As Michael Zahn, CEO of Deutsche Wohnen AG, explains, “We are providing answers to the challenges which the real estate industry is facing at the moment. The continuing influx of people into towns and cities is putting pressure on housing supply; an ageing society in Germany is developing new housing needs; climate change and the associated regulatory requirements are demanding energy-efficient building solutions. We are meeting these challenges with our commitment to quality - vis à vis tenants, employees, shareholders and society.”
Deutsche Wohnen includes these challenges in its business strategy and tries to find solutions to them. Together with the utility company GETEC AG, for example, Deutsche Wohnen jointly founded the subsidiary G+D Gesellschaft für Energiemanagement mbH in order to further increase the energy efficiency of its properties. In all of this, the sustainability reporting, which was started in 2012, serves as a tool for monitoring progress and identifying further areas for improvement. In the year under review, for example, the data basis for the company’s holdings was expanded to include further sustainability criteria.
The report meets the international standards of the Global Reporting Initiative (GRI) and the industry-specific requirements of the European Public Real Estate Association (EPRA). It achieved Application Level B and was officially audited by the GRI.
The sustainability report is divided into a detailed report which follows the guidelines of the Global reporting Initiative (GRI) and a sustainability magazine which provides concrete examples of the activities of Deutsche Wohnen. Both documents are available for download on the website at https://www.deutsche-wohnen-com/en/about-us/company/sustainability/. The magazine is also available as a printed publication. The sustainability report was produced in collaboration with the agencies akzente (Munich) and HGB (Hamburg).
Deutsche Wohnen is one of the largest publicly listed residential property companies in Germany and Europe with a business focus on managing and developing its residential property portfolio. As at 30 June 2014 the portfolio comprised a total of 150,100 units, of which 148,000 are residential units and 2,100 commercial properties. In addition, the company operates around 2,200 nursing places/apartments in the business area of Nursing and Assisted Living. The company is listed in the Deutsche Börse’s MDAX and is also included in the leading indices EPRA/NAREIT and GPR 100.