Deutsche Wohnen Releases Preliminary Financial Results for 9M 2024

Berlin-based real estate company Deutsche Wohnen SE has shared its preliminary financial results for the first nine months of 2024. The reported Adjusted EBT from continued operations reached €384.1 million, or €0.97 per share. Furthermore, the company’s Net Asset Value (NAV) stood at €16,606.0 million, translating to a NAV per share of €41.84. These results follow the interim financial findings of the majority shareholder, Vonovia SE.

Deutsche Wohnen, part of the Vonovia Group, focuses on managing a vast portfolio of residential properties across key metropolitan regions in Germany. As of September 30, 2024, it managed around 140,000 residential units. The company emphasizes its role in providing quality and affordable housing within vibrant communities.

The finalized figures for Deutsche Wohnen’s financial performance during this period are expected to be disclosed on November 8, 2024.