GRNNF News and Press, Grand City Properties SA From 06/20/23

2023-06-20 18:47:50 ET Summary Real estate sector's negative sentiment creates investment opportunities, such as Grand City Properties, which has a strong financial profile and trades at a deep discount to its NAV. Grand City Properties benefits from growing rents and falling vaca...

2023-04-03 14:54:35 ET Summary Grand City Properties reported a resilient performance during the last year due to its sound business fundamentals. Even though its financial position is strong, the company decided to be conservative and suspended the annual dividend payment. It...

2023-03-21 16:11:59 ET Summary Aroundtown is a German real estate company focused on the office, residential, and hotel segments. While its operational performance has been acceptable in recent quarters, its momentum is likely to have been more negative in recent months. A div...

Summary Grand City Properties is a German real estate company focused on the residential segment in Germany and London. It has delivered a resilient operating performance in recent quarters and has a more conservative financial profile than peers. It offers a high-dividend yield and...

Summary Shares of Aroundtown have sold off recently. The company's performance has been decent up until the pandemic. The net debt to EBITDA is on the higher side, but LTV and the debt maturity profile look good. I estimate a fair value of €5.93. Lately, E...

Summary Look beyond the United States to find 3 attractive German real estate dividend stocks to buy: Grand City Properties, LEG Immobilien, and Vonovia. Additional returns can be achieved if the value of the euro rises against the dollar. Investors fear that tenants will no l...

Aroundtown is a German real estate company focused on the office, residential and hotel segments. Despite several headwinds from the pandemic, a challenging economic backdrop and higher interest rates, the company has maintained strong fundamentals. Due to a lower share price, it ...

This month I had a total of 11 transactions. I sold my positions in Power REIT and Reinsurance Group of America. I reached over €1,000 in forward dividends. In contrast to the first half a year of 2022, July was a good month when it comes to stock returns. July wa...

This month I had a total of 10 transactions, mainly due to the re-evaluation of my portfolio. Dividends were up $87.06 YoY. My forward dividend yield at the end of April was approximately €870 ($934). For further details see: My Portfolio May Update - 8 Buys, 2 Se...

German REITs market is clearly undervalued by being in the five-year historical lows from the macro standpoint. Author’s Economic Heat Map of German lands shows that Hamborner REIT may benefit from the right portfolio allocation strategy. Unique business model and spectacul...