Vonovia Experiences Dynamic Growth, Returns to Pre-Crisis Levels

Vonovia SE announced significant growth in the first nine months of 2025, with an adjusted EBITDA increase of around €175 million. The company expects an additional rise of €200 million in 2026. Key financial indicators show positive results, and customer satisfaction reached an all-time high. Vonovia completed 1,555 new units and initiated 1,600 projects, marking a strong return to pre-crisis performance.

Between January and September 2025, Vonovia's core rental business saw a 2.5% rise in adjusted EBITDA despite a 9,000 unit portfolio reduction. Operating free cash flow surged by 27.4%. Vonovia confirmed an increased full-year guidance, with a projected adjusted EBITDA of €2.8 billion for 2025.

Vonovia remains committed to climate neutrality by 2045, reducing carbon intensity by 44% since 2013, and investing in new energy-efficient initiatives, including heat pumps to reduce gas dependency. Strategic growth in value-add, development, and recurring sales segments contributed to a robust financial performance.