[7] By taking over competitors such as Viterra, Gagfah and most recently Deutsche Wohnen, Vonovia has become the market leader and the largest real estate company for private apartments in Germany.
[13] In the following years, Deutsche Annington invested in further smaller stocks of railway workers' apartments, which had previously remained in the ownership of the federal government.
[18] It was the largest transaction of its kind in the country's history,[19] which met with criticism from unions and tenant protection associations alike.
[20] In the course of this, Terra Firma Capital Partner's majority shareholding in Deutsche Annington was repeatedly brought up as a central theme.
[34][35] In 2013, Deutsche Annington finally placed its shares on the Frankfurt Stock Exchange with a lower volume and a reduced issue price.
[36][37] Two years later, the company became the first representative of the real estate industry to be included in the DAX, the index of the largest listed stock corporations in Germany.
[39] At the end of 2014, Deutsche Annington then officially offered to take over the competitor for around 3.9 billion euros to create a leading residential property group in Europe.
[59] A renewed attempt at taking over Deutsche Wohnen in May 2021 was approved by the Federal Cartel Office but stalled when the 50% threshold was not met at first.
[64] Currently, Vonovia is managed by Rolf Buch (Chairman and Chief Executive Officer), Arnd Fittkau, Helene von Roeder, and Daniel Riedl.
Based on a total fair market value of more than 52 billion euros, the vast majority of the portfolio was located in Germany (84%), with the remainder in Sweden (11%), and Austria (5%).
In a public referendum held one day earlier, the majority of Berliners decided in favour of nationalising the housing stocks of large residential property companies.
Vonovia CEO Rolf Buch responded to the referendum outcome by saying "Expropriation won't solve the many challenges in Berlin's housing market.
As of September 2021 only 1000 roofs are equipped with solar panels despite supporting the SDG climate goals confirm the UN COP21 Paris Agreement.