The Grounds closes the first half-year of 2024 with a loss, and confirms the revised annual forecast Consolidated sales revenues decline to EUR 8.7 million (First half / 2023: EUR 16.2 million) Group EBIT of EUR -4.3 million following EUR 0.4 million in the first half of 2023 Consolidated balance sheet total reduced by around EUR 8.1 million to  [ … ]

Shareholders of The Grounds Approve Capital Increase with a Clear Majority Capital increase by up to EUR 53.4 million after prior capital reduction at a ratio of 2:1 Major milestone reached in the implementation of the announced potential partnership with H.I.G. Capital Berlin, 20 September 2024 – The shareholders of The Grounds Real Estate Devel [ … ]

Shareholders of The Grounds Approve Capital Increase with a Clear Majority Capital increase by up to EUR 53.4 million after prior capital reduction at a ratio of 2:1 Major milestone reached in the implementation of the announced potential partnership with H.I.G. Capital Berlin, 20 September 2024 – The shareholders of The Grounds Real Estate Devel [ … ]

The Grounds ends 2023 with a decline in sales revenues and negative consolidated earnings - positive outlook for financial year 2024 Consolidated sales revenues reduced to EUR 23.9 million (previous year: EUR 36.8 million) Consolidated EBIT declines to EUR -4.8 million (previous year: EUR 3.4 million) Consolidated balance sheet total increases b [ … ]

The Grounds ends 2023 with a decline in sales revenues and negative consolidated earnings - positive outlook for financial year 2024 Consolidated sales revenues reduced to EUR 23.9 million (previous year: EUR 36.8 million) Consolidated EBIT declines to EUR -4.8 million (previous year: EUR 3.4 million) Consolidated balance sheet total increases b [ … ]

The Grounds announces the sale of all residential units in its “Maggie” project in Berlin-Lichtenberg 27 new residential units sold New building in the courtyard area and loft conversion in the portfolio Ongoing residential unit construction projects in Magdeburg also on schedule Berlin, 24 April 2024 –The Grounds Real Estate Development AG (The [ … ]