Vonovia SE is a German housing company and one of the largest landlords in Europe. Based in Bochum, Vonovia SE was founded in 2001, originally known as Annington Immobilien AG. It is often listed on the Forbes Global 2000, a list that is comprised of the biggest companies in the world. Despite Germany’s strict rental laws, Vonovia SE has become a powerhouse in private land ownership.
Listed as VNA.DE on the Frankfurt Stock Exchange, Vonovia SE went public in 2013, with a price per share of €16.50. VNA.DE is part of the DAX 30, an index of the 30 largest companies on the Frankfurt Stock Exchange. Since 2018, Vonovia SE stock is indexed on the the DivDax.
Vonovia SE purchased apartments from RWE in 2004, worth a total of €225 million. The company has continued to make key property purchases during the years, most notably a €7 billion purchase of 152,000 apartments from Viterra AG in 2005 and a buyout of top competitor, Gagfah, for a total of €3.9 billion.
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