Driven by a continuing housing shortage, Berlin residential property rents and condominium prices have continued to increase over the past year. Having successfully weathered the now repealed rent restrictions, we expect Phoenix Spree Deutschland (PSD) to continue to extract the significant value embedded in its portfolio successfully despite the uncertainties of rising inflation and interest rates and war in Ukraine.
12 May 2022
Phoenix Spree Deutschland - Positive return to core strategy
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Phoenix Spree Deutschland - Positive return to core strategy
Phoenix Spree Deutschland Fund (PSDL:LON) | 144 0 0.0% | Mkt Cap: 132.0m
- Published:
12 May 2022 -
Author:
Martyn King -
Pages:
19
Driven by a continuing housing shortage, Berlin residential property rents and condominium prices have continued to increase over the past year. Having successfully weathered the now repealed rent restrictions, we expect Phoenix Spree Deutschland (PSD) to continue to extract the significant value embedded in its portfolio successfully despite the uncertainties of rising inflation and interest rates and war in Ukraine.