VONOY News and Press, Vonovia SE ADR From 09/10/22

Summary Blue chip companies typically trade at high valuations and low yields. But following the recent sell-off, even blue chips have become undervalued in some specific sectors. We highlight a few high yielding REITs that we are accumulating. Everyone has their own...

Summary Inflation and (expected) actions by the Federal Reserve continue to dominate market movements. Markets remain very volatile following record inflation readings paired with an aggressive Fed and negative consumer sentiment. US inflation is softening in July but continues to...

Summary This month I had 3 transactions (all in European equities). My new forward dividend is approximately $1056. Next month I will look into Visa, European real estate, Brookfield Asset Management, and my European small caps. August has come to an end and so has t...

Summary Despite a high expense ratio, AWP generates a strong yield on a consistent basis, and it seeks to pay dividends irrespective of its earnings. AWP is generating pay-out out of its capital, which is not a good practice. Absence of any kind of fixed income portfolio makes...

Summary Vonovia is trading at just over 0.4x net asset value. Opportunity to arbitrage the private and public markets pricing. Debt refinancing schedule is very manageable. The catalyst is straightforward. Selling apartments and deleveraging. Other tailwinds include co...

Summary Rental properties are heavily promoted online as highly rewarding investments. But there is a dark side that you should also know about. Today especially, it makes little sense to buy rental properties since you could buy REITs at a steep discount to fair value. ...

Summary Look beyond the United States to find 3 attractive German real estate dividend stocks to buy: Grand City Properties, LEG Immobilien, and Vonovia. Additional returns can be achieved if the value of the euro rises against the dollar. Investors fear that tenants will no l...

Summary Steve Schwarzman and John Gray from Blackstone are seeing the best opportunities in REITs. That's because REITs are down sharply even as private real estate values have remained stable for the most part. We can expect more M&A in the near term, and now is a great t...

The strategy and capital allocation framework revealed in Vonovia's Q2 earnings call make sense. The 50% discount to book remains as Mr. Market remains unimpressed. I expect a catalyst within 2022. This is a generational opportunity to buy this quality and defensive stock at a...

Inflation and the better than feared earnings season dominate market movements. Markets remain very volatile following record inflation readings paired with an aggressive Fed and negative consumer sentiment. Inflation is softening in July and markets have started to rally again. U...