The biggest landlord of Germany, Vonovia (VNA), is today priced at a big discount to its net asset value. It offers a 6% dividend yield and has up to 100% upside potential in our opinion. The market overreacted to rising interest rates, but Vonovia has a strong BBB+ rated balance sheet with well-staggered debt maturities and its rents are growing rapidly at the moment.

Image sources: Vonovia, Canva

Important Disclaimer: Leonberg Capital OÜ owns a position in VNA. This video is impersonal and does not provide individualized advice or recommendations for any specific person. Viewers/readers should not make any investment decision without conducting their own due diligence and consulting their financial advisor about their specific situation. This video is for entertainment purposes only and you are responsible for your own investment decisions. The information is obtained from sources believed to be reliable, but its accuracy cannot be guaranteed. The opinions expressed are those of the publisher and are subject to change without notice. This YouTube channel is managed by Leonberg Research OÜ, a subsidiary of Leonberg Capital OÜ.

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