1/8/2024, 5:19:02 pm

Germany's Vonovia posts loss of $573.01 million in H1 2024

Vonovia, Germany's largest real estate group, reported a narrower loss of 529 million euros in the first half of the year, compared to 4.13 billion euros in the same period last year. The company's CEO is optimistic that values have bottomed out, paving the way for a return to profitability and potentially resuming apartment purchases.