Deutsche Wohnen SE

Shareholders of Deutsche Wohnen SE

The shareholder data held for Deutsche Wohnen SE reflects a free-float shareholding snapshot dated 4 September 2026, listing institutional index and exchange-traded funds each holding a minority position: Vanguard Global ex-U.S. Real Estate Index Fund (approximately 5.99%), Vanguard International Equity Index Funds-European Stock Index Fund (approximately 3.62%), Vanguard FTSE All-World ex-US Index Fund (approximately 3.20%), DFA Investment Dimensions Group-International Core Equity 2 Portfolio (approximately 2.05%) and SPDR FTSE EPRA Euro ex-UK Real Estate UCITS ETF (approximately 1.50%). The underlying dataset indicates a total of 8 disclosed holdings, of which only 5 are retained in this record; the remaining entries are not available here. These are ordinary shares (EUR-denominated); no other share class is disclosed.

These index-fund positions represent only a small part of Deutsche Wohnen SE’s free float and do not include its controlling shareholder. This disclosure should therefore be read as partial and major-institutional-holders only: it captures passive fund managers required to report threshold holdings, not a complete shareholder register.

Ultimate beneficial ownership

Vonovia SE (Bochum, Germany) is the controlling shareholder of Deutsche Wohnen SE. Vonovia SE acquired control of Deutsche Wohnen SE through a public takeover completed in 2021 and has since increased its holding; company disclosures made in connection with a control and profit-and-loss transfer agreement announced on 18 September 2024 and concluded on 15 December 2024 state that Vonovia SE held approximately 87.6% of Deutsche Wohnen SE’s share capital and voting rights. That agreement was approved by both companies’ extraordinary general meetings on 23 and 24 January 2025 and took legal effect on 1 August 2025, when it was entered into the commercial register at the Amtsgericht Charlottenburg (Berlin). Under the agreement, Deutsche Wohnen SE’s outside (minority) shareholders were offered an exchange into Vonovia SE shares (at a ratio of 0.7947 Vonovia SE shares per Deutsche Wohnen SE share) or an annual cash compensation as an alternative. This is a direct holding by Vonovia SE; no complete further ownership chain to a natural person was identified from the sources reviewed, and Vonovia SE is itself a widely held, separately listed company. No natural-person ultimate beneficial owner is therefore identified at the Deutsche Wohnen SE level from the available sources.

Data availability

Shareholder disclosure for Deutsche Wohnen SE is major shareholders only: minor free-float positions are captured in periodic fund disclosures, while the controlling shareholder’s stake is disclosed through company announcements, general-meeting filings and the commercial register rather than a single consolidated shareholder register. As of the review date (25 September 2026), no announcement confirming completion of a formal squeeze-out (exclusion of minority shareholders under the German Stock Corporation Act) had been identified; Deutsche Wohnen SE shares therefore continue to be publicly traded alongside the control agreement.

Sources

• Vonovia SE, control and profit-and-loss transfer agreement documentation — https://www.vonovia.com/content/download/234451/11191135?version=2 (published 2024, retrieved 25 September 2026)
• Vonovia SE, Q3 2025 Interim Statement, key events during the reporting period — https://report.vonovia.com/2025/q3/en/key-events-during-the-reporting-period (published 2025, retrieved 25 September 2026)
• Northdata commercial-register extract, Deutsche Wohnen SE, Berlin (HRB 190322 B) — https://www.northdata.com/Deutsche%20Wohnen%20SE,%20Berlin/Amtsgericht%20Charlottenburg%20(Berlin)%20HRB%20190322%20B (retrieved 25 September 2026)
• Internal shareholder identification data, Zavia.ai, verified 4 September 2026

Directors and officers of Deutsche Wohnen SE

Internal register-derived records hold 74 officer entries for Deutsche Wohnen SE spanning appointments from 2007 to 2023, the large majority of which are recorded as resigned. This reflects substantial turnover in the company’s management following Vonovia SE’s 2021 takeover, including the replacement of the pre-takeover Management Board (Chief Executive Michael Zahn and fellow board member Henrik Thomsen both left the Management Board effective 19 January 2022) and further departures through 2022–2023. This internally held dataset was last synchronised on 8 September 2026 and, on comparison with Deutsche Wohnen SE’s own current disclosure, appears outdated for current board composition; the current board below is taken directly from the company’s own official governance page.

Per Deutsche Wohnen SE’s official company website (retrieved 25 September 2026), the current Management Board has two members: Lars Urbansky (Chief Executive Officer) and Philipp Späth (Member of the Management Board). The current Supervisory Board comprises six members in total; four are individually named on the source page: Dr. Fabian Heß (Chairman), who concurrently serves as General Counsel of Vonovia SE; Daniel Riedl (Deputy Chairman), described as an entrepreneur; Simone Trapp; and Dr. Philipp Schanze, who concurrently serves as Head of the Legal Department at Vonovia SE. The remaining two Supervisory Board members were not individually identified on the page at the time of retrieval. Cross-appointments with Vonovia SE roles are disclosed openly by Deutsche Wohnen SE itself and reflect Vonovia SE’s role as controlling shareholder rather than a data conflation between the two companies.

