Vonovia Stock: Under Pressure
Vonovia, Germany’s largest residential landlord, is facing criticism over high rents in the Ruhr area. The German Tenants’ Association of North Rhine-Westphalia claims the company is charging excessive prices, particularly in Essen. Meanwhile, the firm reports strong financial growth, with adjusted earnings rising in 2025.
The Tenants’ Association accuses Vonovia of setting rents around 25% above the local index in Essen. It also highlights that cities without rent controls see even sharper increases. In response, the company argues that higher rents reflect modernisation work on its properties.
Financially, Vonovia has seen a 6% rise in adjusted EBITDA, reaching €2.12 billion for the first nine months of 2025. The company also projects an extra €200 million in EBITDA for 2026. Despite this, its share price remains weak, trading 20% below its 52-week high of €30.39. Today, it closed at €24.10, just above its yearly low of €23.67. Analysts remain optimistic, with eight out of nine recommending a buy. Their average price target stands at €36.99. Leadership changes are also on the horizon, with Luka Mucic set to replace Rolf Buch as CEO by the end of 2025 or early 2026. The Tenants’ Association is now pushing for expanded rent caps across all Ruhr region cities to address the issue.
Vonovia continues to face pressure over rent levels while posting solid financial results. The company’s share price struggles, but market analysts still see potential for growth. The call for stricter rent controls could shape future housing policies in the region.
Read also:
- Executive from significant German automobile corporation advocates for a truthful assessment of transition toward electric vehicles
- Crisis in a neighboring nation: immediate cheese withdrawal at Rewe & Co, resulting in two fatalities.
- United Kingdom Christians Voice Opposition to Assisted Dying Legislation
- Democrats are subtly dismantling the Affordable Care Act. Here's the breakdown
