India, May 6 -- German real estate major Vonovia SE reported that its profit, including valuation, for the first quarter of 2025 climbed to 515.4 million euros from 335.5 million euros in the previous year.

Vonovia's Chief Executive Officer, Rolf Buch, and the company have mutually agreed to terminate his contract early in order to enable an orderly long-term succession. He will step down as Chief Executive Officer and member of the Management Board at the end of the year, at the latest on 31 December 2025. Buch will be succeeded by Luka Mucic, currently Chief Financial Officer and Executive Director of Vodafone Group plc and previously long-standing Chief Financial Officer and COO of SAP SE. The Supervisory Board intends to appoint Mucic ...