Share price
Market cap (M)
€714m
Portfolio valuation as at 30 June 2023
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: germanresidential@qsix.com
| Fund name | Phoenix Spree Deutschland Limited |
| EPRA NTA per share (as at 30 June 2022) | 492p |
| Listing | June 2015 |
| Trading | Premium Main Market London Stock Exchange |
| Structure | Closed-end Investment Fund |
| ISIN | JE00B248KJ21 |
| SEDOL | BVG2VP8 |
| Ticker | PSDL |
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
