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Vonovia SE (XTER:VNA) Allowance For Loans And Lease Losses


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What is Vonovia SE Allowance For Loans And Lease Losses?

Allowance For Loans And Lease Losses only applies to banks.


Vonovia SE Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Vonovia SE (XTER:VNA) » Definitions » Allowance For Loans And Lease Losses
Address
Universitatsstrasse 133, Bochum, DEU, 44803
Vonovia SE is a residential real estate company based out of Germany. Vonovia owns and manages a multitude of residential units in many German cities and regions. The company makes long-term investments in the maintenance, modernization, and senior-friendly conversion of its properties. In addition to conducting property management, it handles financing, service, and coordination tasks. Furthermore, it is responsible for the control and monitoring systems as well as risk management. Operations are split into three units: rental, extension, and sales. Outside of extension and rental services, Vonovia's sales activities include managing its portfolio and real estate sales from any of its subportfolios.
Executives
Ruth Werhahn Board of Directors
Rolf Buch Board of Directors
Philip Grosse Board of Directors
Christian Ulbrich Supervisory Board
Arnd Fittkau Board of Directors
Daniel Riedl Board of Directors
Helene Von Roeder Board of Directors