Report
Manuel Martin, CEFA,CREA

Deutsche Wohnen SE : Berlin risk eats into our valuation of Deutsche Wohnen

>Valuation gains miss our estimate – 2019 FFO I guidance confirmed - Yesterday (13 August), Deutsche Wohnen (DWNI) published its Q2 2019 results, which were slightly above our estimate and consensus in terms of FFO I but below our estimate in terms of valuation gains. The company confirmed its 2019e FFO I guidance of c.€ 535m.DWNI plans to be a net seller in residential and expand in nursing - DWNI plans to be a net seller in 2019 and the years beyond...
Underlying
Deutsche Wohnen SE

Deutsche Wohnen is a holding company. Co.'s business focus is on residential and nursing properties in conurbations and metropolitan areas of Germany. Co. conducts its operations through three segments: asset/property management, disposal and nursing. Co.'s asset/property management segment includes all activities relating to the management and administration of residential property, the management of rental contracts and tenant support. Co.'s disposal segment comprises the disposal of residential units and portfolios managed by its Deutsche Wohnen Corporate Real Estate GmbH subsidiary. Co.'s nursing segment manages and markets retirement and nursing homes for senior citizens.

Provider
Oddo BHF
Oddo BHF

​Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.

Analysts
Manuel Martin, CEFA,CREA

Other Reports on these Companies
Other Reports from Oddo BHF
Ghada Ben Sedrine ... (+2)
  • Ghada Ben Sedrine
  • Nicolas David
Benoit Valleaux ... (+5)
  • Benoit Valleaux
  • Roland Pfaender
  • MBA
  • CFA
  • CCRA
Ghada Ben Sedrine ... (+2)
  • Ghada Ben Sedrine
  • Nicolas David

ResearchPool Subscriptions

Get the most out of your insights

Get in touch