PHOENIX SPREE DEUTSCHLAND LTD ORD NPV
Symbol: PSDL
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Invest in this share within an ISA, JISA, SIPP or Investment Account
Past Performance
- 26th Apr 2020 to 26th Apr 202143.86%
- 26th Apr 2021 to 26th Apr 2022-0.97%
- 26th Apr 2022 to 26th Apr 2023-42.46%
- 26th Apr 2023 to 26th Apr 2024-26.85%
- 26th Apr 2024 to 26th Apr 20259.76%
Key Information
| Benchmark | N/A |
| Sector | IT Property - Europe |
| Gearing | 100% |
| Ex-Dividend Date | Unknown |
| Dividend Pay Date | Unknown |
| Total Dividends - Year to Date | 0 |
| Dividend Yield (%) | 0 |
Net Asset Value (Nav)
| Latest actual NAV | 272.95 |
| Latest actual NAV date | 28/06/2024 |
| NAV frequency | HalfYearly |
| Premium/Discount | -42.3% |
Charges
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Total Ongoing Charges
Please note that whilst we endeavour to show all charges associated with specific funds, sometimes this is not possible due to the information not being made available by the fund provider. In such cases transaction or incidental cost information may be missing. |
1.20% |
| Performance Fee | No |
| AMC | % |
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Our Platform Charge
We charge a platform fee of 0.30% per annum on the value of all stocks & shares held across all accounts, minimum £50 and maximum £600 per annum, charged pro-rata monthly in arrears. A full list of our rates and charges can be found here . |
0.30% |
Cost and Charges Information
This calculator provides you with costs and charges information regarding our charges and, where relevant, the costs within this investment product
Account Type
Annual charges
These are the annual costs based on an initial investment amount of over 1 year assuming a net zero growth rate
| Cost Category | % of Investment | lump sum costs |
|---|---|---|
Our annual fee
Our annual feeIncludes our platform fee at 0.30% per annum (excluding Charles Stanley Multi Asset Funds and anycash held). The min fee is £60, the max is £600 per annum, plus SIPP administration fee (if applicable, only charged if < £30,000 held) – see here |
0.30% | |
Dealing charges
Dealing chargesAny one-off commission charges associated with investing. Note that government taxes and levies are not included. This does not include any commission credits you may have available |
N/A | |
Product provider costs
Product provider costsProduct provider costs shown are inclusive of the fund ongoing charges figure (OCF), transaction costs and incidental costs |
1.20% | |
Total (£)
Total (£)Costs per annum displayed in monetary value |
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Total (%)
Total (%)Costs per annum displayed as a percentage of investment value |
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Cumulative effect of charges on your investment's return
This illustration assumes that costs occur evenly throughout the year, charges are paid out of the investment evenly throughout the year, and that an annual growth rate of applies evenly throughout the year, before any charges including product charges
| lump sum invested with an assumed growth rate of | 1 year | years |
|---|---|---|
What you might get back at with no charges applied
What you might get back at with no charges appliedThese are the illustrative values of a investment after growth and no costs applied at the end of the defined period |
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Annual charges
Annual chargesThese are the annual costs based on an initial investment amount of assuming a net zero growth rate |
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Effect of charges on return (%)
Effect of charges on return (%)These are the overall costs in percentage terms, based on an initial investment amount of assuming a growth rate |
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Effect of charges on return (£)
Effect of charges on return (£)These are the overall costs in monetary value, based on an initial investment amount of assuming a growth rate |
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What you might get back at with charges applied
What you might get back at with charges appliedThese are the illustrative values of a investment after growth and costs at the end of the defined period |
This illustration is not a forecast of future investment performance but merely a means to demonstrate the potential impact of costs and charges for an assumed return of . Whilst we make reasonable endeavours to ensure the accuracy of third party charges information, this is intended for illustrative purposes only and should not be relied upon. We do not warrant or represent that this information is accurate, complete or up to date, therefore we accept no responsibility or liability for its use
Company
Business Summary
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.
