Deutsche Grundstücksauktionen

DB: DGR

€25.6m market cap

€15.9 last close

Deutsche Grundstücksauktionen (DGA) is market leader in the auctioning of properties in Germany. The company was founded in Berlin in 1984.

Investment summary

Deutsche Grundstücksauktionen (DGA) posted robust H119 results (albeit somewhat below the strong H118 levels), despite lower transaction volumes in the broader German real estate market. We believe that buoyant investment demand, fuelled by the persistent low interest rate environment, which limits the selection of attractive investment alternatives, should support future performance. DGA continues with its generous dividend policy and recently paid a dividend of €1.00 per share.

Share price graph
Price performance
%
1m
3m
12m
Actual (0.6) (2.4) (6.4)
Relative* (5.0) (13.6) (20.4)
52-week high/low €18.3/€15.7
*% relative to local index
Key management
Stefan Powels Corporate Communications