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Vonovia CEO - acquisitions not top of agenda in 2022

Stock Markets Mar 18, 2022 07:36
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© Reuters. FILE PHOTO: An office building of the German property group Deutsche Wohnen is pictured in Berlin, Germany June 2, 2020. REUTERS/Fabrizio Bensch
 
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BERLIN (Reuters) - Acquisitions are not at the top of agenda for Vonovia in 2022, CEO Rolf Buch said on Friday.

The German real estate giant said it is on course for "significant growth" in 2022 after a record year and the acquisition of smaller rival Deutsche Wohnen in 2021.

Buch added that while construction costs have risen significantly, revenue is increasing in the sale of apartments.

Vonovia CEO - acquisitions not top of agenda in 2022
 

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