ADVFN Logo ADVFN

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for discussion Register to chat with like-minded investors on our interactive forums.

DDE Develica

0.011
0.00 (0.00%)
10 May 2024 - Closed
Delayed by 15 minutes
Develica Investors - DDE

Develica Investors - DDE

Share Name Share Symbol Market Stock Type
Develica DDE London Ordinary Share
  Price Change Price Change % Share Price Last Trade
0.00 0.00% 0.011 01:00:00
Open Price Low Price High Price Close Price Previous Close
0.011 0.011
more quote information »

Top Investor Posts

Top Posts
Posted at 15/4/2010 10:46 by roomove
Hi guys. Ive held a small amount here for a while, not felt the need to post for some time as there has been nothing to say or anyone to talk to!! However as we have some reasond depate about other shares (something Im always happy to hear so long as its not ridiculous ramping) Ill throw a tiddler into the hat for you. Have a look at JSJS. Its not a property share so you may not be interested, they specialise in home automation devices. The chart looks awful but there has been a seller who I think is now clear. The future prospects could be very good but there is a lack of news available. What we do know is they have a $2.3m contract with Siemens starting in June and have just had an investor fund them 300k at 50% above the current price. It does seem a little illiquid though, over 200m shares in issue but there does not appear a massive amount in free float. Worth a look imho.
Posted at 11/2/2010 08:19 by pre
..interesting apppointment...turnaround expert i wonder, bodes well:

Manager appoints new managing director


TIDMDDE

RNS Number : 4477G
Develica Deutschland Ltd
01 February 2010

?

FOR IMMEDIATE RELEASE
1 February 2010
DEVELICA DEUTSCHLAND MANAGEMENT LIMITED APPOINTS MANAGING DIRECTOR

Develica Deutschland Limited ("DDL"), the AIM listed German property investor,
today announces that its fund manager, Develica Deutschland Management Limited
("DDM"), has appointed Lars Luecking as Managing Director with effect from 1
February 2010.

Lars joins DDM from Citi Global Markets and Hypo Real Estate (formerly
HypoVereinsbank) where he spent 10 years collectively in senior roles. Prior to
those roles he worked for several years in corporate finance with KPMG in
Frankfurt.

Grant Tromans, a director of both DDL and DDM, said on behalf of DDM:
"DDM welcome the appointment of Lars Luecking as Managing Director and look
forward to the benefits his extensive experience in European real estate will
bring.

Lars has a wealth of experience in European real estate, especially in asset
management, debt restructuring and valuation. He has the ideal skill set to
oversee the day-to-day running of DDM and ensure that the fund manager is in a
position to take full advantage of the anticipated upturn in the German economy
and the consequent revival in the German real estate market."

Derek Butler, Chairman of DDL, said "DDL also welcomes the further strengthening
of the DDM team and the additional skills and experience this appointment will
bring".

Ends.

Contact:
Baron Phillips, Baron Phillips Associates. Tel: 020 7920
3161
Philip Secrett, Grant Thornton Corporate Finance Tel: 020 7728 2578


This information is provided by RNS
The company news service from the London Stock Exchange
END

MSCUGUQWPUPUGGG
Posted at 26/3/2007 13:27 by wonder boy
If by better value you mean higher yields then I can't argue there. I'm in Berlin because that's where I see most capital growth potential. Rent/income is lower in Berlin than any other City in the developed world (including Leipzig et al). This will correct over time but the presence of "aggressive" foreign private equity type investors can only accelerate the process. Many people believe London leads and the rest of the UK property market follows. I think the same could be true of Berlin-Germany.
Posted at 28/1/2007 16:28 by davebowler
Mick Gilligan of Killik, the stockbroker, reckons the arrival of Reits is positive on the whole, but he is not interested in British Reits at the moment – he says property overseas, in countries such as Germany, offers more value. He recommends two offshore investment funds: Invista European Real Estate Trust and Develica Deutschland, although he warns sterling investors to be mindful of the currency risks.

"The yield differential between UK property income funds and government bonds has narrowed significantly in recent years. The average yield on a UK property income fund is currently 5 per cent, compared with a 10-year gilt yield of 4.7 per cent. Two years ago the differential was 1.0 per cent, compared with the current level of 0.3 per cent. This lack of value is leading investors to look further afield for their real estate income," says Gilligan.

"In Germany the 10-year government bond yield is currently around 4.1 per cent, with commercial property yields typically ranging between 5 per cent and 6 per cent. Healthy rental growth is expected in Munich and Hamburg."

Your Recent History

Delayed Upgrade Clock