Vonovia is about to become part of Germany’s Dax blue-chip share index, the first residential landlord to do so.
The company, which was formerly known as Deutsche Annington, has a market capitalisation of €13.7bn after a spate of acquisitions which increased the number of housing units it owns to nearly 370,000.
The company has raised the amount of money it is spending on its properties, and is now investing €31 a square metre.
