Deutsche Wohnen AG shares drop below par

Deutsche Wohnen AG stock fell below par to 22.55 euros

Deutsche Wohnen AG shares fell below par to 22.55 euros today, continuing a downward trend that has seen the stock lose more than 20% of its value since the beginning of the year.

Analysts cite rising interest rates, geopolitical uncertainty as factors in the decline

Analysts cite several reasons for the decline, including rising interest rates, geopolitical uncertainty, and concerns about the company's financial performance.

Deutsche Wohnen has been struggling to generate rental income growth in recent quarters

Deutsche Wohnen has been struggling to generate rental income growth in recent quarters, as a result of rent control measures put in place by the city of Berlin, where the company owns a large number of apartments.

Rising interest rates are also putting pressure on the company's finances

Rising interest rates are also putting pressure on the company's finances, as it has a large amount of debt.

Geopolitical uncertainty is adding to the company's challenges

Geopolitical uncertainty, particularly the war in Ukraine, is adding to the company's challenges, as it is leading to higher energy costs and supply chain disruptions.

Deutsche Wohnen CEO Michael Zahn remains optimistic on the company`s long-term prospects

Despite the recent challenges, Deutsche Wohnen CEO Michael Zahn remains optimistic about the company`s long-term prospects.

Zahn cites the company`s strong portfolio of affordable housing in Berlin as a key strength

Zahn cites the company`s strong portfolio of affordable housing in Berlin as a key strength, as well as its commitment to sustainability.

Zahn also believes that the company will benefit from rising rents in the long term

Zahn also believes that the company will benefit from rising rents in the long term, as the population of Berlin continues to grow.

Deutsche Wohnen AG shares are a buy at current levels

Despite the recent challenges, Deutsche Wohnen AG shares are a buy at current levels.

The company has a strong portfolio of affordable housing in Berlin, a commitment to sustainability, and management team with a track record of success

The company has a strong portfolio of affordable housing in Berlin, a commitment to sustainability, and management team with a track record of success.