Question for the $VNA (+1,36 %) investors here:
Are there currently fundamental reasons to buy beyond "prices are low"?
How many are blinded by the insider buying from the Finance Committee?
https://www.finanzen.net/insidertrades/vonovia
Anyone who feels vindicated in their own investment because of the insider purchases should always bear in mind that Markus Braun also bought into $WDI before the thing went to pieces.
Personally, I've been out of Vonovia since last year because I think the political risk is currently too high, I don't like the interest rate environment, and Vonovia is sitting on too many properties in need of energy-efficient renovation in the current market situation, which will cost a lot of money for the time being.
Inflation, which I believe will continue for a while, has also reduced the opportunity for significant rent increases to compensate for the investments.