Corporate News
You can find information on the latest developments and events at Deutsche Wohnen here. More news can also be found under press releases.
Corporate News 2007
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2007‑11‑27
Deutsche Wohnen AG: Results as at 30 September 2007
Today, on 27 November 2007, Deutsche Wohnen publishes its key figures as at 30 September 2007. In order to allow for the utmost transparency these figures are presented on a pro-forma basis as though Gehag has been consolidated since January 1st 2007.Moreover these pro-forma figures are already based on the fair value accounting method following the
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2007‑10‑05
Deutsche Wohnen AG: Appointment of Michael Zahn as Speaker of the Executive Board
The Supervisory Board of Deutsche Wohnen AG has appointed Michael Zahn as Speaker of the Executive Board of Deutsche Wohnen AG and concluded the restructuring of the board with redistribution of competencies. Following the resignation of Mr Andreas Lehner as Chairman and Member of the Executive Board (see ad hoc press release of 28 September 2007),
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2007‑09‑10
Deutsche Wohnen AG: Continuation of shares convertion
Again shareholders of Deutsche Wohnen AG have the opportunity to convert their registered shares (ISIN DE0006283302) into bearer shares (ISIN DE000A0HN5C6), which are economically equal. Starting from today the convertion form is available on http://www.deutsche-wohnen.de for download. Shareholders should deliver the completed and signed form to their
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2007‑08‑30
Deutsche Wohnen AG: Appointment of Michael Zahn as Chief Operating Officer
Today, 30 August 2007, and effective from 01 September 2007, the Supervisory Board of Deutsche Wohnen AG has appointed Mr. Michael Zahn for three years as member of the Management Board, responsible for business operations. Up to now Mr. Zahn was the sole managing director of GEHAG GmbH, Berlin, the company in which Deutsche Wohnen AG indirectly acquired
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2007‑08‑10
Deutsche Wohnen: Closing of GEHAG acquisition brings higher amount of outstanding shares
On 9 August 2007 the merger of Deutsche Wohnen Group with Berlin GEHAG Group (contracted on 2 July 2007) was executed finally. On 8 August 2007 the Register Court registrated the 6,400,000 new bearer shares, which were part of the total purchase price for GEHAG Group and were given now to the selling parties (2 funds managed by Oaktree Capital Management
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2007‑07‑02
Deutsche Wohnen AG: Portfolio acquisitions within the Rhine-Main-area
Deutsche Wohnen expanded the property portfolio by the acquisition of 503 residential and 17 commercial units from different selling parties. The properties are located in Mainz (185 residential units), Oberursel (73 residential units), Wiesbaden (95 residential units), Darmstadt (110 residential units) and Frankfurt (40 residential units). With 353
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2007‑06‑11
Deutsche Wohnen: Continuation of shares convertion
Again and up to June 26, 2007 shareholders of Deutsche Wohnen AG have the opportunity to convert their registered shares into bearer shares. Bearer shares and registered shares grant same rights to Deutsche Wohnen AG. Starting from today the convertion form is available on http://www.deutsche-wohnen.de for download. Shareholders should deliver the
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2007‑06‑11
Deutsche Wohnen: Further portfolio acquisitions within the Rhine-Main-area and in Mannheim
Deutsche Wohnen expanded the residential property portfolio by the acquisition of 154 residential units with an average size of 60 sqm and 2 commercial units. Further on 239 residential units within a dormitory were acquired. The properties are located in southern parts of the Federal State of Hesse, in the Taunus and in Mannheim. The average monthly
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2007‑05‑03
Q1-results Deutsche Wohnen: Privatization effects lead to a loss of EUR 3.2 million
For the first quarter 2007 Deutsche Wohnen will show a loss of approximately EUR 3.2 million within Groups income statement (first quarter 2006: profit after tax of EUR 3.1 million). One reason is an obviously decreased number of residential privatizations with effect on the balance sheet. 156 privatizations have been notarized in Q1 2007, but only
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2007‑04‑04
Deutsche Wohnen: Portfolio acquisition within the Rhine-Main-area
Today, on 4 April 2007, Deutsche Wohnen expanded the property portfolio by the acquisition of 510 residential and 37 commercial units. The property stock was owned by private individuals and is located in the cities of Offenbach (75 percent) and Frankfurt (25 percent). Whole acquired living area amounts to 35,000 sqm (corresponding with an average size
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