Added to YB: 2024-10-24
Pitch date: 2024-09-30
AEDAS.MC [bullish]
Aedas Homes, S.A.
+0.31%
current return
Author Info
No bio for this author
Company Info
Aedas Homes, S.A. engages in the development of residential properties in Spain. The company focuses on single-family homes; provides real estate services; and decoration and interior design services, as well as develop turnkey build-to-rent properties.
Market Cap
EUR 1.0B
Pitch Price
EUR 22.48
Price Target
N/A
Dividend
13.67%
EV/EBITDA
11.50
P/E
16.58
EV/Sales
1.46
Sector
Real Estate Management and Development
Category
special_situation
Third Avenue International Real Estate Value Fund Portfolio Holding: Aedas Homes, S.A.
AEDAS.MC: Spanish homebuilder, potential resource conversion. Controlling PE stake (Castlelake) may exit via privatization, merger, or secondary offering. All scenarios positive for shares. Limited institutional ownership due to concentrated shareholder base. Cinco Dias reports on Fund's investment as potential catalyst.
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