Phoenix Spree Deutschland Limited (PSDL.L) LSE

Currency In GBp

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Phoenix Spree Deutschland Limited

Address

Royal Trust House

London, SW1Y 6LX

United Kingdom of Great Britain and Northern Ireland (the)

Phone

44 2039 378 760

Sector

Real Estate

Industry

Real Estate - Services

Employees

N/A

First IPO Date

June 15, 2015

Key Executives

N/A
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Description

Phoenix Spree Deutschland Limited is a public limited company incorporated in Jersey, Channel Islands under the Companies (Jersey) Law 1991 (as amended). The Company has a listing on the Official List of the Financial Conduct Authority and was originally admitted to the premium segment of the Main Market of the London Stock Exchange on 15 June 2015. Following shareholder approval at the EGM of the Company held on 12 March 2025 (the 2025 EGM), the Group has new objective to realise the value of its existing assets through a carefully managed Portfolio realisation, resulting in a managed sell down of firm portfolio over time, with a view to returning available cash to shareholders. The Group is primarily invested in the residential market in Berlin, supplemented with selective investments in commercial property. The majority of commercial property within the Portfolio is located within residential and mixed-use properties. Phoenix Spree Deutschland Limited was incorporated in 2007 in Jersey.

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