Search Follow us

 

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.

Continue reading

This version is programmatically created by Responsive Labs and qualified in its entirety to the original PDF.

Powered by Responsive Labs