Vonovia has a workforce of approximately 7,100 employees.Additional Information: Approval: Regulated Market/Prime Standard, Frankfurt Stock Exchange ISIN: DE000A1ML7J1 WKN: A1ML7J Common code: 094567408 Registered headquarters of Vonovia SE: Dsseldorf, Germany; Dsseldorf Local Court, HRB 68115 Business address of Vonovia SE: Philippstrasse 3, 44803 Bochum, Germany This press release has been issued by Vonovia SE and/or its subsidiaries solely for information purposes.All forward-looking statements should not therefore be taken as a guarantee for future performance or results and, furthermore, do not necessarily constitute appropriate indicators that the forecast results will be achieved.All forward-looking statements relate solely to the day on which this press release was issued to its recipients.
Offering tenants affordable, attractive and livable homes is a prerequisite for the company's successful development.The Supervisory Board of Vonovia SE announced its decision to extend the CEO's contract after its meeting today.The contract, which was set to expire in February 2018, has been extended until February 2023.Accordingly, Vonovia makes long-term investments in the maintenance, modernization and senior-friendly conversion of its properties.The company will also be creating more and more new apartments by realizing infill developments and adding on to existing buildings.
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The decision to extend his contract confirms that this is the right approach.Rolf Buch has played a key role in shaping the company's development: He forged ahead successfully with the company's realignment and in 2015 was responsible for making it the first real estate company ever to achieve promotion to the Dax 30.It is the responsibility of the recipients of this press release to conduct a more detailed analysis of the validity of forward-looking statements and the underlying assumptions. Vonovia accepts no responsibility for any direct or indirect damages or losses or subsequent damages or losses, as well as penalties that the recipients may incur by using the press release, its contents and, in particular, all forward-looking statements or in any other way, as far as this is legally permissible.This press release may contain statements, assumptions, opinions and predictions about the anticipated future development of Vonovia ("forward-looking statements") that reproduce various assumptions regarding results derived from Vonovia's current business or from publicly available sources that have not been subject to an independent audit or in-depth evaluation by Vonovia and that may turn out to be incorrect at a later stage.
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