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GWK3

53 EUR
2
3.92%
Last update Jul 15, 2:09 PM CEST
Main market
Day range
52
53
Previous close
51
Open
52
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GAG Immobilien AG Preferred Stock
53.00
2
3.92%

Overview

Description

GAG Immobilien AG Preferred Stock represents a class of equity in the German real estate company GAG Immobilien AG, which specializes in the development, management, and leasing of residential properties. Held by investors seeking participation in the real estate market, this preferred stock provides certain privileges over common stock, such as priority in dividend distribution and asset liquidation rights. GAG Immobilien AG plays a critical role in the housing sector, primarily focusing on urban residential projects that address accommodation needs in densely populated regions of Germany. The company's operations directly influence local property markets, affecting rental prices and availability. Preferred stocks like these provide a steady income stream, backed by the company's substantial real estate portfolio, while typically lacking voting rights. GAG Immobilien's strategic initiatives in sustainable building practices and community-centric urban planning underscore its commitment to balancing shareholder returns with social responsibility. As a result, the preferred stock is a key player in enhancing the company's capital structure, enabling GAG Immobilien to fund its extensive property endeavors and maintain its position as a pivotal entity in the German real estate industry.

About

CEO
Employees
477
Address
Strasse des 17. Juni 4
Cologne, 51103
Phone
49 221 2011 0
Website
Instrument type
Common stock
Sector
Real Estate
Industry
Real Estate Services
Country
Germany
MIC code
XHAM
Main market

Exchange is currently active.
Closing in 9 hours 4 minutes

10:55
00:00
08:00
20:00
23:59

Trading Hours (Monday - Friday):

Main market
08:00 - 20:00
All times are displayed in the Europe/Berlin timezone (CEST, UTC+02:00).