Deutsche Wohnen SE (MIL:1DWNI)

€ 24.6 0 (0%) Market Cap: 9.25 Bil Enterprise Value: 16.44 Bil PE Ratio: 0 PB Ratio: 0.71 GF Score: 42/100

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Nov 13, 2019 / 10:00AM GMT

Transcript

Operator

Good morning, and welcome to the earnings call of Deutsche Wohnen SE regarding the publication of the 9M results of 2019 hosted by Mr. Michael Zahn, CEO; and Mr. Philip Grosse, CFO. The presentation of this call is available on Deutsche Wohnen's website in the Investor Relations section. (Operator Instructions)

I'm now handing you over to your host, Michael Zahn, CEO, to begin today's conference. Please go ahead.

Michael Zahn

Deutsche Wohnen SE - Chairman of the Management Board & CEO

Thank you. Good morning, everybody, and welcome to the publication of our 9 months results. We can once again present you with a strong operating results. Before Philip will give you a detailed insight, I would like to say a few introductory words. To begin with, I would like to point out some of the highlights, which you can also find on Page 3 of the presentation.

First of all, key corporate figures continued to develop positively. Over the entire portfolio, rents rose by 3.4% over the last 12 months. The rental growth in the portfolio was moderate at 1.5

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