First Berlin reiterates Buy on Grand City Properties, keeps target at EUR 14.8

• First Berlin Equity Research reiterated a Buy rating on Grand City Properties in a research update dated Aug. 13, 2026.
• Price target kept at EUR 14.8, implying 55% upside.
• Report flagged steady Q2 operations, like-for-like rental growth of 3.3%, easing vacancies, positive valuations.
• Focus shifted to more active capital recycling into higher-yielding assets, with the main near-term drag tied to financing costs.
• Analyst Ellis Acklin said the next test is whether the strategy restores FFOPS growth, narrowing the valuation gap.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Grand City Properties SA published the original content used to generate this news brief via EQS News (Ref. ID: rc_26508) on August 13, 2026, and is solely responsible for the information contained therein.