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Phoenix Spree Deutschland Ltd ( (GB:PSDL) ) has provided an update.
Phoenix Spree Deutschland reported a 0.6% increase in its portfolio value for the first half of 2025, with both its PRS and condominium sales portfolios experiencing their first valuation increases since 2022. The company has notarized 57 units valued at €16.3 million, marking a 210% increase from the previous year, and expects continued robust demand and sales momentum in the second half of the year. The company’s strategic focus on accelerating condominium sales and refinancing debt is expected to allow for capital returns to shareholders, highlighting the resilience of Berlin’s residential property market.
More about Phoenix Spree Deutschland Ltd
Phoenix Spree Deutschland Limited is a UK-listed investment company specializing in Berlin residential real estate. The company focuses on condominium sales and managing a portfolio of investment properties in Berlin, aiming to capitalize on the strong demand and limited supply in the market.
Average Trading Volume: 67,679
Technical Sentiment Signal: Sell
Current Market Cap: £150.8M
Find detailed analytics on PSDL stock on TipRanks’ Stock Analysis page.