Financial Summary
BRIEF: For the six months ended 30 June 2024, Phoenix Spree Deutschland Ltd revenues increased 3% to EUR14.2M. Net loss decreased 58% to EUR19.4M. Revenues reflect an increase in demand for the Company's products and services due to favorable market conditions. Lower net loss reflects Investment property fair value (loss) /g decrease of 56% to EUR25.1M (expense), Gain / (loss) on interest rate swaps increase from EUR349K to EUR1.5M (income).
Performance
Cumulative Performance
| 1 month | 3 months | 6 months | 1 year | 3 years | 5 years |
| 1.88% | -1.81% | -9.19% | 9.76% | -53.80% | -34.18% |
Important Information
Headline performance can mask the true characteristics of a fund. Without fully understanding how a fund is managed, you may inadvertently become exposed to an undesirable level of risk to your capital. Some funds carry a dilution levy which reduces the number of units realised on any initial investment as an initial charge. If this fund carries such a levy it should be detailed in the Key Investor Information Document (KIID), which we must provide and you should read before investing.
The charts and performance data shown are supplied by an external data provider and may contain data that appears to precede the introduction of the clean unit class for this fund. In such cases, historical data has been synthesised at the entire discretion of that external provider as realistically as possible using historical data recorded against the previously available commission-paying version of the fund, adjusting for fees in the process.
Composition
Important Documents
The documents listed below are the latest versions made available to our data provider by the fund management group, but may not necessarily reflect the applicable charges that would be levied should you purchase this fund via Charles Stanley Direct. You should treat the charges and other figures shown in the 'Overview' tab as accurate.
102,154 bytes PDF Document; last updated 24 Jan 2025
4,688,801 bytes PDF Document; last updated 31 Dec 2023
1,504,534 bytes PDF Document; last updated 20 Jun 2024
Management Team
Financials
Income Statement - All values are in GBP (M).
|
Year Ending |
31/12/2023 |
31/12/2022 |
31/12/2021 |
31/12/2020 |
31/12/2019 |
31/12/2018 |
|---|---|---|---|---|---|---|
| Total Revenue | 27.45 | 25.93 | 25.79 | 23.90 | 22.60 | 22.68 |
| Gross profit | 10.14 | 8.82 | 9.71 | 7.46 | 8.40 | 6.92 |
| Operating Profit/Loss | -95.21 | -36.53 | 45.42 | 48.27 | 44.57 | 65.92 |
| Profit Before Tax | -111.80 | -17.55 | 45.25 | 37.86 | 28.56 | 56.43 |
| Profit After Tax | -98.76 | -15.81 | 37.37 | 30.31 | 22.74 | 45.36 |
| Equity Holders of Parent Company | -98.11 | -15.44 | 37.31 | 29.79 | 22.29 | 45.09 |
| Minority Interest | 3.21 | 3.59 | 3.53 | 3.01 | 2.56 | 1.73 |
Balance Sheet - All values are in GBP (M).
|
Year Ending |
31/12/2023 |
31/12/2022 |
31/12/2021 |
31/12/2020 |
31/12/2019 |
31/12/2018 |
|---|---|---|---|---|---|---|
| Total Non-Current Assets | 624.61 | 778.25 | 762.50 | 752.83 | 722.98 | 636.38 |
| Total Current Assets | 84.43 | 37.08 | 63.77 | 64.71 | 62.58 | 47.15 |
| Total Assets | 709.03 | 815.33 | 826.27 | 817.54 | 785.56 | 683.52 |
| Total Liabilities | 391.40 | 398.94 | 382.64 | 383.59 | 368.66 | 273.67 |
| Total Net Assets | 317.63 | 416.39 | 443.63 | 433.96 | 416.90 | 409.85 |
| Shareholders Funds | 315.07 | 413.18 | 440.04 | 430.43 | 413.89 | 407.86 |
| Minority Interests | 3.21 | 3.59 | 3.53 | 3.01 | 2.56 | 1.73 |
| Total Equity | 317.63 | 416.39 | 443.63 | 433.96 | 416.90 | 409.85 |