VONOY - Vonovia: A Good Income Play Within The European Real Estate Sector
Vonovia SE (VONOY) offers a great combination of growth and income, due to its business prospects in the German residential market and its internationalization strategy, while its dividend yield is also attractive for income-oriented investors.
Company Overview
Vonovia is one of the largest real estate companies In Europe, after Unibail-Rodamco-Westfield (UNRDY) or Klépierre (KLPEF), being mainly focused on the German residential market. Its core business is the development and management of residential real estate to customers throughout Germany and some international markets. Its closest peers are