Aroundtown’s FY25 announcements point to operational stabilisation and continued deleveraging; however, the reinstatement of dividends and move to

Read More

The successful issuance of a €750m perpetual bond at a 5.125% coupon highlights strong demand for BB+ rated real estate credit. The coupon

Read More

Aroundtown has announced a multi-currency tender across five outstanding hybrid issues (EUR/GBP/USD, including

Read More

Aroundtown’s board has approved a share buy-back programme of up to €250 million, launching on 26 January and running

Read More

AroundTown is in the process of extending its maturity profile through a combination of calls, tender offers and the issuance of

Read More

Recent strong investor demand has continued to push new issuance coupons tighter for AroundTown. The most recent issuance reduces

Read More

AroundTown 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 More

AroundTown management’s comments reflect further confidence in both the property markets and specifically in the real estate funding market. This renewed

Read More

AroundTown released its Q1 results this morning, reflecting continued positive momentum. While the pace of disposals was slightly below our expectations, the company remains

Read More

Please find our updated analysis on AroundTown here.

We have always viewed AroundTown as a standalone entity, inferring no benefit from its 62% equity stake in Grand City Properties. Operations at the deconsolidated AroundTown entity

Read More

Like other real estate entities, AroundTown’s operational data continues to improve quarter-on-quarter.  Asset revaluation is reaching a trough now, coupled with

Read More

I've included for you our updated analysis on AroundTown here. 

AroundTown continues to make progress and post their liability management exercises, investor focus will switch to equity-enhancing

Read More