
Vonovia SE moves up to Europe’s leading index, EURO STOXX 50
- Inclusion underscores Vonovia’s successful, sustainable de-velopment since the IPO in 2013
- Vonovia is the only real estate company listed in the EURO STOXX 50
- The relevant criterion is Free Float Market Capitalization
Bochum, Germany, September 2, 2020 – The index issuer Stoxx Ltd., which is part of the Deutsche Börse AG Group, announced yesterday evening in the course of its yearly review that Vonovia SE (“Vonovia”) will be included in the European blue chip stock index EURO STOXX 50, effective September 18 (after close of trade). Vonovia will be the only real estate company currently included in Europe’s leading index and the first residential real estate company ever to be part of this index.
“Current and future challenges increasingly require European solutions. It’s a good signal for the entire industry that a real estate company – Vonovia – is now represented in the EURO STOXX 50. This increases the visibility of our important economic sector,” says Rolf Buch, Chief Execu-tive Officer of Vonovia. “The consideration of Vonovia reflects our sus-tainable growth, our robustness and the stability of our business model. It is also a distinction for our employees, who are deeply committed to our tenants, especially during the coronavirus pandemic.”
The EURO STOXX 50 consists of the fifty most valuable listed companies in the Eurozone. It was introduced in 1998 and is considered the most important indicator of performance on the European stock market. The index is licensed to financial institutions to serve as an underlying for a wide range of investment products such as exchange-traded funds (ETFs), futures, options and structured products worldwide
The basis for the classification is the free float market capitalization based on the closing price at the end of August 2020. Seven years after its IPO in July 2013 (approximately € 0.4 billion) and five years after its promotion to the DAX 30 (approximately € 13 billion), Vonovia’s free float market capitalization has increased to more than € 30 billion. After the index update, the EURO STOXX will include 50 companies from a total of 9 countries and 18 sectors.
2020/2021 Financial Calendar:
October 1, 2020: “Outlook for climate-neutral living” (Perspektiven klimaneutralen Wohnens) conference, both in digital form and on the EUREF Campus in Berlin
November 4, 2020: Interim Statement for the first nine months of 2020
March 4, 2021: Annual Report 2020
