Search Follow us

Consus Real Estate (CC1)

Business description

Consus Real Estate, based in Berlin, is the leading, listed residential real estate developer in Germany. The company's development portfolio consists of 49 projects across nine cities with a gross development value of €5.3bn. It also owns a small commercial assets portfolio.

Stock data

Market cap.€834.3m
Last close€8.50
High / Low (52 weeks)€9.4 / €7.0
Stock market listingDB
Forecast net debt (m)N/A
Forecast gearing ratio (%)N/A
TeamFinancials
SectorFinancials

Price performance

%1m3m12m
Actual(1.4)15.6(5)
Relative *(1.2)14.6(3.3)

* % Relative to local index

Other companies in sector Show

3i Group Abbey Protection
Aberdeen Asset Management Admiral Group
AFH Financial Group Ai Claims Solutions
Allied Minds Alpha Strategic
Amlin APQ Global
Arbuthnot Banking Group Arden Partners
Ashford Ashford Hospitality Trust
Ashmore Group Atlantis Japan Growth Fund
Attica Bank Aviva
Banca IFIS Banca Sistema
BB Healthcare Trust Beazley
BlackRock Emerging Europe Braemar Hotels & Resorts
Brewin Dolphin Brightside Group
Catlin Group Cenkos Securities
ChimpChange Circle Holdings
City of London Group Collins Stewart
Corestate Capital Holding Covercy
Curtis Banks DeA Capital
Deutsche Börse Deutsche Grundstücksauktionen
DF Deutsche Forfait Empiric Student Property
Ernst Russ Experian
Fairpoint Group FBD Holdings
Ferratum Oyj FinLab
Gable Holdings Gartmore Group
GCP Student Living German Startups Group
GLI Finance Grand City Properties
Hardy Underwriting Hargreaves Lansdown
Heartland New Zealand Helphire
Henderson Group Hiscox
HSBC Holdings ICAP
ICG-Longbow Senior Secured UK Property Debt Investments Ltd IE Financial
IFG Group IG Group
Impax Asset Management International Personal Finance
Is Yatirim Menkul Degerler JDC Group
John Laing Group Jupiter Fund Management
Lancashire Holdings Lighthouse Group
Liontrust Asset Management Lloyd Fonds
London Stock Exchange Group MAN Group
Market Tech Holdings Mattioli Woods
MCB Finance Group mic
Moneysupermarket.com MPC Capital
MyBucks NEOVIA Financial
Noratis Novae Group
Numis Corporation Nurnberger Beteiligungs
Oakley Capital Investments Ocean Capital
Oekoworld Omega Insurance Holdings
OTC Markets Group Panmure Gordon
Park Group Picton Property Income
Powerhouse Ventures Prudential
publity Quayle Munro Holdings
Randall & Quilter Investment Holdings RCM Beteiligungs
Record Rensburg Sheppards
RSM Tenon S&U
Sanlam Securities UK Scherzer & Co
Schroders Secure Trust Bank
Share Shore Capital Group
St. James's Place Supermarket Income REIT
Syndicate Asset Management Tawa
The Dolphin Square Charitable Foundation Town Centre Securities
Tungsten Corporation Umweltbank
Volta Finance Warsaw Stock Exchange
WH Ireland WorldSpreads Group

Latest research

AKTUELLE VERÖFFENTLICHUNGEN

Consus Real Estate

Für stärkeres Wachstum gerüstet

22/08/2018

Investment summary

As Germany’s recently established largest residential developer, Consus already has an unrivalled €5.3bn pipeline of low-risk projects, which are strategically located in cities where robust demand for its end-product is underpinned by long-term undersupply. The forward sale of its developments to institutional investors provides revenue and cash flow visibility, while also limiting funding requirements. The shares trade at a 26% P/E and 50% EV/EBITDA discount vs the peer group based on FY19 consensus estimates.

Last updated on 22/08/2018

Key management

Andreas Steyer, CEO
Benjamin Lee, CFO

Company address

Kurfürstendamm 188-189
Berlin
10707
Germany
+49 (0) 30 965 357 90 260
View website