AroundTown is in the process of extending its maturity profile through a combination of calls, tender offers and the issuance of
Read MoreRecent strong investor demand has continued to push new issuance coupons tighter for AroundTown. The most recent issuance reduces
Read MoreAroundTown has issued a tender document to redeem its 2026 Notes at or close to par and redeem, via a Dutch Auction, some of its
Read MoreAroundTown management’s comments reflect further confidence in both the property markets and specifically in the real estate funding market. This renewed
Read MoreAroundTown released its Q1 results this morning, reflecting continued positive momentum. While the pace of disposals was slightly below our expectations, the company remains
Read MoreGrand City Properties continues to benefit from robust fundamentals in the German residential market, where supply shortages and broader
Read MoreAroundTown are extending its debt maturities and has launched a new 5-year fixed at c.215bps over, the proceeds of which wil
Read MoreAroundTown released its FY24 accounts, demonstrating continued European real estate market improvement. AroundTown continues to
Read MoreLike other real estate entities, AroundTown’s operational data continues to improve quarter-on-quarter. Asset revaluation is reaching a trough now, coupled with
Read MoreBoth AroundTown and Grand City Properties are offering investors who previously didn’t tender into the “perpetual swap” another option. The terms are
Read MoreManagement believes they have reached a turning point in the real estate market, with capital markets opening, reducing revaluation losses, and
Read MoreHaving left its Perps in place, Aroundtown’s Sr. financing now benefits from easier market access, allowing the company to continue rolling its
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