Added to YB: 2025-03-27
Pitch date: 2025-03-26
PSDL.L [neutral]
Phoenix Spree Deutschland Limited
+6.33%
current return
Author Info
The Oak Bloke shares analysis of the UK stock market, particularly overlooked small caps. Sign up for the newsletter.
Company Info
The Company is a public limited company incorporated in Jersey, Channel Islands under the Companies (Jersey) Law 1991 (as amended).
Market Cap
GBP 174.4M
Pitch Price
GBP 1.58
Price Target
N/A
Dividend
N/A
EV/EBITDA
46.09
P/E
-4.48
EV/Sales
14.12
Sector
Real Estate Management and Development
Category
turnaround
Pay the Phoe, and by Friday, have a Spree - Phoenix Spree Deutschland Limited
PSDL.L (overview): Berlin residential real estate trust. Low rent yields (2% net) due to rent controls. Shifting to condo sales with 48.6% premium over NAV. Plan to sell €298m assets to reduce €300m debt. If successful, could yield 2-10% profit on remaining portfolio. Execution speed crucial for investor returns.
Read full article (6 min)