No reason to be happy: tenants Why the Dax Out of the Lufthansa Worries

The stock market rise of the real estate group Deutsche Wohnen in the benchmark index, the Dax meets tenants ' representatives, with concern. The company, with

No reason to be happy: tenants Why the Dax Out of the Lufthansa Worries

The stock market rise of the real estate group Deutsche Wohnen in the benchmark index, the Dax meets tenants ' representatives, with concern. The company, with nationwide and 160,000 homes will even more into the focus of international investors, it said of the German tenants Association before the decision. The investors expected high dividends from the second-largest private landlord in the country. "The pressure to increases in rent will therefore increase," said spokeswoman Jutta Hartmann. "For tenants, it is, therefore, no reason for joy."

at the end of June replaced Deutsche Wohnen Lufthansa in the Dax

At the extraordinary Dax-Review on Thursday evening it became known that the Berlin-based company will replace approximately 116,000 dwellings in the capital city of the Lufthansa in the first stock exchange League. The exchange will be held at the 22. June. Deutsche Wohnen is 41.67 EUR -0,77 (-1,81%) Xetra

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the criteria are of approximately the stock exchange turnover and the amount of the free float. Of course Lufthansa is in spite of recovery under the Pre-Corona level. In the Dax, the Deutsche Wohnen encounters the largest German landlord, the Bochum Vonovia. It is already for five years in the Dax. Vonovia 54,84 EUR -0.18 (-0,33%) Xetra

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the Largest single shareholder is Blackrock

The capital is Dax 14 years after the Acquisition of Schering by Bayer a-Group. The shareholder representative Michael Kunert called for the protection of investors, the Deutsche Wohnen holds their General meetings on the Spree, even if there should be protests. "This belongs to democracy."

so Far, the annual shareholder's took place in the Deutsche Wohnen meeting in Frankfurt am Main, where the former Deutsche Bank subsidiary had until three years ago, their headquarters. This year's annual General meeting this Friday will be held as a video conference. The largest single shareholder Blackrock, the largest asset managers in the world. He is involved in all the Dax companies. Blackrock Inc. Reg. Shares Class A 492,80 EUR +10,55 (+2,19%) To hear Tradegate

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stock market logic for tenants adversely

From the point of view of the investors, Deutsche Wohnen an appreciation, also, the managing Director of the Berlin tenant Association, Reiner says Wild. "The success of the Deutsche Wohnen investors point of view, but the suffering of the tenants," he said. Wild high Rents when re-letting criticised, operating costs, profits through internal subsidiaries, low maintenance investment and savings in personnel. "Services minimize, increase revenue, that may be successful in the stock market, for the users of the dwellings, this foreign exchange, however, is deficient."

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Deutsche Wohnen has rejected such accusations, always, and to higher expenses for personnel and maintenance referred to. An increase in the burden for the tenants had brought in their most important market in Berlin, the Senate froze the Rents in the city in February. In the first quarter, the group was able to increase its rental income in the city, but still 2.3 percent. Cayman Islands-ridden swamp! Who leaves the boat, signs death sentence

Date Of Update: 07 June 2020, 04:26
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