Grand City Properties S.A. Logo

Grand City Properties S.A.

ISIN: LU0775917882 | Ticker: GYC | LEI: 5299002QLUYKK2WBMB18
Country: Germany

About Grand City Properties S.A.

Company Description

Grand City Properties is a specialist in residential real estate, investing in value-add opportunities in densely populated areas predominantly in Germany. The Group’s portfolio is focused on North Rhine-Westphalia, Germany’s most populous federal state, Berlin, Germany’s capital and Grand City’s single largest city in the portfolio, the fast growing metropolitan regions of Dresden, Leipzig and Halle, and the largest cities in the north of Germany, Bremen, Hamburg and Hannover as well as other major urban centers such as Nuremberg, Munch, Mannheim, Frankfurt and London.

Year founded


Served area



37, Boulevard Joseph II, 1840 Luxembourg – Germany

Financial statements

Download as Excel
Line item in (eur) 01.01.2021 01.01.2022 01.01.2023
Assets N/A 11,561,992,000.00 11,131,328,000.00
Noncurrent Assets N/A 9,882,834,000.00 9,997,258,000.00
Property Plant And Equipment N/A 55,626,000.00 66,206,000.00
Investment Property N/A 9,339,489,000.00 9,529,608,000.00
Noncurrent Prepayments N/A 24,255,000.00 20,760,000.00
Deferred Tax Assets N/A 51,412,000.00 53,774,000.00
Noncurrent Derivative Financial Assets N/A 37,504,000.00 53,814,000.00
Other Noncurrent Assets N/A 359,831,000.00 262,094,000.00
Current Assets N/A 1,679,158,000.00 1,134,070,000.00
Trade And Other Current Receivables N/A 452,048,000.00 353,125,000.00
Cash and cash equivalents 1,412,199,000.00 895,486,000.00 324,935,000.00
Noncurrent Assets Or Disposal Groups Classified As Held For Sale Or As Held For Distribution To Owners N/A 113,582,000.00 344,191,000.00
Current Derivative Financial Assets N/A 6,129,000.00 9,390,000.00
Equity And Liabilities N/A 11,561,992,000.00 11,131,328,000.00
Equity 5,554,928,000.00 5,802,586,000.00 5,914,155,000.00
Issued Capital N/A 17,619,000.00 17,619,000.00
Retained Earnings N/A 3,782,053,000.00 3,828,417,000.00
Treasury Shares N/A 248,009,000.00 83,872,000.00
Equity Attributable To Owners Of Parent N/A 3,960,034,000.00 4,020,773,000.00
Noncontrolling Interests N/A 614,809,000.00 665,639,000.00
Liabilities N/A 5,759,406,000.00 5,217,173,000.00
Noncurrent Liabilities N/A 4,986,360,000.00 4,908,442,000.00
Deferred Tax Liabilities N/A 760,472,000.00 788,605,000.00
Noncurrent Derivative Financial Liabilities N/A 76,200,000.00 37,092,000.00
Other Noncurrent Liabilities N/A 154,330,000.00 151,868,000.00
Noncurrent Portion Of Noncurrent Secured Bank Loans Received N/A 353,073,000.00 318,772,000.00
Current Liabilities N/A 773,046,000.00 308,731,000.00
Other Shortterm Provisions N/A 39,778,000.00 32,102,000.00
Trade And Other Current Payables N/A 215,757,000.00 225,338,000.00
Current Tax Liabilities Current N/A 18,541,000.00 17,493,000.00
Liabilities Included In Disposal Groups Classified As Held For Sale N/A 13,508,000.00 16,345,000.00
Current Derivative Financial Liabilities N/A 30,691,000.00 12,945,000.00
Line item in (eur) 01.01.2021/
Revenue 524,629,000.00 582,505,000.00
Depreciation And Amortisation Expense 8,235,000.00 10,488,000.00
Profit Loss From Operating Activities 985,988,000.00 412,802,000.00
Share Of Profit Loss Of Associates And Joint Ventures Accounted For Using Equity Method 3,952,000.00 0.00
Profit Loss Before Tax 790,898,000.00 228,755,000.00
Profit (loss) 617,089,000.00 179,103,000.00
Profit Loss Attributable To Owners Of Parent 523,522,000.00 129,214,000.00
Profit Loss Attributable To Noncontrolling Interests 68,525,000.00 25,139,000.00
Line item in (eur) 01.01.2021 01.01.2022 01.01.2023
Profit (loss) N/A 617,089,000.00 179,103,000.00
Adjustments For Depreciation And Amortisation Expense N/A 8,235,000.00 10,488,000.00
Adjustments For Sharebased Payments N/A 3,162,000.00 2,571,000.00
Cash Flows From Used In Operations N/A 253,759,000.00 246,968,000.00
Income Taxes Paid Refund Classified As Operating Activities N/A -36,699,000.00 -30,853,000.00
Cash Flows From Used In Operating Activities N/A 217,060,000.00 216,115,000.00
Cash Flows From Losing Control Of Subsidiaries Or Other Businesses Classified As Investing Activities N/A 342,802,000.00 0.00
Cash Flows Used In Obtaining Control Of Subsidiaries Or Other Businesses Classified As Investing Activities N/A 9,388,000.00 3,667,000.00
Cash Flows From Used In Investing Activities N/A -198,455,000.00 -167,689,000.00
Payments To Acquire Or Redeem Entitys Shares N/A 271,781,000.00 0.00
Repayments Of Borrowings Classified As Financing Activities N/A 4,328,000.00 3,766,000.00
Dividends Paid Classified As Financing Activities N/A 53,720,000.00 56,340,000.00
Cash Flows From Used In Financing Activities N/A -537,187,000.00 -616,755,000.00
Increase (decrease) in cash and cash equivalents before effect of exchange rate changes N/A -518,582,000.00 -568,329,000.00
Effect Of Exchange Rate Changes On Cash And Cash Equivalents N/A 2,085,000.00 -1,064,000.00
Cash and cash equivalents 1,412,199,000.00 895,486,000.00 324,935,000.00

Please note that some sums might not add up.

Filings & Publications


Consolidated Report
Corporate Governance Report
Company Presentation
Sustainability Report
Remuneration Report

Insider Trades

Sign up and we will give you access!

Capital markets information






Real Estate

Industry Group

Real Estate Management & Development


Real Estate Management & Development


Diversified Real Estate Activities

Listed Stock Exchange

Frankfurt Stock Exchange

Stock Index


Contact Investor Relations department

Stay up to date

Keep yourself informed with the most recent updates on FinancialReports, IPOs, product advancements, and other significant news.