issue in the Anglo-Saxon capital market. The Australian issue is Vonovia’s second ‘Kangaroo Bond’ with a maturity of 7 years and oversubscribed 1.8 times. The two bonds have a weighted average interest rate of 4.4% in EUR and an average maturity of 10.6 years. Both bonds are hedged against currency risks.

Philip Grosse, CFO of Vonovia: “With two further international bond placements, Vonovia is continuing to drive forward the diversification of its investor base. The strong interest from investors both in Europe and Down Under confirms the global appeal of Vonovia as an investment. We have made the most of the opportunities presented by the market. Our access to the global bond market is excellent – our strong investment-grade ratings also contribute to this. With these bonds, we are placing our financing on an even more solid foundation.”

Vonovia is systematically expanding its investor base. The capital markets it has recently entered include Switzerland, Norway, the United Kingdom and Australia. The company’s balanced financing strategy is also recognised by credit rating agencies such as Fitch, Moody’s, Scope, and Standard & Poor’s. All four ratings confirm the company’s strong creditworthiness.

The proceeds from the issues are to be used primarily for refinancing. 

Vonovia reserves the right to use part of the issue proceeds to repay other liabilities, provided this does not significantly affect the maturity profile.