Report
Manuel Martin, CEFA,CREA

Corestate Capital Holding S.A. : Confident CMD with deeper insights in the net debt reduction plan - no M&A activities planned while deleveraging

>Corestate held its annual CMD - Last week, Corestate held its annual capital markets day. It elaborated on i) a market update and its targeted shift to product focus core/core+, ii) its intended net debt reduction and de-leveraging, iii) its governance and management board and iv) a first indicative outlook on 2021.Investors are still risk averse - Investors are still risk-averse preferring investments with low risk/return profiles (core and core+ pr...
Underlying
CORESTATE Capital Holding SA

Corestate Capital holding is a holding company. With its group companies, Co. offers a range of real estate investment management services, such as investment, fund, asset, property and facility management. Co.'s product offering primarily covers residential, commercial and microliving assets (including developments) and addresses all risk/return profiles, i.e. from core/core plus to value add/opportunisitc. Clients include semi-institutional investors (HNWIs and family offices) as well as institutional investors. Co.'s key market is Germany. Additional activities focus on other European countries such as Austria and Spain as well as the Benelux countries.

Provider
Oddo BHF
Oddo BHF

​Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.

Analysts
Manuel Martin, CEFA,CREA

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