1. Luxembourg Stocks

  2. •

    Real Estate

  3. •

    Real Estate - Development
Grand City Properties S.A.

Grand City Properties S.A.

GRDDY
Grand City Properties S.A.US flagOther OTC
11.10
USD
- -
- -
1.95BMarket Cap
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
2.23
2
2.63
2.9
3.11
3.29
2.29
2.19
2.24
2.36
2.39
2.45
2.43
2.98
Basic EPS, GAAP
2.97
1.78
2.82
3.7
3.5
3.13
2.63
2.33
3.27
0.92
-2.98
1.38
2.91
2.48
Free Cash Flow per Basic Share
0.79
0.97
1.21
1.3
1.23
1.32
1.45
1.38
1.25
1.26
1.43
1.63
1.58
1.61
Dividend per Share
- -
- -
0.19
0.25
0.7
0.48
0.64
0.42
0.32
0.34
- -
- -
- -
- -
Book Value per Share
6.11
8.02
14.4
18.65
21.15
25.54
26.94
29.21
31.45
30.46
27.35
27.9
30.11
29.99
Tangible Book Value per Share
6.08
7.98
14.36
18.59
21.08
25.45
26.85
29.13
31.36
30.39
27.32
27.87
30.09
29.98
Basic Weighted Avg Shares
76
116
127
153
160
166
167
170
168
168
172
173
176
176
Sales/Revenue/Turnover
170
232
333
443
497
545
383
372
375
396
411
423
429
526
Operating Margin (%)
40.49
48.06
52.41
50.61
49.42
49.86
76.23
78.71
76.68
74.5
74.99
77.21
77.01
63.5
Depreciation Expense
- -
1
2
2
2
3
4
5
8
10
9
6
7
8
Net Income, GAAP
226
206
358
565
559
519
440
395
549
154
-514
239
512
438
Effective Tax Rate (%)
12.03
15.22
14.45
15.77
18.64
16.47
19.73
17.1
21.98
21.71
- -
19.37
- -
41.27
Profit Margin (%)
133.43
88.8
107.48
127.66
112.47
95.17
114.99
106.07
146.46
38.88
-124.92
56.54
119.39
83.28
Working Capital
137
249
350
689
425
932
1,175
1,837
906
825
1,187
1,497
1,107
252
LT Debt
660
1,257
1,963
2,378
2,732
3,298
3,777
4,121
4,054
3,988
4,239
4,283
3,977
3,317
Total Equity
768
1,042
2,172
3,065
3,850
4,667
4,967
5,555
5,803
5,914
5,230
5,414
5,938
5,910
Return on Invested Capital (%)
6.29
5.03
4.59
3.89
3.3
3.11
2.79
2.63
2.29
2.33
- -
2.7
- -
- -
Return on Capital (%)
20.45
9.94
10.64
10.51
8.47
6.77
5.05
4.17
5.28
1.67
- -
2.91
- -
7.45
Return on Common Equity (%)
50.9
24.83
24.05
23.07
17.59
13.4
10.02
8.28
10.75
2.95
-10.31
4.96
10.02
8.51

Capital Structure

FRC

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
550
1,135
1,084
LT Borrowings
3,859
3,316
3,317
LT Finance Leases
118
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
176
176
176
Market Capitalization
1,984
2,017
2,040

Working Capital

FRC

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
2,053
2,062
1,855
Cash, Cash Equivalents & STI
1,623
1,596
1,365
Accounts Receivable, Net
281
383
411
Inventories
- -
- -
- -
Total Current Liabilities
946
1,555
1,603
Payables & Accruals
- -
- -
- -
ST Debt
550
1,135
1,084
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
11.42%
1.6%
9.67%
Free Cash Flow
6.67%
3.95%
-1.36%
Net Income, GAAP
-47.51%
-99.82%
114.19%
Sales/Revenue/Turnover
3.66%
2.87%
1.43%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
105
149
149
106
423
2025
106
147
153
109
429
2026
109
156
- -
- -
- -

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.24
-0.49
0.31
- -
1.38
2025
0.41
0.63
0.98
- -
2.91
2026
0.22
0.39
- -
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -

Company Description

Company Profile APIChatGPT
CEO
Refael Zamir
Full Time Employees
614
Sector
Real Estate
Industry
Real Estate - Development
Address
37, Boulevard Joseph II Luxembourg City LU Luxembourg 1840
IPO Date
Feb 14, 2018
Website
grandcityproperties.com
Similar Companies
PT Indonesian Paradise Property Tbk (INPP.JK)
Zhejiang Dongwang Times Technology Co., Ltd. (600052.SS)
Lancor Holdings Limited (LANCORHOL.NS)
Fu Hua Innovation Co. Ltd. (3056.TW)
Bangkok Land Public Company Limited (BLAND.BK)
Kontor Space Ltd. (KONTOR.NS)
Business
Grand City Properties S.A. (Ticker: GRDDY) is a Luxembourg-based real estate investment and management company focused on residential and mixed-use properties across Europe. The company owns, develops, and manages a diversified portfolio of apartments, residential complexes, and commercial spaces, including value-add and core-plus assets; it provides property management services, leasing, and renovation programs to optimize rental income and asset values. Operations span key markets in Germany, the United Kingdom, the Netherlands, Poland, Israel, and other European regions, targeting middle-income residential tenants and institutional investors. Founded in 2012 and headquartered in Luxembourg City, Luxembourg, Grand City Properties emphasizes sustainable urban development and portfolio expansion through targeted acquisitions. Recent strategic developments include ongoing portfolio optimization initiatives, such as asset disposals in non-core markets and selective acquisitions to enhance yield profiles; in 2024-2025, the company pursued refinancing efforts amid European interest rate dynamics and announced expansions in high-growth residential segments in Germany and Poland, reinforcing its position as a leading pan-European residential REIT.