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Vonovia ANNGR (Baa1/BBB+): 1Q24 Preview

REAL ESTATE

The big news for Vonovia last year was the revaluation of their portfolio by -11%. The company fully revalued its portfolio at the end of 2023 but they do also assess any major valuation developments quarterly.


• Watch for maintenance and modernization expense: this fell -4% and -43% respectively in 2023.

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The big news for Vonovia last year was the revaluation of their portfolio by -11%. The company fully revalued its portfolio at the end of 2023 but they do also assess any major valuation developments quarterly.


• Watch for maintenance and modernization expense: this fell -4% and -43% respectively in 2023.

Keep reading...Show less