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Grand City Properties SA (GYC.DE)

GYC.DE on Xetra

19.30EUR
15 Dec 2017
Change (% chg)

€-0.18 (-0.92%)
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€19.48
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€19.51
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€19.55
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€19.30
Volume
1,085,518
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€19.78
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€15.15

Latest Key Developments (Source: Significant Developments)

Grand City Properties 9-mth FFO I increased to EUR 130 mln
Friday, 17 Nov 2017 01:17am EST 

Nov 17 (Reuters) - GRAND CITY PROPERTIES SA ::9-MONTH ‍ADJUSTED EBITDA OF EUR 183 MILLION FROM EUR 165 MILLION IN 9M 2016​.9-MONTH FFO I INCREASED TO €130 MILLION, INCREASING 11% YOY‍​.9-MONTH NET PROFIT OF €404 MILLION; EARNINGS PER SHARE OF €2.13.9-MONTH ‍RENTAL AND OPERATING INCOME INCREASED TO EUR 366 MILLION, UP 14% YOY FROM EUR 320 MILLION​.  Full Article

Grand City Properties H1 net profit at 225 million euros
Friday, 18 Aug 2017 01:15am EDT 

Aug 18 (Reuters) - GRAND CITY PROPERTIES SA :H1 ‍RENTAL AND OPERATING INCOME INCREASED TO EUR239 MILLION, UP FROM EUR208 MILLION​.H1 NET PROFIT RESULTED IN EUR225 MILLION; EARNINGS PER SHARE OF EUR1.24.H1 ‍FFO I UP YOY TO EUR85 MILLION​.H1 ‍ADJUSTED EBITDA UP BY 12% YOY TO EUR121 MILLION​.  Full Article

Grand City Properties announces pricing and result of offer to holders of EUR 500 mln notes
Monday, 31 Jul 2017 06:58am EDT 

July 31 (Reuters) - GRAND CITY PROPERTIES SA :DGAP-NEWS: GRAND CITY PROPERTIES S.A. ANNOUNCES THE PRICING AND THE RESULT OF THE OFFER TO THE HOLDERS OF ITS OUTSTANDING EUR500,000,000 2.00 PER CENT. NOTES DUE 2021 TO TENDER SUCH NOTES FOR PURCHASE FOR CASH.NOTES IN AN AGGREGATE PRINCIPAL AMOUNT OF EUR 320.6 MILLION WERE VALIDLY TENDERED FOR PURCHASE PURSUANT TO OFFER.  Full Article

Grand City Properties sccessfully places EUR 600 mln of notes
Tuesday, 25 Jul 2017 09:21am EDT 

July 25 (Reuters) - GRAND CITY PROPERTIES SA ::DGAP-NEWS: GRAND CITY PROPERTIES S.A. SUCCESSFULLY PLACES EURO 600 MILLION OF NOTES DUE 2026 UNDER THE EMTN PROGRAMME.  Full Article

Grand City Properties considers issuing fixed rate notes
Monday, 24 Jul 2017 04:21am EDT 

July 24 (Reuters) - GRAND CITY PROPERTIES SA ::GRAND CITY PROPERTIES S.A. OFFERS TO THE HOLDERS OF ITS OUTSTANDING EUR 500,000,000 2.00% NOTES DUE 2021 TO TENDER SUCH NOTES FOR PURCHASE FOR CASH AND CONSIDERS ISSUING FIXED RATE NOTES.‍FURTHERMORE, CONSIDERS TO ISSUE EUR DENOMINATED REG S BEARER, SENIOR UNSECURED EXPECTED 9 -YEARS NOTES​.  Full Article

Grand City Properties ‍announces establishment of euro medium term note programme​
Friday, 21 Jul 2017 10:01am EDT 

July 21 (Reuters) - GRAND CITY PROPERTIES SA ::‍ANNOUNCES ESTABLISHMENT OF A EUR1,500,000,000 EURO MEDIUM TERM NOTE PROGRAMME​.‍NOTES ISSUED UNDER EMTN PROGRAMME WILL RANK PARI PASSU WITH COMPANY'S OUTSTANDING SENIOR NOTES​.  Full Article

Grand City Properties announces capital increase
Tuesday, 20 Jun 2017 11:39am EDT 

June 20 (Reuters) - GRAND CITY PROPERTIES SA ::GRAND CITY PROPERTIES S.A. ANNOUNCES CAPITAL INCREASE.TO INCREASE TOTAL SHARE CAPITAL FROM EUR 15,378,888.30 BY UP TO EUR 1,100,000.00 TO UP TO EUR 16,478,888.30 THROUGH ISSUE OF UP TO 11,000,000 NEW SHARES WITH PAR VALUE OF EUR 0.10 EACH.ISSUE PRICE FOR NEW SHARES WILL BE DETERMINED ON BASIS OF OUTCOME OF AN ACCELERATED BOOKBUILDING PROCESS.SUBSCRIPTION RIGHTS OF EXISTING SHAREHOLDERS WERE EXCLUDED.  Full Article

Grand City Properties Q1 net profit up at EUR 92 million
Monday, 15 May 2017 01:16am EDT 

May 15 (Reuters) - GRAND CITY PROPERTIES SA :Q1 NET PROFIT INCREASED TO EUR92 MILLION; EARNINGS PER SHARE INCREASE OF 9% YOY TO EUR0.51.Q1 FFO I INCREASE OF 12% YOY TO EUR42 MILLION.Q1 ADJUSTED EBITDA OF EUR60 MILLION, UP 11% YOY.Q1 LIKE-FOR-LIKE OCCUPANCY GROWTH OF 2.7% P.A. AND LIKE-FOR-LIKE IN-PLACE RENT GROWTH OF 2.1% P.A..Q1 RENTAL AND OPERATING INCOME INCREASED TO EUR118 MILLION, UP FROM EUR101 MILLION.  Full Article

Grand City Properties FY net profit up 66 pct at 653 million euros
Tuesday, 21 Mar 2017 02:31am EDT 

Grand City Properties SA : FFO I in 2016 amounted to 160 million euros, up 25 pct from 2015 . Net profit increased by 66 pct amounting to 653 million euros in 2016; earnings per share at 3.56 euros, an increase of 31 pct . Increased dividend payout ratio to 65 pct of FFO I per share starting from 2016 dividend results in 0.68 euros dividend per share, up 172 pct from last year's dividend . Rental and operating income at 436 million euros for FY 2016, up 31 pct from 2015 . FY EBITDA increased by 69 pct to 825 million euros in 2016 .FY adjusted EBITDA for 2016 at 225 million euros, an increase of 27 pct to 2015.  Full Article

Grand City Properties FY net profit up 66 pct at 653 million euros
Tuesday, 21 Mar 2017 02:31am EDT 

Grand City Properties SA : FFO I in 2016 amounted to 160 million euros, up 25 pct from 2015 . Net profit increased by 66 pct amounting to 653 million euros in 2016; earnings per share at 3.56 euros, an increase of 31 pct . Increased dividend payout ratio to 65 pct of FFO I per share starting from 2016 dividend results in 0.68 euros dividend per share, up 172 pct from last year's dividend . Rental and operating income at 436 million euros for FY 2016, up 31 pct from 2015 . FY EBITDA increased by 69 pct to 825 million euros in 2016 .FY adjusted EBITDA for 2016 at 225 million euros, an increase of 27 pct to 2015.  Full Article

BRIEF-Grand City Properties 9-mth FFO I increased to EUR 130 mln

* 9-MONTH ‍ADJUSTED EBITDA OF EUR 183 MILLION FROM EUR 165 MILLION IN 9M 2016​