No insider purchase over the last 90 days. The latest was filed 26 Mar 2026.
Vonovia SE, classified in the Real Estate sector, is a listed company based in Bochum, Germany, founded in 2001. Its latest reported headcount is 11,977 employees (2023). Its insiders report their share dealings to BaFin. Over the twelve months to 18 October 2026, the company's managers filed 4 filings, from 3 insiders.
On the market, 2 insiders bought (3 purchases totalling €173k) while 1 insider sold (1 sale totalling €921k). Taken together, the sales exceed the purchases by €748k. Open-market purchases are the filings investors watch most closely, because the insider pays for the shares out of pocket. Buch, Rolf filed the largest sale, €921k, on 5 January 2026. On the buying side, the filings list 2 senior executives among the declarants.
The last insider purchase was made public on 26 March 2026, 205 days ago. Filings reach the BaFin feed a median of 7 days after the trade. For comparison, MAR article 19 gives managers three business days to notify a trade.
With 4 filings in twelve months, the company is quieter than the median of 5 filings across the 287 companies we follow on the same exchange. Since 2025, the database holds 3 purchases and 1 sale by insiders of the company.
Elsewhere in the same sector, our signals recently picked up insider purchases at Agree Realty Corp and Simon Property Group Inc /DE/. Every figure here comes from the filings published by BaFin and describes the past, not future prices; it is not investment advice.
Entry is the close on the day after publication, the first price a reader could act on. Prices in the listing currency. Past moves are not a forecast.
Analysts rate Vonovia SE Buy (bullish), based on 16 analysts. Average price target: €25.98.
Transparent value + quality ranking, distinct from the insider signal.
FY ended December 2025 · cache
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Vonovia SE is one of Europe’s leading residential real estate companies and the largest listed residential landlord in Germany. The company is domiciled in Germany and listed on Xetra/Frankfurt (DAX/MDAX/SDAX), making it a key German property stock for international investors. Vonovia’s modern corporate history dates back to its 2015 formation, but its roots go much further back through predecessor housing businesses, including GAGFAH, founded in 1918, early railway housing companies, and the housing businesses of Vereinigte Stahlwerke from 1926. The group’s scale was materially expanded by the 2015 acquisition of GAGFAH and the 2021 merger with Deutsche Wohnen, which helped establish Vonovia as a European market leader in residential property. ([vonovia.com](https://www.vonovia.com/en/about-us/company/history?utm_source=openai))
Vonovia’s core business is the rental and management of apartments, supported by a broader residential platform. Its portfolio is reported at roughly 530,000 to 540,000 residential units across Germany, Sweden and Austria, concentrated in attractive urban areas with strong underlying housing demand. Operationally, the business is managed through four segments: Rental, Value-add, Recurring Sales and Development. This means Vonovia is not only a landlord, but also a service platform offering maintenance, refurbishment, modernization, energy-related upgrades, condominium sales and development activities. That integrated model is a central part of its competitive positioning, as it allows the group to monetize the full residential value chain and improve tenant retention and asset quality over time. ([report.vonovia.com](https://report.vonovia.com/2024/q4/en/corporate-structure?utm_source=openai))
From a competitive standpoint, Vonovia benefits from scale, local operating density, and a portfolio exposed to structurally tight housing markets, especially in major German cities. Its model is designed for long-term ownership, recurring rental income and disciplined portfolio management, including selective disposals and development. Geographically, Germany remains the dominant market, while Austria and Sweden provide international diversification. The group’s broad operational footprint and in-house service capabilities are important advantages in a fragmented European residential market. ([vonovia.com](https://www.vonovia.com/en/press/press-releases/2025/europe-s-leading-residential-property-company-celebrates-double-anniversary-10-years-of-vonovia-and-a-decade-of-successful-dax-membership?utm_source=openai))
Recent developments point to improving operating momentum. In 2025, Vonovia reported positive first-half business development, with continued strong rental demand and rising rental income, and later highlighted stronger growth momentum and improved profitability trends across the business. The company also announced the appointment of Luka Mucic as new CEO in May 2025. Vonovia has continued to invest in modernization, development and energy-efficient housing, while increasing the contribution from non-rental segments. For investors, Vonovia remains a high-profile German residential real estate name: defensive in business model, but still sensitive to interest rates, valuation trends and regulatory conditions in Germany. ([report.vonovia.com](https://report.vonovia.com/2025/q2/en/overview-2?utm_source=openai))
Purchases our model currently ranks for the recommendations list.
All recommendationsHeadquarters: Bochum, Germany · Founded: 2001 · 11,977 employees (2023) · Wikipedia article
Source: Wikidata (CC0).