Germany

The Right Model for Profitable Growth in Germany
Bonava is a leading residential developer in Germany, with operations across much of the country. The strongest position is held in Berlin. Bonava’s efficient construction system and compelling offering provide a solid foundation for creating long-term value through continued investment.

Market potential and drivers
Germany has faced a housing shortage for many years, resulting in sustained long-term demand for residential properties. This is particularly true in metropolitan areas and urban regions surrounding economically strong cities and their outskirts, where Bonava operates. The current shortfall equates to approximately 230 times Bonava’s average annual production over the past five years. Experts estimate a construction gap of around 700,000 apartments per year.

Bonava is one of the most active residential developers in Germany and is present in nine of the country’s largest cities, covering 35–40 per cent of the population. Historically, the German market has been highly fragmented due to the large number of regional and local developers.

Strategic focus going forward
The business unit holds a strong market position, supported by efficient construction systems and well-developed processes. Bonava Germany is a flexible, agile and experienced organisation that is continuously working to improve efficiency and enhance its customer offerings. In Germany, Bonava develops both large residential districts comprising hundreds of homes and smaller neighbourhoods.