Grand City Properties S.A. is a residential real estate company, headquartered in Luxembourg. It invests in value-add residential opportunities in the largest cities and metropolitan areas of Germany and London. With 63.000 apartments, Grand City Properties is one of the largest residential real estate companies in Europe. The company has annual net rent of €560 million and is distributing annual dividends of around €138 million. As of December 2019, the company’s asset value is €11 billion and equity €5 billion. The net profit in 2019 was €493 million and €340 million in 1-9/2020. More information...
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