Grand City Properties S.A.

Grand City Properties S.A.

GRNNF
Grand City Properties S.A.US flagOther OTC
10.45
USD
- -
- -
1.84BMarket 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
2.94
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
2.72
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
1.59
Dividend per Share
- -
- -
0.19
0.25
0.7
0.48
0.64
0.42
0.32
0.34
- -
- -
- -
- -
Book Value per Share
5.07
5.14
7.4
9.73
12.67
15.26
17.39
19.28
22.68
22.87
19.15
20.06
22.32
22.49
Tangible Book Value per Share
10.04
8.97
17.07
19.99
24.05
28.09
29.61
32.63
34.54
35.1
30.31
31.34
33.69
33.64
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
518
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
64
Depreciation Expense
- -
1
2
2
2
3
4
5
8
10
9
6
7
7
Net Income, GAAP
226
206
358
565
559
519
440
395
549
154
-514
239
512
479
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
- -
42.16
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
92.58
Working Capital
137
249
350
689
425
932
1,175
1,837
906
825
1,187
1,497
1,107
507
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
3,316
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
5,927
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
- -
2.8
Return on Capital (%)
24.97
12.13
13.69
14.12
11.09
8.67
6.31
5.1
6.29
1.95
- -
3.42
- -
9.21
Return on Common Equity (%)
83.46
41.99
46.76
46.56
31.84
22.81
16.19
12.78
15.51
4.03
-14.38
7.07
13.85
12.81

Capital Structure

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
549
550
1,135
LT Borrowings
3,706
3,859
3,316
LT Finance Leases
- -
118
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
176
176
176
Market Capitalization
1,874
1,731
1,593

Working Capital

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
1,999
2,053
2,062
Cash, Cash Equivalents & STI
1,354
1,623
1,596
Accounts Receivable, Net
524
281
383
Inventories
- -
- -
- -
Total Current Liabilities
1,023
946
1,555
Payables & Accruals
- -
- -
- -
ST Debt
549
550
1,135
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
- -
- -
- -
- -

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
- -
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

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

Company Description

APIChat
CEO
Refael Zamir
Full Time Employees
614
Sector
Real Estate
Industry
Real Estate - Services
Address
37, Boulevard Joseph II Luxembourg City Luxembourg 1840
IPO Date
Jul 26, 2017
Business
Grand City Properties S.A. is a residential real estate company primarily engaged in the acquisition, ownership, and management of residential property portfolios. The company specializes in residential rental properties, focusing on multifamily residential buildings primarily located in major cities across Germany and other European countries. Its core products and services include residential property acquisition; portfolio management; renovation and modernization of residential units; leasing and property rental services; property asset management; and tenant services. The company operates predominantly in Germany but extends its property holdings throughout select major European urban markets. Grand City Properties S.A. was founded in 2004 and maintains its headquarters in Luxembourg. It targets a broad tenant base consisting mainly of residential renters in urban areas seeking professionally managed, modern rental housing. Recent major company changes include ongoing portfolio expansion through acquisitions of residential assets in Germany and Europe to increase the scale and quality of its holdings. The company has focused on active asset management strategies, including sustainability initiatives and modernization programs to enhance property value and tenant satisfaction. There are no recent name changes or major reorganizations reported within the past year. The company's strategic focus remains on growing its residential rental business footprint, improving operational efficiencies, and leveraging market opportunities in European urban centers. Grand City Properties S.A. thus offers a comprehensive range of services in residential property investment and management, with a strategic focus on asset growth and modernization across key European cities, built on over two decades of operational experience headquartered in Luxembourg.

Company News

APIChat
  • Grand City Properties S.A. (GRDDY) Q4 2025 Earnings Call Transcript

  • Aroundtown Announces Acquisition Offer for Shares of Grand City Properties, Publishes 2025 Consolidated Financial Report, Proposes Dividend Payment Combined with Updated Dividend Policy

  • Grand City Properties S.A. (OTCMKTS:GRNNF) Short Interest Up 22.7% in December

  • Grand City Properties May Become Again An Income Investment Soon

  • Grand City Properties: Potential Dividend Resumption A Re-Rating Catalyst

  • Grand City Properties: Cheap Valuation Despite Improving Fundamentals

  • Grand City Properties: Don't Worry About The Dividend Suspension

  • Grand City Properties: 8.8% Yield Likely Ahead

  • Grand City Properties: A Value Play In The German Real Estate Market