Germany's Vonovia returns to profit as real-estate market recovers

Vonovia SE

05/11/2025 06:02

FRANKFURT, Nov 5 (Reuters) - Vonovia VNAn.DE, 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.

($1 = 0.8575 euros)

 (Reporting by Tom Sims and Matthias Inverardi)

 ((Tom.Sims@thomsonreuters.com; +49 30 220 133 645;))