Luka Mucic Succeeds Rolf Buch as Vonovia CEO

Vonovia, Germany's largest real estate group, announced that longtime CEO Rolf Buch will step down at the end of 2025 to enable an orderly succession, with Luka Mucic, currently Vodafone's CFO and former SAP executive, named as his successor. Under Buch’s leadership since 2013, Vonovia underwent significant expansion and weathered recent property market challenges, with the company now indicating renewed prospects for growth. The company reported strong first quarter 2025 financial results, including a substantial increase in profit and adjusted EBITDA, and confirmed its positive outlook and strategic growth initiatives through 2028. Mucic's appointment is expected to steer Vonovia into a new phase of development, focusing on expanding value-add services, technological innovation, and market activities. The leadership transition is viewed as a move to ensure long-term stability and growth for the company. Both Buch and Vonovia’s supervisory board expressed confidence in Mucic’s ability to lead the company into its next chapter.