Vonovia & Deutsche Wohnen: Mega deal in the German real estate market

Vonovia & Deutsche Wohnen merger – It would be the biggest deal in the history of the German real estate market. The billion-dollar real estate companies Vonovia and Deutsche-Wohnen want to merge. What was repeatedly rejected by Deutsche-Wohnen in the past is now to become reality. Vonovia’s takeover bid is attractive and promising. Both the Vonovia share and the Deutsche-Wohnen share have risen in value in recent years.

Takeover of Deutsche-Wohnen by Vonovia

Tip. At the end there is still the press review, the most important news from the real estate world, summarized. There are interesting things in the FAZ on the subject of “New life for houses of worship”, redesigning former churches, monument protection, and much more. You can find all real estate news directly here: Real Estate News.

The Süddeutsche Zeitung says “Vonovia does not have to become a rent shark”. The Handelsblatt even headlines “Share deals loophole: Why the merger of Vonovia and Deutsche Wohnen is triggering a tax debate” and the ARD warns “Merger plans alarm tenants”. But what is behind the deal?

Let’s first look at the two public companies and their ratios:

Vonovia Key Figures

  • Largest residential group in Germany
  • Market capitalization: 29.3 billion euros

German Housing

  • 2nd largest residential group
  • Market capitalization: 18.8 billion euros

Vonovia vs Deutsche Wohnen in comparison

How big is the difference between the two largest providers in Germany?

Difference (cf. Deutsche-Wohnen): 10.5 billion euros; 64.2 %.

Second attempt: Merger plans

Two attempts at a merger in the past had already failed. However, a majority of shareholders are now expected to agree to sell their shares to Vonovia. So far, the deal has failed because of the management of the Berlin-based Deutsche Wohnen Group. As soon as more than 50% of the shareholders of Deutsche-Wohnen sell their shares to Vonovia, the takeover will take place. A merger of the housing groups would represent the largest deal in German real estate history and thus create Europe’s largest housing group.

“I am very, very sure that a great many shareholders will accept this offer,” said Zahn (Deutsche-Wohnen)

Vonovia: Germany’s largest real estate group

Vonovia is one of the central companies in the German housing market. With around 1 million customers at 400 locations, the giant Group generated sales of 3.7 billion euros last year. The value has multiplied since the company was founded in 2001. The business is divided into three units: Letting, Extension and Sale of Real Estate, Construction, Leasing and Management.

Vonovia’s motto “We give people a home” will be even more present in Germany’s cities in the future. This is because the already large real estate company would increase its market share many times over by merging with Deutsche-Wohnen. To date, Vonovia’s portfolio spans 400 German locations and over 400,000 apartments. The large range of apartments can be found in cities such as Berlin, Düsseldorf, Cologne, Hamburg, Munich and Frankfurt am Main.

Facts and figures

  • Main location: Bochum
  • Locations: 400
  • Turnover: EUR 3.67 billion (2019)
  • Foundation: 2001
  • Predecessor: Gagfah
  • Customers: Approximately 1 million

Share price

German real estate companies are earning better than ever before. When you look at the price trends of the individual share prices, you quickly see that “residential gold” is still a household name. Renting or managing real estate through Immobilien GmbHs in Germany means that over 2 decades of stable returns. Vonovia stock is one of the most valuable stocks in Germany. Read more here about the:

Here’s a quick look at how the stock has performed over the last 36 months:

Deutsche-Wohnen: Quality & excellent locations

Deutsche Wohnen (founded in 1924) is the second largest real estate company in Germany after Vonovia. Its headquarters are located in Frankfurt am Main. The portfolio currently comprises around 164,300 units, including 161,500 residential units and 2,800 commercial units. The properties are characterized above all by high quality and excellent locations: Almost 92% of the properties are located in German growth regions.

Facts and figures on Deutsche Wohnen

  • Number of employees: 1,280
  • Foundation: 1924
  • Residential units: 161,500
  • Commercial units: 2,800
  • Investment planning (2020): 3 billion euros

Share price

After Vonovia, the Deutsche Wohnen share is the most valuable on the German and European real estate market. Read more here about the

Here’s a quick look at how the stock has performed over the last 36 months:

Vonovia and Deutsche-Wohnen are just two of many large, important stocks on the market. We have compiled a Top 30+ with the largest and most valuable real estate stocks. Below you will find all the important information about the top stocks.

Real Estate Stocks: Top 30+

Not everyone can affordreal estate as an investment. Through real estate shares, however, everyone can participate in the real estate market and invest money. The share prices of the major players rise year after year. Vonovia, Deutsche Wohnen, Dream Global, CBRE and Patrizia are a few of the best known active companies in Germany. In addition, there are more than 25 other companies. We have compiled an overview of the most popular real estate stocks for you as an investor. But first, a look at the risks of a stock, the stock market, for beginners and beginners. Now to the list and more about the real estate market, your investment options and all prices at a glance, you will find here:

Real Estate News:

The Süddeutsche Zeitung says “Vonovia does not have to become a rent shark”. The Handelsblatt even headlines “Share deals loophole: Why the merger of Vonovia and Deutsche Wohnen is triggering a tax debate” and ARD warns “Merger plans alarm tenants”. The headlines are now familiar. Here is more news from the real estate industry:

Focus Online: KfW loan saves real estate buyers thousands

The Focus Online blog reports on “Study shows: Who should pay? In some regions, buyers boycott exaggerated real estate prices now” and “Construction financing: Building money has never been so cheap” . More news and current laws:

IM Immobilienmanager: Warburg-HIH Invest buys police headquarters near Cologne

This week at IM Immobilienmanager among others articles about “Warburg-HIH Invest acquires new police headquarters near Cologne” and “ISG Germany appoints new managing director” . You can find more news here:

Frankfurter Allgemeine: New life for houses of worship

The Frankfurter Allgemeine reports this week, for example, “New life for houses of worship: What can become of churches” and “Changing neighbourhoods: Images of memory”. More news from the past days:

  • New life for places of worship: what can become of churches
  • House on offer: Tenant desperately sought
  • Neighbourhood in Transition: Images of Memory

Haufe: Will housing become more expensive?

New in the business section of Haufe this week is, among others, “Solar obligation in Baden-Württemberg: Will housing become more expensive?” as well as “Who comes, who goes? New CEO at Dr. Klein Wowi Digital; IC Group replaces management” . More real estate news for tenants, buyers and sellers:

T-Online: Housing prices continue to rise faster than rents

This week T-Online has topics such as ” Real estate collapse in major cities – experts warn of real estate bubble ” and ” Expensive CO2 participation – landlords demand Seehofer’s resignation ” . New topics of the week:

Berlin.de: Vonovia with audit process

New articles and posts from Berlin.de this week include “Rent brake for municipal apartments in Berlin ” and “Expropriation initiative has almost 200,000 signatures” . More headlines of the week:

Immobilien Zeitung: Hamburg is building apartments like it last did in 1974

This week Immobilien Zeitung has interesting topics such as “Hamburg builds as many apartments as last 1974” and “Sometimes only a pharmacy and a supermarket remain of the trade” in the magazine. The posts and more tips can be found here:

Spiegel: Social promises of the real estate bosses?

This week’s Spiegel is about “”The sheer size may worry one or the other”” and “What good is the social promise of the real estate bosses?” . More news from this week: