Vonovia Expects Adjusted EBT to Remain Broadly Flat in 2027 and 2028
- Vonovia confirmed 2026 earnings guidance, targeting adjusted EBITDA in the range’s bottom half and adjusted EBT near the low end.
- Adjusted shareholder earnings should reach the range’s upper half, reflecting lower taxes from weaker recurring sales volumes.
- For 2027 and 2028, adjusted EBT and adjusted shareholder earnings are expected broadly flat as higher financing costs offset EBITDA growth.
- Organic rent growth guidance falls to 3.8%, reflecting softer local rent indices and fewer Development-to-Hold completions; planned investment drops to EUR 1.3 billion.
- The 40% loan-to-value target by 2028 remains intact but is harder to achieve; portfolio valuations are expected broadly flat in 2026.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Vonovia SE published the original content used to generate this news brief on November 05, 2026, and is solely responsible for the information contained therein.