Vonovia SE said its group funds from operations for the first half came to €1.12 per share, an increase of 7.7% from €1.04 per share in the prior-year period.
Group FFO totaled €609.1 million, an increase of 12.9% from €539.4 million in the year-earlier period.
Profit for the period totaled €125.3 million compared with €1.20 billion in the prior-year period.
The German residential real estate company forecasts group FFO in the range of €1.14 billion to €1.19 billion for the full year, compared with previous guidance in the range of €1.17 billion to €1.23 billion.
The company also forecasts group FFO per share in the range of €2.20 to €2.30 for the full year, compared to the previous guidance in the range of €2.25 to €2.35.