Vonovia, headquartered in Bochum, Germany, is one of the leading residential real estate companies in Europe. The company was established in 2001 as Deutsche Annington and changed its name to Vonovia in 2015. Vonovia primarily focuses on the acquisition, management, and development of residential properties.

The company owns and manages approximately 400,000 residential units spread across Germany, Austria, Sweden, and France. The company operates through various segments, including Rental, Value-Add, Development, and Recurring Sales. The rental segment is the largest and generates continuous rental income from its vast real estate portfolio.

The value-add segment involves modernizing and upgrading existing properties to increase their value. The development segment focuses on the construction of new residential units. Lastly, recurring sales consist of selling individual apartments or properties from the portfolio.

Vonovia has expanded its global presence through significant acquisitions and partnerships. Noteworthy subsidiaries include BUWOG, a leading Austrian residential property developer, and Victoria Park, a Swedish residential company. Furthermore, Vonovia has joint ventures with other real estate companies to jointly develop and manage properties.

In terms of market position, Vonovia is a major player in the global real estate industry. With its extensive portfolio and international presence, the company is one of the largest residential real estate companies in Europe. It faces competition from other industry giants like LEG Immobilien, Deutsche Wohnen, and Covivio.

Over the years, Vonovia has achieved several milestones and made strategic moves to support its growth. In 2020, the company acquired Victoria Park, further expanding its presence in the Swedish market. Additionally, Vonovia has been actively involved in sustainability initiatives and aims to reduce its carbon emissions and promote energy-efficient properties.

As of the latest available information, Vonovia continues to strengthen its market position and actively pursue new opportunities for growth. The company remains committed to providing affordable and high-quality housing solutions to its residents