Shares are down 10% today on a Q3 release that disappointingly offered no insight into nothing. LfL rental
Read MoreQ3 results have been very encouragingly strong for the UK QSR Chain. Having gone through a CVA and bond restructuring last
Read MoreTurkish Airlines denied that it has made any attempt at buying an international airline at this juncture. Portuguese newspaper Negocios had
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Instead of examining Black Friday “bargains” the market’s focus has turned to a new Covid 19 strain emerging from Southern Africa. Airline stocks have
Read MoreOn a day where the presence of new Covid 19 in South Africa and the absence of investors from New York are wrecking havoc, especially in the travel sector, TAP’s Q3 release yesterday went almost unnoticed. Operating
Read MoreThe auto supplier’s newly issued SSNs (B-) dropped to 80 and below this morning following the company’s Q3 release yesterday evening. The
Read MoreCasino completed its refinancing raising an additional €425m of senior debt at € +4%, and with €105m of the proceeds
Read MoreIn an interview with El Pais, Luis Amodio (OHLA Chairman) commented that OHLA anticipates a rise in orders from Europe as the post-COVID spending plans are enacted. Public officials are
Read MorePlease find our significantly upgraded analysis of Aggregate here, as well as videos of our investment committee discussion.
So we have come to a conclusion. Following our initial take, detailed discussions with some of you, a meeting with Aggregate incl. Cevdet Caner and further discussions with other market participants and real estate investors, we
Read MoreVonovia’s rights issue presentation had a couple of graphs underlining why the German residential market remains such an attractive investment. We do
Read MoreThe third-quarter figures were the blowout that was not difficult to forecast, although volumes fell 2.5% vs Q320. The
Read MoreCodere has completed its restructuring, but unfortunately, the business still faces significant headwinds in relation to
Read MoreThe reshuffling of assets and refocusing of the KME business continues. The €20m of proceeds from the sale and
Read MoreThe severe cost pressures on the business haven’t gone away, but the pace of rises is slowing. The labour shortage at Boparan has fallen from >2,500 people to around 1,800, also
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