Phoenix Spree boosts rents and values

Berlin residential property landlord enjoys a strong 2018
German residential property investor Phoenix Spree Deutschland ( PSDL ) seems able to brush off the country’s economic struggles after it reported a 14% increase in the value of its portfolio during 2018. Its focus on a relatively buoyant Berlin property market also delivered strong rental growth of 7.4%. The investment trust benefits from its exposure to a city with falling unemployment, an undersupply of rental properties and population...

Important information:

These articles are provided by Shares magazine which is published by AJ Bell Media, a part of AJ Bell. Shares is not written by AJ Bell Youinvest.

Shares is provided for your general information and use and is not a personal recommendation to invest. It is not intended to be relied upon by you in making or not making any investment decisions. The investments referred to in these articles will not be suitable for all investors. If in doubt please seek appropriate independent financial advice.

Investors acting on the information in these articles do so at their own risk and AJ Bell Media and its staff do not accept liability for losses suffered by investors as a result of their investment decisions.

The Shares team
Disclaimer

The value of your investments can go down as well as up and you may get back less than you originally invested. We don't offer advice, so it's important you understand the risks, if you're unsure please consult a suitably qualified financial adviser. Tax treatment depends on your individual circumstances and rules may change. Past performance is not a guide to future performance and some investments need to be held for the long term.