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Vonovia is proactively involved in creating and expanding contemporary infrastructures in its neighborhoods. The aim is to enable local supply structures and modern sharing and usage concepts, as well as to meaningfully complement local public services, such as childcare facilities and opportunities for care and education. When it comes to planning and on-site management, our experienced Vonovia employees consider suitable solutions for each neighborhood and work closely with local partners. This way, we remain present and approachable for our customers in the neighborhood – with the ambition to maintain and further improve their quality of life.
Target Achievement: In the 2025 financial year, we invested a total around €650 million in our Urban Quarters in Germany. For 2026, we are assuming an investment volume of over €900 million in Urban Quarters.
Medium-term target (2030): In the medium term, closely tied to the evolving investment and regulatory landscape for Vonovia, our aim is to progressively increase our investments to pre-crisis levels. This strategy is intended to enhance the optimization of all urban neighborhoods within our portfolio through comprehensive refurbishment and neighborhood development initiatives moving forward.
At Vonovia, we regard neighborhoods as the central level of action and design for our business. Around 77% of our German residential portfolio is located in more than 750 so‑called urban quarters. These are spatially contiguous residential neighborhoods that form the center of life for our customers and that we develop further in a holistic manner. In addition to housing, we also consider social, environmental and infrastructural aspects in order to create livable and future‑proof communities.
Our neighborhood approach is the response to key challenges such as urbanization, climate change and demographic change. The aim is to strengthen the quality of life on site, to promote integrated urban development with social, environmental and infrastructural dimensions, and at the same time to safeguard the long‑term attractiveness of our portfolio. By continuously further developing our neighborhoods, we create added value for our customers, cities and municipalities, as well as for the company.
To this end, we pursue a holistic approach:
The development of our neighborhoods takes place in close cooperation with cities, municipalities and other local stakeholders. This creates holistic solutions that meet local needs and foster stable communities in the long term.
Responsibility for implementation lies with the regions. The regional managing directors and regional management teams control the projects on site and are supported at selected locations by specialized neighborhood developers. At Executive Board level, the Chief Rental Officer (CRO) is responsible for the rental business as well as the customer service and portfolio management units.