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The latest update is out from Phoenix Spree Deutschland Ltd ( (GB:PSDL) ).
Phoenix Spree Deutschland Ltd reported its interim results for the first half of 2025, highlighting a strategic shift towards accelerating condominium sales, which have shown a significant increase in volume and value. The company is making strong progress in transitioning properties from the Private Rented Sector to condominiums, with sales running ahead of target and a positive outlook for continued growth. The refinancing of borrowings is on track, which is expected to support further expansion of the sales pool and enable shareholder distributions, reflecting a focus on enhancing shareholder value.
More about Phoenix Spree Deutschland Ltd
Phoenix Spree Deutschland Ltd is a UK-listed investment company that specializes in Berlin residential real estate. Its primary focus is on the acquisition and management of residential properties in Berlin, with a strategy to accelerate condominium sales, reduce debt, and return capital to shareholders.
Average Trading Volume: 115,919
Technical Sentiment Signal: Strong Sell
Current Market Cap: £147.8M
See more insights into PSDL stock on TipRanks’ Stock Analysis page.