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Vonovia Seeks Investors for Residential Portfolio As Share Price Drops

CEO Says Company Cannot Raise Fresh Equity Given Low Share Price
(Vonovia)
(Vonovia)
By Thomas Daily, Bert Erik ten Cate
September 26, 2022 | 8:36 AM

German residential company Vonovia is looking for third-party investors in existing portfolios as it can no longer rely on issuing new shares to fund acquisitions, said chief executive Rolf Buch in an interview with financial daily Börsen Zeitung.

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