Grand City reports 33% increase in German residential portfolio in 2017

By a staff reporter 2018-03-19T00:00:00

Grand City Properties (GCP) has reported a 13% increase in operating profit to €495 mln last year, from €436 mln in 2016. The German residential landlord's portfolio was valued at €6.4 bn at end-2017, marking an increase of 33% during the 12-month period.

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