Philip Grosse, CFO of Deutsche Wohnen: “EPRA is one of the key European property industry associations, so I am delighted to receive this award. It will be an incentive for us to further advance the transparency and continuity of our reporting on this key issue.”
EPRA [European Public Real Estate Association], the association of listed property companies, has given out the Sustainability Awards every year since 2012. Their aim is to encourage companies in the property industry to be more transparent and open with regard to their sustainability reporting, in line with the EPRA Best Practice Recommendations on Sustainability Reporting [EPRA sBPR]. The third version of these guidelines was introduced in September 2017. Deutsche Wohnen adapts them to its reporting, in order to ensure consistency and comparability for investors in the European property industry. In addition to the environmental impact of its property portfolio and own administrative offices, Deutsche Wohnen's EPRA Sustainability Reporting 2018 also covers social and governance performance indicators for the first time.
Along with the award for sustainability reporting, the company received the EPRA BPR Gold Award for transparency in financial reporting.
Deutsche Wohnen is one of the leading publicly listed property companies in Germany and Europe. Its operating focus is on managing and developing its portfolio, concentrating on residential properties. As of 30 June 2018, its portfolio comprised 163,942 units, of which 161,468 are residential and 2,474 commercial. Deutsche Wohnen is listed on Deutsche Börse’s MDAX index and also traded on the leading indices EPRA/NAREIT, STOXX® Europe 600 and GPR 250.
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To the extent that this document contains forward-looking statements, these are not facts and are recognisable by such words as ‘will’, ‘expect’, ‘believe’, ‘estimate’, ‘intend’, ‘endeavour’, ‘assume’ and similar expressions. These statements express the intentions, opinions or current expectations and assumptions of Deutsche Wohnen and the individuals acting in concert with it. The forward-looking statements are based on current plans, estimates and forecasts that Deutsche Wohnen and the individuals acting in concert with it have made to the best of their knowledge, but do not make any claims as to their future accuracy. Forward-looking statements are subject to risks and uncertainties that are generally difficult to predict and are usually not within the control of Deutsche Wohnen or the individuals acting in concert with it. It should be remembered that the actual results or consequences may differ considerably from those mentioned or contained in the forward-looking statements.