| KPI / criteria | Sep. 30, 2024 | Jun. 30, 2024 | December 31, 2023 | Target range |
|---|---|---|---|---|
| LTV (pro forma) | 46.0% | 47.3% | 46.7% | 40-45% |
| ND / EBITDA multiple (pro forma) | 15.1x | 15.8x | 15.3x | 14-15x |
| ICR | 3.7x | 3.6x | 4.0x | ≥ 3.5x |
| Fixed/hedged debt ratio | 98% | 99% | 98% | |
| Average cost of debt | 1.9% | 1.8% | 1.7% | |
| Weighted average maturity (years) | 6.4 | 6.7 | 6.9 | |
| Average fair market value of debt | 92% | 89% | 89% | |
|
1 SSD = Schuldscheindarlehen (promissory notes), ISV = Inhaberschuldverschreibungen (bearer bonds), NSV = Namensschuldverschreibungen (registered bonds); Bond-Overview: https://www.vonovia.com/en/investors/creditor-relations/bonds |
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| KPI / criteria | June 30, 2023 | December 31, 2022 |
|---|---|---|
| Corporate rating (Scope) Outlook: negative | A- | A- |
| Corporate rating (S&P) Outlook: stable |
BBB+ |
BBB+ |
| Corporate rating (Moody's) Outlook: stable | A3 | Baa1 |
| Fixed/hedged debt ratio | 96% | 96% |
| Average cost of debt | 1.6% | 1.5 |
| Weighted average maturity (years) | 6.9 | 7.4 |