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Phoenix Spree Deutschland Ltd ( (GB:PSDL) ) has shared an update.
Phoenix Spree Deutschland Ltd announced that its property advisor, QSix Residential Limited, has purchased an additional 58,800 ordinary shares in the company, reinforcing its commitment to reinvest proceeds from disposal fees into PSD shares. This strategic move, part of their ongoing agreement, enhances QSix’s stake in PSD, potentially strengthening the company’s market position and aligning interests with stakeholders.
More about Phoenix Spree Deutschland Ltd
Phoenix Spree Deutschland Ltd operates in the real estate industry, focusing on residential property investments in Germany. The company primarily deals with acquiring, managing, and selling residential properties, with a notable emphasis on condominium sales.
Average Trading Volume: 41,280
Technical Sentiment Signal: Hold
Current Market Cap: £152M
Learn more about PSDL stock on TipRanks’ Stock Analysis page.