Aroundtown SA, a well-known real estate company based in Luxembourg, has received a neutral recommendation from UBS. The company specializes in investing in commercial and residential properties that generate income, with a focus on Germany and the Netherlands.
One of Aroundtown SA's notable investments is in Grand City Properties SA, which primarily operates in the German residential real estate market. Grand City Properties owns a diverse portfolio of properties in major cities like Berlin, Munich, and Frankfurt, as well as regions such as North Rhine-Westphalia and Dresden. To enhance its investment capabilities, Grand City Properties has several subsidiaries, including AT Securities BV, ATF Netherlands BV, and Camelbay Ltd.