Deutsche Wohnen SE banner

Deutsche Wohnen SE
OTC:DTCWY

Watchlist Manager
Deutsche Wohnen SE Logo
Deutsche Wohnen SE
OTC:DTCWY
Watchlist
Price: 12 USD 4.48% Market Closed
Market Cap: $9.5B

Deutsche Wohnen SE
Investor Relations

Deutsche Wohnen SE, a prominent player in the real estate sector, primarily focuses on residential properties across Germany, with a substantial footprint in key metropolitan areas like Berlin, where demand for housing continues to surge. The company’s journey began over two decades ago, and it has since evolved into one of the leading real estate companies in Europe. Through strategic acquisitions and active portfolio management, Deutsche Wohnen has built a reputation for transforming underperforming assets into valuable investments. The company runs a lean operation, leveraging economies of scale to optimize property management and maintenance costs, ensuring that its large portfolio remains both profitable and appealing to residents.

Revenue generation for Deutsche Wohnen is largely centered on collecting rental income, which constitutes the lion's share of its earnings. The company's business model is augmented by innovative property management approaches, focusing on energy-efficient renovation and modernization initiatives that not only enhance tenant satisfaction but also comply with increasing regulatory demands for sustainability. Deutsche Wohnen’s keen emphasis on urban centers ensures a steady stream of rental income given the persistent demand for housing in these areas. By maintaining a robust and adaptive strategy, the company has managed to navigate through various market challenges, continually driving shareholder value while meeting the housing needs of a broad resident base.

Show more
Loading
No Stocks Selected

Compare the stock's returns with its benchmark index and competitors. Gain insights into its relative performance over time.

Select Stock to Compare
Last Earnings Call
Fiscal Period
Q1 2021
Call Date
May 12, 2021
AI Summary
Q1 2021

Rent Cap Clarity: The Berlin rent cap was declared unconstitutional, providing legal certainty for Deutsche Wohnen and its tenants.

No 2021 Rent Increases: Management confirmed they will not implement rent increases in 2021 due to COVID-19 and political sensitivity in Berlin.

Solid Q1 Financials: Key performance indicators showed positive development, with income from rents up 3.5% and FFO I per share up 13% year-on-year.

Guidance Confirmed: Full-year guidance remains unchanged, with Q1 results on track to meet FFO I target of around EUR 545 million.

Climate & ESG Commitments: Deutsche Wohnen reiterated its goal to make its portfolio and operations climate-neutral by 2040 and to enhance ESG targets in executive compensation.

Active Portfolio Management: The company continues to focus on new developments in major cities, with planned investments and targeted disposals in both Berlin and Western Germany.

Key Financials
Average In-Place Rent
EUR 7.11 per sqm per month
Like-for-Like Rental Growth
1.3%
Income from Rents
EUR 218 million
NOI (Net Operating Income)
EUR 180 million
NOI Margin
Above 82%
Privatization Gross Margin
Around 30%
Average Privatization Disposal Price
EUR 3,600 per sqm (Greater Berlin)
Adjusted EBITDA (Excl. Disposals)
EUR 192 million
FFO I
Slightly below EUR 155 million
FFO I Per Share
EUR 0.45
EPRA NTA Per Share
EUR 52.50
LTV (Loan-to-Value)
Around 37%
Nursing/Assisted Living EBITDA
Around EUR 20 million (Q1)
Earnings Call Recording
Other Earnings Calls
2021
2020
2018

Management

Mr. Lars Urbansky B.A.
CEO & Member of Management Board
No Bio Available
Mr. Olaf Weber
CFO & Member of Management Board
No Bio Available
Ms. Eva Weib
Chief Development Officer & Member of Management Board
No Bio Available
Dr. Marcus Eilers
Managing Director of Corporate Development & Strategy
No Bio Available
Mr. Jens Koglin
Managing Director of Human Resources
No Bio Available

Contacts

Address
BERLIN
Berlin
Mecklenburgische Strasse 57
Contacts
Get AI-powered insights for any company or topic.
Open AI Assistant

Intrinsic Value is all-important and is the only logical way to evaluate the relative attractiveness of investments and businesses.

Warren Buffett