Deutsche Wohnen

DGAP-News: Deutsche Wohnen SE: Deutsche Wohnen sells around 11,000 residential and commercial units to the State of Berlin

Friday, September 17, 2021 - 12:07pm

Deutsche Wohnen and the State of Berlin have reached an agreement on the sale of selected properties from the company's portfolio.

Key Points: 
  • Deutsche Wohnen and the State of Berlin have reached an agreement on the sale of selected properties from the company's portfolio.
  • Michael Zahn, CEO of Deutsche Wohnen: "With the sale, we are reaffirming our role as a trustworthy partner for the State of Berlin.
  • In this context, a total of around 20,000 apartments have been offered for sale to the state of Berlin by Deutsche Wohnen and Vonovia.
  • Of the units acquired by the three state companies from Deutsche Wohnen, 19 percent is subsidized housing built between 1950 and 1999.

DGAP-News: Vonovia SE: Vonovia sells Berlin housing stock from the Future and Social Pact for Housing to municipal housing companies

Friday, September 17, 2021 - 12:06pm

- Agreement on the sale of a total package of 14,750 Vonovia and Deutsche Wohnen apartments from the Future and Social Pact for Housing to berlinovo, degewo and HOWOGE

Key Points: 
  • - Agreement on the sale of a total package of 14,750 Vonovia and Deutsche Wohnen apartments from the Future and Social Pact for Housing to berlinovo, degewo and HOWOGE
    Bochum, 17 September 2021 - Vonovia SE ("Vonovia") has successfully concluded talks on the sale of housing stock in Berlin to the municipal housing companies berlinovo, degewo and HOWOGE.
  • The apartments shall be transferred to the municipal housing companies in January and July of next year.
  • Rolf Buch, CEO of Vonovia: "With this sale of housing stock in Berlin to the municipal housing companies, we are fulfilling a central promise to the Berlin Senate from the Future and Social Pact for Housing.
  • As a reliable political and social partner, we contribute sustainably to solutions for the Berlin housing market."

DGAP-News: Deutsche Wohnen SE: Notice to the Holder of the Deutsche Wohnen SE EUR 800 million Convertible Bonds due 2024 (ISIN DE000A2BPB84)

Tuesday, September 14, 2021 - 7:05pm

On 23 August 2021, Vonovia SE published the offer document for a voluntary public tender offer to acquire all shares in the Issuer.

Key Points: 
  • On 23 August 2021, Vonovia SE published the offer document for a voluntary public tender offer to acquire all shares in the Issuer.
  • Alternatively, Holders may submit a Conditional Conversion Notice (which is conditional upon the occurrence of an Acceptance Event) during the Conditional Conversion Notice Period, i.e.
  • The Acceptance Event will occur as soon as Vonovia SE has published the notice in accordance with section 23 para.
  • The Holders are advised to use the respective form for the selected type of Conversion Notice obtainable from the Conversion Agent.

DGAP-News: Deutsche Wohnen SE: Notice to the Holder of the Deutsche Wohnen SE EUR 800 million Convertible Bonds due 2026 (ISIN DE000A2GS377)

Tuesday, September 14, 2021 - 7:05pm

On 23 August 2021, Vonovia SE published the offer document for a voluntary public tender offer to acquire all shares in the Issuer.

Key Points: 
  • On 23 August 2021, Vonovia SE published the offer document for a voluntary public tender offer to acquire all shares in the Issuer.
  • Alternatively, Holders may submit a Conditional Conversion Notice (which is conditional upon the occurrence of an Acceptance Event) during the Conditional Conversion Notice Period, i.e.
  • The Acceptance Event will occur as soon as Vonovia SE has published the notice in accordance with section 23 para.
  • The Holders are advised to use the respective form for the selected type of Conversion Notice obtainable from the Conversion Agent.

DGAP-News: Deutsche Wohnen SE: Executive Board and Supervisory Board of Deutsche Wohnen recommend shareholders to accept new, improved takeover offer by Vonovia

Tuesday, August 31, 2021 - 11:04am

Deutsche Wohnen SE: Executive Board and Supervisory Board of Deutsche Wohnen recommend shareholders to accept new, improved takeover offer by Vonovia

Key Points: 
  • Deutsche Wohnen SE: Executive Board and Supervisory Board of Deutsche Wohnen recommend shareholders to accept new, improved takeover offer by Vonovia
    The issuer is solely responsible for the content of this announcement.
  • Executive Board and Supervisory Board of Deutsche Wohnen recommend shareholders to accept new, improved takeover offer by Vonovia
    Offer provides shareholders the opportunity for a secure, timely and fair realization of value
    Berlin, August 31, 2021.
  • Based on this analysis, the Executive Board and Supervisory Board consider the offer price of 53 euros per Deutsche Wohnen share offered by Vonovia as fair and adequate.
  • The takeover offer by Vonovia provides shareholders of Deutsche Wohnen the opportunity for a secure, timely and fair realization of value.

