Deutsche Wohnen
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Company type | Societas Europaea |
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FWB:DWNI SDAXcomponent | |
ISIN | DE000A0HN5C6 |
Industry | real estate |
Predecessor | Deutsche Bank AGproperties |
Founded | 1998 |
Headquarters | Berlin, Germany |
Key people | Michael Zahn (CEO) Uwe E. Flach (Chairman) |
Revenue | 1,182.30 millionEuro(revenues 2017)[1] |
Number of employees | 1,111(Dec 31, 2017)[1] |
Website | www.deutsche-wohnen.com |
Deutsche Wohnen SEis a Germanproperty company,and one of the 30 companies that compose theDAXindex. Previously listed on theMDAX,it replacedLufthansaon the DAX after Lufthansa was downgraded to the MDAX because of losses during theCOVID-19 pandemic.[2][3]Germany's largest real estate company for private apartmentsVonoviatook over Deutsche Wohnen, the second largest German company in 2021. Vonovia acquired additional shares and now holds 87.6 percent of Deutsche Wohnen. This created a European real estate giant with around 568,000 apartments.[4]
History
[edit]In July 2015, it was reported that Deutsche Wohnen had about EUR 600M available, and might be looking to acquire 8,000-9,000 apartments.[5]
In September 2021, apublic referendumnamed after the company took place, asking the residents of Berlin if large corporate landlords should have their residential apartments expropriated. Over 56% of voters agreed, and the decision has been put before the newly electedlocal government.[6]
See also
[edit]References
[edit]- ^ab"Geschäftsbericht 2017"(PDF).Archived fromthe original(PDF)on 2018-04-19.Retrieved2018-08-28.
- ^Kuhnert, Jan; Leps, Olof (2017-01-01).Neue Wohnungsgemeinnützigkeit(in German). Springer Fachmedien Wiesbaden. pp. 261–274.doi:10.1007/978-3-658-17570-2_9.ISBN9783658175696.
- ^"Lufthansa verliert Platz im Dax, Deutsche Wohnen steigt auf".ZEIT ONLINE(in German).Retrieved2020-06-05.
- ^reserved, Copyright Haufe-Lexware GmbH & Co KG- all rights."Fusion zum Immobilienriesen: Vonovia schluckt Deutsche Wohnen".Haufe.de News und Fachwissen(in German).Retrieved2023-07-20.
- ^"Deutsche Wohnen has 600 mln war chest for acquisitions".Reuters.25 July 2015.Retrieved2 August2015.
- ^"Berlin's vote to take properties from big landlords could be a watershed moment | Alexander Vasudevan".the Guardian.2021-09-29.Retrieved2021-09-29.