Nationality is not disclosed for any current or former officer in the sources reviewed and has not been inferred from names, addresses or country of residence.

Recent officer changes

• Resignation: Michael Zahn, Member of the Executive Board (Chief Executive Officer), resigned effective 19 January 2022. Source: internal Handelsregister-derived officer register.
• Resignation: Philip Grosse, Member of the Executive Board, resigned effective 13 May 2022. Source: internal Handelsregister-derived officer register.
• Change of role: Dr. Fabian Heß is now recorded as Chairman of the Supervisory Board, a role confirmed on Deutsche Wohnen SE’s official governance page following the January 2025 shareholder approval of the control and profit-and-loss transfer agreement with Vonovia SE; the exact effective date of his appointment as chairman is not disclosed on that page.

Data availability

Officer information for Deutsche Wohnen SE is partial: historical appointment and resignation data is available from register-derived records but is not current for board composition, while the company’s own website provides current Management Board and Supervisory Board membership without full appointment dates for all Supervisory Board members and without naming two of its six members. Nationality is not publicly disclosed in the sources reviewed.

Sources

• Deutsche Wohnen SE, Management Board and Supervisory Board — https://www.deutsche-wohnen.com/en/about-us/company/management-board-and-supervisory-board (retrieved 25 September 2026)
• Internal Handelsregister-derived officer register, Zavia.ai, last synchronised 8 September 2026

Group structure of Deutsche Wohnen SE

Deutsche Wohnen SE is not an independent company: it is part of a verified corporate group headed by Vonovia SE (Bochum/Düsseldorf, Germany), which became its controlling company following a public takeover completed in 2021 and a control and profit-and-loss transfer agreement effective 1 August 2025 (see the Shareholders section for the reported ownership percentage). Deutsche Wohnen SE itself holds 13 verified direct subsidiaries and, including indirect holdings beneath them, 143 corporate entities in total, based on corporate-linkage data last synchronised on 8 September 2026. These entities are overwhelmingly German real-estate holding, property-management, fund-participation and care-sector companies operating in Germany.

Data-scope note: the underlying corporate-linkage dataset held for this profile is rooted at Vonovia SE rather than at Deutsche Wohnen SE, and spans 591 corporate entities across 23 of Vonovia SE’s own direct holding companies (including former Deutsche Annington, GAGFAH and BUWOG group structures that predate and are unrelated to Deutsche Wohnen SE’s own historical portfolio). Deutsche Wohnen SE appears as only one of Vonovia SE’s 23 direct subsidiaries within that wider tree. The table below presents only entities verified as belonging to Deutsche Wohnen SE’s own branch, plus its controlling company; the remaining entries in the wider dataset describe Vonovia SE’s own separate group and are out of scope for this profile.

Verified corporate relationships

Recent structural changes

• Vonovia SE completed a public takeover of Deutsche Wohnen SE in 2021, becoming its controlling shareholder.
• Vonovia SE and Deutsche Wohnen SE concluded a control and profit-and-loss transfer agreement on 15 December 2024, approved by both companies’ shareholders on 23–24 January 2025 and entered into the commercial register on 1 August 2025.
• Vonovia SE completed a transaction with investors advised by Apollo on 29 July 2025 establishing a jointly held vehicle (Vonovia SE 49%, Apollo-advised investors 51%) reported to hold approximately 20% of Deutsche Wohnen SE’s shares; this arrangement forms part of Vonovia SE’s own financing structure and does not alter Deutsche Wohnen SE’s identified controlling company.

Data availability

Corporate-linkage information for Deutsche Wohnen SE’s own subsidiaries is partial: direct and indirect subsidiary entities and registration numbers are available from register-based corporate-linkage records, but ownership percentages for individual subsidiaries are not disclosed in this data. The controlling relationship with Vonovia SE is corroborated by company announcements and commercial-register filings rather than the internal linkage dataset alone, which conflates Deutsche Wohnen SE’s own structure with Vonovia SE’s much larger, largely unrelated group of holding companies.

Sources

• Vonovia SE, control and profit-and-loss transfer agreement documentation — https://www.vonovia.com/content/download/234451/11191135?version=2 (published 2024, retrieved 25 September 2026)
• Vonovia SE, Q3 2025 Interim Statement, key events during the reporting period — https://report.vonovia.com/2025/q3/en/key-events-during-the-reporting-period (published 2025, retrieved 25 September 2026)
• Northdata commercial-register extract, Deutsche Wohnen SE, Berlin (HRB 190322 B) — https://www.northdata.com/Deutsche%20Wohnen%20SE,%20Berlin/Amtsgericht%20Charlottenburg%20(Berlin)%20HRB%20190322%20B (retrieved 25 September 2026)
• Internal corporate-linkage register, Zavia.ai, last synchronised 8 September 2026