DGAP-News: Vonovia SE: Successful bond issue: Vonovia places corporate bonds totalling € 5 billion with an average coupon of 0.49 %

Friday, August 27, 2021 - 7:01am

Bochum, 27 August 2021 - Yesterday, Vonovia SE successfully issued five unsecured and fixed-interest bonds with a total volume of 5 billion.

Key Points: 
  • Bochum, 27 August 2021 - Yesterday, Vonovia SE successfully issued five unsecured and fixed-interest bonds with a total volume of 5 billion.
  • For the first time, Vonovia placed a bond with a maturity of 30 years.
  • The issue follows the successful placement of corporate bonds with a volume of 4 billion in June 2021.
  • "All in all, we have made our very healthy financing base even more flexible with these new bonds.

DGAP-News: Deutsche Wohnen SE: Notice to the Holder of the Deutsche Wohnen SE EUR 800 million Convertible Bonds due 2026 (ISIN DE000A2GS377)

Monday, August 23, 2021 - 11:02am

The Issuer hereby gives notice pursuant to 10 para.

Key Points: 
  • The Issuer hereby gives notice pursuant to 10 para.
  • (3) (iii) of the Terms and Conditions, which can be determined only upon the occurrence of the Acceptance Event.
  • These statements express the intentions, opinions or current expectations and assumptions of Deutsche Wohnen and the individuals acting in concert with it.
  • It should be remembered that the actual results or consequences may differ considerably from those mentioned or contained in the forward-looking statements.

DGAP-News: Deutsche Wohnen SE: Notice to the Holder of the Deutsche Wohnen SE EUR 800 million Convertible Bonds due 2024 (ISIN DE000A2BPB84)

Monday, August 23, 2021 - 11:02am

The Issuer hereby gives notice pursuant to 10 para.

Key Points: 
  • The Issuer hereby gives notice pursuant to 10 para.
  • (3) (iii) of the Terms and Conditions, which can be determined only upon the occurrence of the Acceptance Event.
  • These statements express the intentions, opinions or current expectations and assumptions of Deutsche Wohnen and the individuals acting in concert with it.
  • It should be remembered that the actual results or consequences may differ considerably from those mentioned or contained in the forward-looking statements.

DGAP-News: Vonovia SE: Vonovia launches public takeover offer for Deutsche Wohnen shares

Monday, August 23, 2021 - 9:35am

- As of today, Deutsche Wohnen shareholders can tender their shares for EUR 53 per Deutsche Wohnen share.

Key Points: 
  • - As of today, Deutsche Wohnen shareholders can tender their shares for EUR 53 per Deutsche Wohnen share.
  • Conclusion of such an agreement excluded for a period of at least three years
    Bochum, 23 August 2021 - Further to the announcements made on 1 and 5 August 2021, Vonovia SE ("Vonovia") today announced the launch of its voluntary public takeover offer for all outstanding shares in Deutsche Wohnen SE ("Deutsche Wohnen").
  • As described in the offer document published today, Vonovia is offering EUR 53 in cash for each Deutsche Wohnen share.
  • The members of the Management Board and Supervisory Board who hold Deutsche Wohnen shares have stated their intention to accept the takeover offer for all their shares.

DGAP-News: Deutsche Wohnen SE: Deutsche Wohnen achieves stable half-year results

Friday, August 13, 2021 - 7:03am

In the first half-year, Deutsche Wohnen continued its stable development, and its results were in line with the forecast.

Key Points: 
  • In the first half-year, Deutsche Wohnen continued its stable development, and its results were in line with the forecast.
  • As before, Deutsche Wohnen takes a positive view of the intended business combination with Vonovia SE.
  • Michael Zahn, CEO of Deutsche Wohnen: "With its well-founded climate strategy and integrated new-build platform, Deutsche Wohnen has put itself in a strong position to meet its responsibilities to society as a whole.
  • Previously, Deutsche Wohnen and Vonovia had signed a new agreement on the merger of both companies on 1 August.