Deutsche Wohnen SE

Deutsche Wohnen is a holding company. Co.'s business focus is on residential and nursing properties in conurbations and metropolitan areas of Germany. Co. conducts its operations through three segments: asset/property management, disposal and nursing. Co.'s asset/property management segment includes all activities relating to the management and administration of residential property, the management of rental contracts and tenant support. Co.'s disposal segment comprises the disposal of residential units and portfolios managed by its Deutsche Wohnen Corporate Real Estate GmbH subsidiary. Co.'s nursing segment manages and markets retirement and nursing homes for senior citizens.
  • TickerA0HN5C
  • ISINDE000A0HN5C6
  • SectorReal Estate Investment & Services
  • CountryGermany

Analysts

Manuel Martin

ODDO : German residential real estate still resilient overall but: “Ich bin ein Berliner!” (JFK) – Berliners are a different breed

We expect the German residential real estate market to remain resilient overall, assuming no drastic increase in rent regulation, as the demand/supply imbalance remains favourable and the low interest environment in Europe is likely to persist. However, we remain cautious on the Berlin market and continue to highlight Vonovia (Buy, TP € 51) as our preferred pick in the German residential real estate sector. - >As we suspected, Berlin Senate agreed a 5-year rent freeze - §s...

Manuel Martin

ODDO : German residential real estate still resilient overall but: “Ich bin ein Berliner!” (JFK) – Berliners are a different breed

We expect the German residential real estate market to remain resilient overall, assuming no drastic increase in rent regulation, as the demand/supply imbalance remains favourable and the low interest environment in Europe is likely to persist. However, we remain cautious on the Berlin market and continue to highlight Vonovia (Buy, TP € 51) as our preferred pick in the German residential real estate sector. - >As we suspected, Berlin Senate agreed a 5-year rent freeze - §s...

Deutsche Wohnen SE : Berlin rental freeze can be absorbed by most real estate issuers

The Berlin senate will propose legislation on 18 June 2019 to freeze rents in Berlin for five years, starting from 2020. - Other measures include the following: 1/ New tenants will be able to have their rental costs checked by Berlin authorities to ensure they are not being charged more than previous tenants; 2/ landlords are required to notify authorities about any modernisation works to an apartment and such refurbishment would be allowed to increase monthly rents, but only by a ...

Manuel Martin

ODDO : German residential real estate still resilient overall but: “Ich bin ein Berliner!” (JFK) – Berliners are a different breed

We expect the German residential real estate market to remain resilient overall, assuming no drastic increase in rent regulation, as the demand/supply imbalance remains favourable and the low interest environment in Europe is likely to persist. However, we remain cautious on the Berlin market and continue to highlight Vonovia (Buy, TP € 51) as our preferred pick in the German residential real estate sector. - >As we suspected, Berlin Senate agreed a 5-year rent freeze - §s...

Manuel Martin

ODDO : German residential real estate still resilient overall but: “Ich bin ein Berliner!” (JFK) – Berliners are a different breed

We expect the German residential real estate market to remain resilient overall, assuming no drastic increase in rent regulation, as the demand/supply imbalance remains favourable and the low interest environment in Europe is likely to persist. However, we remain cautious on the Berlin market and continue to highlight Vonovia (Buy, TP € 51) as our preferred pick in the German residential real estate sector. - >As we suspected, Berlin Senate agreed a 5-year rent freeze - §s...

ING
Jaap Kuin

Deutsche Wohnen/A game changer/HOLD (previously Buy)

After the shock news yesterday that the Berlin government will likely put in place severe rent restrictions we price in a high likelihood of strongly limited rent growth for Deutsche Wohnen (DWNI). While much remains unclear about implementation, timeline and legality we shift our base case to include likely proposed new rules. Key elements are a 5-year freeze on rent increases, including at tenant rotation, and a likely adjustment to modernization projects in Berlin which drove 2ppt out of our 3.5% long term LFL rental growth assumption. The high (capex driven) rent growth and long term dynam...

ING
Research Department

Benelux Morning Notes

Avantium: From Synvina to ARP. BE Semiconductor Industries: Feedback from analyst & investor meeting. Cofinimmo: Sells another Brussels decentralized office building. D'Ieteren: Management favors large investment. German resi: Why this one is different. NN Group: To acquire VIVAT Non-life for €556m SBM Offshore: What about Mero?

1 director bought

A director at Deutsche Wohnen AG bought 27,750 shares at 35.515EUR and the significance rating of the trade was 100/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the last two years clearly showing Close periods where trading activity is restricted under listing rules. The names o...

Deutsche Wohnen SE : Berlin rental freeze can be absorbed by most real estate issuers

The Berlin senate will propose legislation on 18 June 2019 to freeze rents in Berlin for five years, starting from 2020. - Other measures include the following: 1/ New tenants will be able to have their rental costs checked by Berlin authorities to ensure they are not being charged more than previous tenants; 2/ landlords are required to notify authorities about any modernisation works to an apartment and such refurbishment would be allowed to increase monthly rents, but only by a ...

Deutsche Wohnen SE : Berlin rental freeze can be absorbed by most real estate issuers

The Berlin senate will propose legislation on 18 June 2019 to freeze rents in Berlin for five years, starting from 2020. - Other measures include the following: 1/ New tenants will be able to have their rental costs checked by Berlin authorities to ensure they are not being charged more than previous tenants; 2/ landlords are required to notify authorities about any modernisation works to an apartment and such refurbishment would be allowed to increase monthly rents, but only by a ...

Expert Corporate Governance Service (ECGS)

Deutsche Wohnen - AGM 18 June 2019

General: Deutsche Wohnen is one of Europe's leading listed real estate companies. The Company focuses on three key business areas: Residential Property Management and Disposals as well as Nursing and Assisted Living. Deutsche Wohnen's portfolio currently comprises around 167,100 units, of which 164,400 are residential units and 2,700 are commercial properties. Agenda: We have no concerns over the agenda items at this year's AGM.

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