Phoenix Spree Deutschland Ltd Ord

Phoenix Spree Deutschland Ltd Ord
PMM Partners (UK) Ltd
Closed Ended Investment Company
Property Direct - Europe
2.76 %
3 Year Sharpe
1.6 %
Fund Size
£ 304.52 million
Discount Premium
The company intends to invest in German real estate with a strong focus on the residential market, particularly multi-apartment rental properties. It is expected that residential property will represent a minimum of 75% of the lettable space within the portfolio. The objective is to generate an attractive return for shareholders through the acquisition and active management of high quality pre-let properties in Germany. The Group is primarily invested in the residential market, supplemented with selective investments in commercial property. The majority of commercial property within the portfolio is located within residential and mixed-use properties.
Holding %
Investment Properties 98.17 %
PMM Partners (UK) Ltd
W1J 0DT, London, United Kingdom
Legal Structure
Closed Ended Investment Company


Jorg Schwagenscheidt
Joined 09/16/2015

Jörg has more than 30 years of relevant industry experience and joins from GSW Immobilien AG ("GSW"), Berlin's largest residential property company, where he was Co-CEO until early 2014. In that role, he was responsible for the asset and property management of a portfolio of more than 65,000 units, as well as taking the lead on acquisitions and disposals. He was integral to the IPO of GSW in 2011 and its subsequent combination with Deutsche Wohnen AG, an MDAX 50 company, in 2013. During his eight years at GSW, Jörg oversaw the growth of the business, including a number capital raisings and the acquisition of more than 15,000 residential units.

Michael Hilton
Joined 06/15/2015
Matthew Northover
Joined 06/15/2015
Paul Ruddle
Joined 06/15/2015

Data provided by Morningstar.

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