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Deutsche Wohnen AG (DWNG.DE)

DWNG.DE on Xetra

34.41EUR
8:07am EDT
Change (% chg)

€-0.41 (-1.18%)
Prev Close
€34.82
Open
€34.72
Day's High
€34.77
Day's Low
€34.31
Volume
362,964
Avg. Vol
919,663
52-wk High
€35.40
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€26.54

Latest Key Developments (Source: Significant Developments)

Deutsche Wohnen Q1 like-for-like rental growth of 3.3 pct
Friday, 12 May 2017 01:17am EDT 

May 12 (Reuters) - Deutsche Wohnen Ag :Q1 like-for-like rental growth of 3.3% .Q1 increase in FFO I by 11 % to approximately EUR 113 million.For FY 2017 confirms its forecast of an FFO I of about EUR 425 million in base case.Gross rental income rose to eur 180.4 million (previous year: 171.5 million) in Q1 2017.  Full Article

GETEC and Deutsche Wohnen strengthen partnership through acquisition of Stadtwerke Thale
Friday, 28 Apr 2017 04:55am EDT 

April 28 (Reuters) - Deutsche Wohnen AG ::GETEC and Deutsche Wohnen strengthen partnership through the acquisition of Stadtwerke Thale.  Full Article

Deutsche Wohnen sees 2017 FFO I rising to 425 mln euros
Tuesday, 21 Mar 2017 02:16am EDT 

Deutsche Wohnen : Says proposes dividend of 0.74 eurper share for 2016 . Says sees 2017 FFO I of 425 million eur including acquisitions already announced .Says expects positive development in value of property holdings in 2017, increase of the EPRA NAV versus 2016.  Full Article

Vonovia CEO doesn't expect large divestments from Conwert portfolio
Tuesday, 7 Mar 2017 02:35am EST 

Vonovia CEO tells journalists: Ceo says to focus on organic growth, not m&a; deutsche wohnen not high on my agenda . Ceo says does not expect large divestments from conwert portfolio Further company coverage: [VNAn.DE] ((frankfurt.newsroom@thomsonreuters.com; +49 69 7565 1270;)).  Full Article

Deutsche Wohnen buys Berlin real estate portfolio for 655 mln euros
Monday, 6 Mar 2017 02:33am EST 

Deutsche Wohnen Ag : dgap-news: deutsche wohnen ag: deutsche wohnen acquires real estate portfolio with almost 4,200 units in berlin . Purchase price amounts to around eur 655 million or eur 2,390 per square meter . Acquisition will be financed through proceeds of recent successful placement of new shares and convertible bonds of deutsche wohnen .Initially, portfolio is expected to contribute around eur 22 million of net cold rent per year, leading to an ebitda of c. Eur 15 million.  Full Article

Deutsche Wohnen buys back outstanding convertible bonds for 467 mln euros
Wednesday, 22 Feb 2017 11:30am EST 

Deutsche Wohnen AG : dgap-news: deutsche wohnen ag: deutsche wohnen ag successfully repurchases outstanding convertible bonds due 2020 for a consideration of eur 467 million Further company coverage: [DWNG.DE] (Frankfurt Newsroom) ((Frankfurt.newsroom@thomsonreuters.com; +49 7565 1272;)).  Full Article

Deutsche Wohnen to launch 500 mln eur capital increase
Tuesday, 21 Feb 2017 12:51pm EST 

Deutsche Wohnen AG : Deutsche Wohnen AG to (i) issue new convertible bonds, (ii) solicit offers from investors to sell to deutsche wohnen ag outstanding convertible bonds and (iii) to launch cash capital increase . Launches issue of eur 800 million convertible bonds maturing in July 2024, to sell to Deutsche Wohnen outstanding convertible bonds due November 2020 . Launches a capital increase against cash contribution with intention to generate gross proceeds in amount of approximately EUR 500 million . Shares from capital increase and shares underlying new convertible bonds amount together to almost 10 percent of registered share capital of company. . Convertible bonds are convertible into newly issued or existing deutsche wohnen bearer shares with no par value or can be repaid in cash . New convertible bonds will be issued at 100 percent of their nominal value with a denomination of eur 100,000 per convertible bond and - unless previously converted, repurchased or redeemed - will be redeemed at par at maturity .New convertible bonds will be offered with an annual interest rate between 0.20 percent and 0.45 percent and a conversion premium between 48 percent and 58 percent above placement price per deutsche wohnen share in capital increase.  Full Article

Deutsche Wohnen says any acquisitions to focus on top locations
Tuesday, 15 Nov 2016 06:00am EST 

Deutsche Wohnen CEO during conference call : Says expects some construction subsidies by the German government given current market conditions . Says priority in acquisitions is top quality in top locations, but there's very little of that around . Says if you are in the right location like we are you have a good inflation hedge in case of rising interest rates and prices . Says priority in acqusitions is possible privatisation, will hence buy more buildings from the 1990s Further company coverage: [DWNG.DE] ((frankfurt.newsroom@thomsonreuters.com; +49 69 7565 1270;)).  Full Article

Deutsche Wohnen says names Philip Grosse as CFO from Sept 1
Monday, 8 Aug 2016 09:31am EDT 

Deutsche Wohnen Ag : new member appointed to the management board .Says appointed Philip Grosse as an additional member of management board and Chief Financial Officer.  Full Article

Deutsche Wohnen affirms guidance after Q1 earnings jump
Friday, 13 May 2016 01:00am EDT 

Deutsche Wohnen AG : FFO I improved by 25% to eur 0.30 per share . Increase in group profit to eur 100.6 million . Like-For-Like rental growth of 3.8 pct . Confirms its forecast that it will achieve an FFO I of at least eur 360 million . Valuation gains in company's property holdings are also anticipated for 2016 .It is expected that EPRA NAV per share will be between eur 25 and eur 26.  Full Article

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PRESS DIGEST- Financial Times - May 15

May 15 The following are the top stories in the Financial Times. Reuters has not verified these stories and does not vouch for their accuracy.