Investment Trusts

Phoenix Spree Deutschland Ltd Ord

PSDL:LSE

Phoenix Spree Deutschland Ltd Ord

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  • Price (GBX)175.00
  • Today's Change0.50 / 0.29%
  • Shares traded22.38k
  • 1 Year change+8.70%
  • Beta0.7956
Data delayed at least 20 minutes, as of Feb 19 2026 12:51 GMT.
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About the company

Phoenix Spree Deutschland Limited is a Jersey-based investment company specializing in Berlin residential real estate. The Company invests in residential and commercial property in Germany. The Company’s objective is to generate an attractive return for shareholders through the acquisition and active management of high-quality pre-let properties in Berlin, Germany. It is primarily investing 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. Its portfolio consists of approximately 93 properties containing 2,472 residential units and 138 commercial units, with a total lettable area of around 186,500 square meters. Its subsidiaries include Phoenix Spree Deutschland I Limited, Phoenix Spree Deutschland VII Limited, Phoenix Spree Deutschland X Limited, and others. Its property advisor is QSix Residential Limited.

  • Revenue in GBP (TTM)21.79m
  • Net income in GBP-22.93m
  • Incorporated2007
  • Employees0.00
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Profile

Management group(s)QSix Residential Limited
AIC sectorProperty - Europe
ISINJE00B248KJ21
Launch date15 Jun 2015
Share typeOrdinary Share
StructureInvestment Trust
Base currencyGBP

Objective

To realise the value of its existing assets through a carefully managed portfolio realisation, resulting in a managed sell down of the Company’s portfolio over time, with a view to returning available cash to Shareholders.

Managed by

Michael Hilton, Matthew Northover, Paul Ruddle, Jorg Schwagenscheidt

Management & contract fees

Management fee of 1.20% of the EPRA NAV equal to or less than Euro 500 m; and 1% of the EPRA NAV greater than GBP 500 m. Performance fee is 15% of the excess by which the EPRA NAV total return exceeds 8% p.a.The performance fee is 15% measured over consecutive three-year periods.

Institutional shareholders

33.48%Per cent of shares held by top holders
HolderShares% Held
Thames River Capital LLPas of 30 Sep 202517.85m19.44%
Hawksmoor Investment Management Ltd.as of 30 Apr 20252.94m3.21%
CG Asset Management Ltd.as of 30 Jan 20262.28m2.49%
Degroof Petercam Asset Management SAas of 31 Oct 20251.87m2.04%
BlackRock Investment Management (UK) Ltd.as of 13 Feb 20261.49m1.62%
Premier Fund Managers Ltd.as of 31 Oct 20251.41m1.53%
Asset Value Investors Ltd.as of 31 Jan 20261.21m1.31%
Vanguard Asset Management Ltd.as of 30 Nov 2025573.04k0.62%
Jupiter Asset Management Ltd.as of 31 Oct 2025571.04k0.62%
RM Capital Markets Ltd.as of 31 Dec 2025555.33k0.61%
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Data from 29 Aug 2025 - 30 Jan 2026Source: FactSet Research Systems Inc.
Data Provided by LSEG
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