As Germany’s recently established largest residential developer, Consus already has an unrivalled €5.3bn pipeline of low-risk projects, which are strategically located in cities where robust demand for its end-product is underpinned by long-term undersupply. The forward sale of its developments to institutional investors provides revenue and cash flow visibility, while also limiting funding requirements. The shares trade at a 26% P/E and 50% EV/EBITDA discount vs the peer group bas
22 Aug 2018
Consus Real Estate - Well-positioned to accelerate growth
Sign up to access
Get access to our full offering from over 30 providers
Get access to our full offering from over 30 providers
Consus Real Estate - Well-positioned to accelerate growth
- Published:
22 Aug 2018 -
Author:
Milosz Papst -
Pages:
12
As Germany’s recently established largest residential developer, Consus already has an unrivalled €5.3bn pipeline of low-risk projects, which are strategically located in cities where robust demand for its end-product is underpinned by long-term undersupply. The forward sale of its developments to institutional investors provides revenue and cash flow visibility, while also limiting funding requirements. The shares trade at a 26% P/E and 50% EV/EBITDA discount vs the peer group bas