02.05.2018
Vonovia SE DE000A1ML7J1
DGAP-News: Vonovia SE: Following successful takeover of BUWOG, Vonovia appoints Daniel Riedl to the Management Board
DGAP-News: Vonovia SE / Key word(s): Change of Personnel
Vonovia SE: Following successful takeover of BUWOG, Vonovia appoints Daniel
Riedl to the Management Board (news with additional features)
02.05.2018 / 15:01
The issuer is solely responsible for the content of this announcement.
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Following successful takeover of BUWOG, Vonovia appoints Daniel Riedl to the
Management Board
Bochum, May 2, 2018 - At its meeting today, the Supervisory Board of Vonovia
SE appointed Daniel Riedl to the Management Board. Daniel Riedl will be
responsible for development and Austria with effect from May 10, 2018.
Prof. Edgar Ernst, Chairman of the Supervisory Board of Vonovia SE: "Daniel
Riedl has made a significant contribution to driving the extremely
successful development of the BUWOG Group. We are delighted that Daniel
Riedl will be joining Vonovia's Management Board following the takeover of
BUWOG, allowing him to contribute his expertise to the development business
and our work in the Austrian market. I wish Daniel Riedl all the best and
every success in his new role."
Daniel Riedl is a graduate in business administration and a Fellow of the
Royal Institution of Chartered Surveyors. He headed BUWOG in its previous
form between 2004 and 2011, and served on the Executive Board of IMMOFINANZ
AG from 2008 to 2014. He chaired the Supervisory Board of BUWOG from the
beginning of 2012 until October 2013. In November 2013, Riedl was appointed
CEO of the BUWOG Group and led BUWOG through the spin-off from IMMOFINANZ AG
to the successful stock exchange listing.
About Vonovia
Vonovia SE is Germany's leading nationwide residential real estate company.
Vonovia currently owns and manages around 347,000 residential units in all
of Germany's attractive cities and regions. Its portfolio is worth
approximately EUR 33.4 billion. As a modern service company, Vonovia focuses
on customer orientation and tenant satisfaction. Offering tenants
affordable, attractive and livable homes is a prerequisite for the company's
successful development. Accordingly, Vonovia makes long-term investments in
the maintenance, modernization and senior-friendly conversion of its
properties. The company will also be creating more and more new apartments
by realizing infill developments and adding to existing buildings.
The company, which is based in Bochum, has been listed on the stock exchange
since 2013 and on the DAX 30 since September 2015. Vonovia SE is also listed
on the international indices STOXX Europe 600, MSCI Germany, GPR 250 and
EPRA/NAREIT Europe. Vonovia has a workforce of approximately 8,400
employees.
Additional Information:
Approval: Regulated Market/Prime Standard, Frankfurt Stock Exchange
ISIN: DE000A1ML7J1
WKN: A1ML7J
Common code 094567408
Registered headquarters of Vonovia SE: Bochum, Germany, Bochum Local Court,
HRB 16879
Business address of Vonovia SE: Philippstrasse 3, 44803 Bochum, Germany
This press release has been issued by Vonovia SE and/or its subsidiaries
solely for information purposes. This press release may contain statements,
assumptions, opinions and predictions about the anticipated future
development of Vonovia ("forward-looking statements") that reproduce various
assumptions regarding, e.g., results derived from Vonovia's current business
or from publicly available sources that have not been subject to an
independent audit or in-depth evaluation by Vonovia and that may turn out to
be incorrect at a later stage. All forward-looking statements express
current expectations based on the current business plan and various other
assumptions and therefore come with risks and uncertainties that are not
insignificant. All forward-looking statements should not therefore be taken
as a guarantee for future performance or results and, furthermore, do not
necessarily constitute exact indicators that the forecast results will be
achieved. All forward-looking statements relate solely to the day on which
this press release was issued to its recipients. It is the responsibility of
the recipients of this press release to conduct a more detailed analysis of
the validity of forward-looking statements and the underlying assumptions.
Vonovia accepts no responsibility for any direct or indirect damages or
losses or subsequent damages or losses, as well as penalties that the
recipients may incur by using the press release, its contents and, in
particular, all forward-looking statements or in any other way, as far as
this is legally permissible. Vonovia does not provide any guarantees or
assurances (either explicitly or implicitly) in respect of the information
contained in this press release. Vonovia is not obliged to update or correct
the information, forward-looking statements or conclusions drawn in this
press release or to include subsequent events or circumstances or to report
inaccuracies that become known after the date of this press release.
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Additional features:
Document: http://n.eqs.com/c/fncls.ssp?u=VBPSFKOXFM
Document title: Following successful takeover of BUWOG, Vonovia appoints
Daniel Riedl to the Management Board
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02.05.2018 Dissemination of a Corporate News, transmitted by DGAP - a
service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
The DGAP Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Archive at www.dgap.de
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Language: English
Company: Vonovia SE
Universitätsstraße 133
44803 Bochum
Germany
Phone: +49 234 314 1609
Fax: +49 234 314 2995
E-mail: [email protected]
Internet: www.vonovia.de
ISIN: DE000A1ML7J1
WKN: A1ML7J
Indices: DAX
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated
Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover,
Munich, Stuttgart, Tradegate Exchange
End of News DGAP News Service
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681531 02.05.2018
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