Consus Real Estate AG (“Consus”) is the largest German real estate developer with c.€10bn of property under development. The company is headquartered in Berlin and operates 68 sites across 9 of Germany's top cities.
Consus specialises in large scale real-estate projects, such as the development of entire neighbourhoods (known as ‘quartiers’). Projects are forward sold to institutional buyers such as BNP Paribas, Hannover Leasing and Commerzbank. Forward selling projects provides management & investors with good visibility over the company's future cash flows.
The company operates along the entire real estate development value chain. From acquiring and developing sites to letting and providing other services in connection therewith via its subsidiaries CG Gruppe AG and SSN Group AG.
Equity is traded on the Frankfurt Stock Exchange.
9.625%
8.6%*
6.3%*
15 May 2024
Next Interest Payment
15 May 2020
Interest Period
6 months
XS1843437465
Senior Secured
€450,000,000
Unrated
15 May 2021 at 104.813
15 May 2022 at 102.406
15 May 2023 at 100
Status
Payments on time
* Current Yield and Yield to Maturity are on estimated return calculations and not guaranteed. All yields shown are gross of Taxation and our Service Fee.
Company Legal Name
Industry
Property
Country of Origin
Germany
Year of Incorporation
2008
Ownership Status
Public
* An asterisk next to an item indicates there is additional information available if you hover over it. You can also find a definition of the terms used on this page in our Glossary.
† Capital structure LTM EBITDA of €408m is pro forma for the successfully closed sale of Leipzig developments in July 19.
Source: Public Company information
€112.5
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