Share price

Market cap (M)

7.50p

Dividend

(12 months to 31 December 2019)

Phoenix Spree Deutschland (PSDL:LN) is a closed-end investment company investing in Berlin rental property, listed on the Premium Main Market of the London Stock Exchange.

Launched in 2007 and listed in June 2015, the fund has a track record of delivering both reliable income and capital growth driven by a strategy of property investment, rental growth and condominium whilst also aiming to improve the quality of accommodation for tenants.

QSix has acted as the Property Advisor to Phoenix Spree Deutschland since its inception with its experienced team of property professionals in the UK and Germany. For more information please visit the website or contact :

Stuart Young, Partner and Head of Public Markets
stuart.young@qsix.com
+44 203 937 8777

Fund namePhoenix Spree Deutschland Limited
EPRA NAV per share (six months to June 2020)460p
ListingJune 2015
TradingPremium Main Market London Stock Exchange
StructureClosed-end Investment Fund
ISINJE00B248KJ21
SEDOLBVG2VP8
TickerPSDL
Dividend paymentsSemi-annual
Last dividend payment July 20206.3p

Our Portfolio

Building name: Riemannstraße 8 in Berlin Friedrichshain-Kreuzberg

Location: Kreuzberg, Berlin

Acquired: 2007

  • Modernisation / renovation of vacant apartments
  • Façade improvements
  • Sold as condominiums with last unit sold in April 2018

Building name: Ilsenburger Straße

Location: Charlottenburg, Berlin

Acquired: 2007

  • Modernisation / renovation of vacant apartments

Building name: Otto-Suhr-Allee

Location: Charlottenburg, Berlin

Acquired: December 2007

  • Modernisation / renovation of vacant apartments,
  • Full renovation of shared areas both internal and external.
  • Condominium project with planning consents agreed.

Building name: Ebertystraße

Location: Friedrichshain, Berlin

Acquired: 2007

  • Modernisation / renovation of vacant apartments
  • Full renovation of shared areas both internal and external.
  • Change of the use of the ground floor from commercial to residential.
  • Condominium project commenced 2019