BRÈVE

sur Aroundtown S.A. (isin : LU1673108939)

Aroundtown SA Increases Stake in German Real Estate Through GCP

On October 20, 2026, Aroundtown SA announced a significant increase in its stake in the German residential real estate market. This development comes through its subsidiary Grand City Properties S.A. (GCP), which has secured a 20.04% shareholding in LEG Immobilien SE.

The Luxembourg-based company supports GCP's strategic financial investment. GCP holds the discretion to increase its stake up to 29.9%, to reduce it swiftly, or to divest completely depending on market conditions. The book value associated with the acquired shares is approximately €1.8 billion. This acquisition is currently trading at a notable discount, allowing Aroundtown the potential to record a substantial one-off, non-cash profit under IFRS.

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