BERLIN (dpa-AFX) - The real estate group Deutsche Wohnen has kept the operating result stable in the past year. The key figure FFO (Funds from Operations), which is important for real estate groups, was at the previous year's level of 593.6 million euros, the group announced in Berlin on Thursday evening after the close of the stock exchange. Prior to this, majority shareholder Vonovia had already presented its figures.

However, the revaluation of the portfolio in the wake of the sharp rise in interest rates led to a loss from the valuation of investment properties of 917.5 million euros at Deutsche Wohnen last year. This contributed significantly to a reduction in net asset value (NAV) to just under €20.4 billion, the statement added.

The Vonovia subsidiary plans to present its balance sheet on March 24./jha/.