This topic summarizes and discusses Deutsche Wohnen’s Q1 2024 Earnings.
- Deutsche Wohnen’s Q1 2024 earnings were stable, its adjusted EBITDA rental was up 2.5% y/y to €160.4 million while adjusted EBT rose 3.3% y/y to €141.3 million.
- NAV was flat y/y at €17,010 million (NAV per share: €42.85), vacancy rate fell from 1.9% in Q1 2023 to 1.6%, in-place rent per sqm grew 3.3% y/y to €7.76 while LTV was down 40 basis points to 30%.
https://ir.deutsche-wohnen.com/websites/dewohnen/English/6100/news.html?newsID=2757495
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