Vonovia Wins Corporate Treasury Asset Management Award 2019
Bochum, Germany, October 7, 2019 – Vonovia SE (Vonovia) has received the award for best Corporate Treasury Asset Management at this year’s Institutional Asset Awards. The prize has been awarded since 2018 by the specialized publishing house of the Frankfurter Allgemeine Zeitung newspaper. It recognizes institutional investors for “capital investment management that is beyond state-of-the-art.”
“Vonovia’s investment management is clearly structured and oriented to the specific challenges of the company’s core business. The company’s investment of its cash and cash equivalents is simultaneously goal-oriented and risk-controlled,” according to the jurors, whose decision was based on qualitative and quantitative aspects.
Olaf Weber, Head of Finance and Treasury at Vonovia: “We are delighted with the recognition of our risk management methods and processes for investing cash and cash equivalents, which are at times extraordinarily high – particularly in an extremely difficult market environment.”
The Finance and Treasury department is responsible for Group-wide liquidity procurement and liquidity management. The team was particularly successful with growth financing in recent years. The employees based in Bochum, Amsterdam and Vienna are also responsible for processing payment transactions and the responsible investment of cash and cash equivalents.
Vonovia 2019/2020 Financial CalendarNovember 5, 2019: Interim Statement for the Third Quarter of 2019
March 5, 2020: 2019 Annual Press Conference
May 5, 2020: Interim Statement for the First Quarter of 2020
May 13, 2020: Annual General Meeting