Finance
Germany's Vonovia returns to profit on write-ups as real-estate market recovers
Published by Global Banking and Finance Review
Posted on November 5, 2025
1 min readLast updated: January 21, 2026
Global Banking and Finance Review
Company
Published by Global Banking and Finance Review
Posted on November 5, 2025
1 min readLast updated: January 21, 2026
Vonovia reports a €3.41 billion profit, recovering from last year's €592 million loss, driven by apartment revaluations amid a recovering German real estate market.
FRANKFURT (Reuters) -Vonovia, Germany's largest real estate group, on Wednesday reported that it returned to profit in the first nine months of the year, as it recovers from the nation's worst property crisis in decades.
Net profit of 3.41 billion euros ($3.98 billion) in the first three quarters of the year compares with a loss of 592 million euros in the period a year earlier.
The profit increase was driven by an upward revaluation of its hundreds of thousands of apartments.
"After three years of stagnation, we are now growing again at a rapid pace – just like before the crisis," CEO Rolf Buch said.
($1 = 0.8575 euros)
(Reporting by Tom Sims and Matthias InverardiEditing by Ludwig Burger)
Net profit is the amount of money a company has left after all expenses, taxes, and costs have been subtracted from total revenue. It is a key indicator of a company's profitability.
A real estate group is a company or organization that specializes in the buying, selling, and management of real estate properties. They often manage a portfolio of properties for investment purposes.
A property crisis refers to a significant downturn in the real estate market, often characterized by falling property values, increased foreclosures, and reduced demand for housing.
Corporate profit is the financial gain that a company makes after all expenses have been deducted from its total revenue. It reflects the company's ability to generate earnings.
Economic recovery is the phase of the business cycle where the economy begins to grow again after a recession. It is marked by increased employment, consumer spending, and business investments.
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