Act reliably
Our Annual Report
We consider all our tenants through a holistic approach to our neighborhoods, offering tailor-made solutions. Our strategy integrates construction concepts and innovative infrastructure designs that are geared towards sustainability, emphasizing community and diversity at the same time. Through our broad range of infrastructure projects and local engagements, we enhance living standards and foster social inclusion for residents in our residential neighborhoods. By encouraging tenant participation and active involvement, we cultivate neighborhoods that adapt to evolving societal needs and put resident well-being at the center of interest.
17 neighborhood development projects with approx. 9,500 residential units in 2023
Support of innovative sharing and local amenity concepts in neighborhoods – first 24/7 supermarket opened in Pasing, Munich
Inclusive, multifunctional open-space concept for social participation in neighborhoods, e.g., in Dresden and Hamburg, Wilhelmsburg
Around 94 % of all Vonovia households in Germany benefit from social projects implemented under the central funding program
New concepts for bicycle mobility and infrastructure – implemented through a new strategic partnership with the startup Nearbyk, among other collaborations
13,373 sqm of commercial space made available to social organizations or institutions for the implementation of cultural and educational projects, either rent-free or at a discounted rate
17 neighborhood development projects with approx. 9,500 residential units in 2023
Around 94 % of all Vonovia households in Germany benefit from social projects implemented under the central funding program
Support of innovative sharing and local amenity concepts in neighborhoods – first 24/7 supermarket opened in Pasing, Munich
New concepts for bicycle mobility and infrastructure – implemented through a new strategic partnership with the startup Nearbyk, among other collaborations
Inclusive, multifunctional open-space concept for social participation in neighborhoods, e.g., in Dresden and Hamburg, Wilhelmsburg
13,373 sqm of commercial space made available to social organizations or institutions for the implementation of cultural and educational projects, either rent-free or at a discounted rate
In the "Society and Contribution to Urban Development" domain, we are addressing major megatrends, such as climate change, urbanization, and demographic change through our comprehensive neighborhood approach. This approach involves deploying various strategies to tackle complex challenges like housing shortages, increasing social diversity, expanding infrastructure and mobility needs, and promoting climate-friendly new construction and refurbishment across our portfolio. Recognizing that each neighborhood has unique circumstances and requirements, we believe that the neighborhood level is ideal for developing sustainable, customized solution strategies to address these key challenges and foster valuable synergies. Our objective is to transform our neighborhoods into environments, where our tenants can thrive, feel connected to their communities, and actively engage in development processes. This inclusive approach is essential for securing our long-term success. It also involves actively fostering social diversity, bolstering local community bonds through targeted initiatives, and ensuring resilient infrastructure that encompasses and benefits everyone.
Through our diverse social engagement strategies, we are shaping our neighborhoods into inclusive environments and enhancing access to housing, social networks, and infrastructure—especially for those facing challenges. In this effort, we consistently seek to balance ecological sustainability with social inclusion considerations. The presence of our employees in the neighborhoods is pivotal to our success. They serve as the bridge between Vonovia and our customers, ensuring customer satisfaction and playing a key role in enhancing the quality of life in our properties. By being closely connected with the community, we can effectively address their needs and cultivate neighborhoods where everyone feels at home and lives sustainably together.
- In our ESG Factbook 2023, we have compiled our ESG performance with the most important key figures for you
- You can view our performance in various ratings and benchmarks here
- In our Annual Report 2023, you can find further information in the Social Issues chapter on the area of action