Vonovia: Winner of the Federal Government's Reform Package Presented Today!

Vonovia is worth a look again after the correction in recent months. Rising bond yields and the recent interest rate hike by the ECB have been detrimental to the company, which already has difficulties expanding with new constructions due to high building costs. On the other hand, rising rents provide some support. According to the Factset consensus, an EPS increase from €1.76 to €1.91 in the period from 2026 to 2027 would have been possible. However, the issue of housing shortages would still remain. Federal Government's Reform Package Provides...