D.V.I. Deutsche Vermögens- und Immobilienverwaltung GmbH
D.V.I. Deutsche Vermögens- und Immobilienverwaltung GmbH: Fitch Affirms DVI’s Investment Grade Rating, Stable Outlook
Issuer: D.V.I. Deutsche Vermögens- und Immobilienverwaltung GmbH
/ Key word(s): Rating/Bond
According to Fitch, the credit rating reflects DVI’s portfolio of fully occupied residential buildings, mainly in Berlin, as well as DVI’s growing exposure to commercial real estate. As of 30 June 2022, residential buildings accounted for about 73 percent of the portfolio value. The commercial real estate segment made up about 24 percent of the total portfolio and included a 14-percent share of mainly regional office buildings e.g., in Erfurt and Dresden. The “affordable residential rents” of on average 8.01 euros per month and square metre make the group’s “residential assets highly attractive in a strained Berlin market that suffers from lack of supply,” Fitch writes. The rating agency acknowledged the high occupancy in DVI’s residential portfolio and the (long) average residential tenant stay of 14 years.
Dissemination of a Corporate News, transmitted by EQS News – a service of EQS Group AG. |
Language: | English |
Company: | D.V.I. Deutsche Vermögens- und Immobilienverwaltung GmbH |
Gartenstraße 50 | |
12529 Schönefeld | |
Germany | |
Internet: | www.dvi.de |
EQS News ID: | 1516989 |
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