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Pin to quick picksPhoenix Spree D Share News (PSDL)

Share Price Information for Phoenix Spree D (PSDL)

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Share Price: 158.00
Bid: 157.50
Ask: 158.50
Change: -2.00 (-1.25%)
Spread: 1.00 (0.635%)
Open: 158.00
High: 158.50
Low: 157.00
Prev. Close: 160.00
PSDL Live PriceLast checked at -
Phoenix Spree Deutschland is an Investment Trust

To provide Shareholders with both stable income returns, as well as capital growth through investment in German real estate, with a focus on residential properties in Berlin and secondary German cities.

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SMALL-CAP WINNERS & LOSERS: Superdry falls as UK retail sales slow

Tue, 07th Feb 2023 10:16

(Alliance News) - The following stocks are the leading risers and fallers among London Main Market small-caps on Tuesday.

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SMALL-CAP - WINNERS

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PRS REIT PLC, up 2.5% at 91.9 pence, 12-month range 80.2p-114p. The UK-focused real estate investment trust rises as data shows UK house prices remained stable in January, after months of decline. According to Halifax's house price index, house prices registered no monthly change in January. This follows a 1.3% monthly fall in December and a 2.4% drop in November. Other smallcap property stocks also rise, with abrdn Property Income Trust Ltd up 2.1% and Ediston Property Investment Co PLC up 1.7%.

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SMALL-CAP - LOSERS

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Superdry PLC, down 1.9% at 121.08p, 12-month range 91.7p-219.82p. The British clothing retailer falls as new data shows a slowdown in UK retail sales. According to the latest British Retail Consortium-KPMG tracker, UK retail sales rose by 4.2% on-year in January. Growth slowed markedly from 12% a year earlier. It was also down on the three-month average of 5.2%. On a like-for-like basis, sales rose 3.9% yearly in January, slower than the 4.9% three-month average.

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Phoenix Spree Deutschland Ltd, down 0.7% at 250.25p, 12-month range 232.0p-397.4p. The Berlin residential real estate investor says its like-for-like portfolio value fell 3.1% to EUR775.9 million at the end of 2022 from EUR801.5 million a year before. Explains that condiminium sales were hit by the cost of living crisis, higher borrowing costs and macroeconomic uncertainty. "These factors led to a deterioration in buyer sentiment and reduced volumes," it says. 2023 has started "encouragingly", however.

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By Elizabeth Winter, Alliance News senior markets reporter

Comments and questions to newsroom@alliancenews.com

Copyright 2023 Alliance News Ltd. All Rights Reserved.

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6 Apr 2020 13:22

Phoenix Spree Deutschland Portfolio Prepared For New Berlin Rent Rules

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25 Feb 2020 12:16

Phoenix Spree Deutschland Notes Passing Of Berlin Rent Cap As Law

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Phoenix Spree Deutschland Signs EUR240 Million Loan Facility

(Alliance News) - Berlin real estate-focused investment firm Phoenix Spree Deutschland Ltd said Thursday it has completed a new EUR240 million term loan facility, agreed with Natixis AG.The

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21 Jun 2019 18:07

Phoenix Spree Deutschland Show Disapproval Of Board's Performance

(Alliance News) - Phoenix Spree Deutschland Ltd shareholders showed their discontent with the company's board Friday with more than a fifth voting against several members of the board's of

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4 Jun 2019 14:50

Phoenix Spree Unaware Of Any Interest Held By Woodford Funds (ALLISS)

LONDON (Alliance News) - German residential property firm Phoenix Spree Deutschland Ltd on Tuesday said it is unaware of any shares held by funds managed by Woodford Investment Management Neil on

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Foresight Solar Fund Names Kairos Wealth Co-Founder As Non-Executive

LONDON (Alliance News) - Foresight Solar Fund Ltd on Monday said it appointed Monique O'Keefe as an independent non-executive director, starting from Saturday last week.The investment

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27 Sep 2018 11:23

Phoenix Spree Deutschland Profit Drops On Fall In Fair Value Gains

LONDON (Alliance News) - Germany-focused real estate investment company Phoenix Spree Deutschland Ltd said on Thursday its profit dropped sharply after a fall in the fair value gain on investment

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6 Jul 2018 16:24

Woodford Investment Management Halves Phoenix Spree Stake (ALLISS)

LONDON (Alliance News) - Phoenix Spree Deutschland Ltd said Friday that Woodford Investment Management Ltd halved its stake in the company to 7.07%.Woodfrod previous holding in the company

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Phoenix Spree Deutschland 2017 Profit Rises On Valuation Gain

LONDON (Alliance News) - Residential and commercial property Phoenix Spree Deutschland Ltd said on Friday its profit for 2017 more than doubled due to a significant gain in investment property a a

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BP Marsh Has Strong February After Positive Results - QuotedData

LONDON (Alliance News) - Net asset value moves during February were a result of dollar strength rather than a change in the local currency value of assets, according to a by a

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