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LUXEMBOURG – Grand City Properties S.A. has announced the postponement of its audited financial statements’ publication, which was originally scheduled for March 12, to March 17, 2025. The company stated that the delay is to allow for the completion of the audit process.
The Board of Directors communicated the rescheduling decision today, emphasizing that the preliminary financial information for the fiscal year 2024 will be released shortly. The Luxembourg-based real estate company has not provided further details on the reasons for the delay or the potential implications for investors and the market.
Grand City Properties is known for its portfolio of properties focused on densely populated areas across Germany. Its business activities span the acquisition, refurbishment, repositioning, and management of residential properties.
Investors and stakeholders are advised to await the forthcoming preliminary financial information for insight into the company’s performance in the previous year. This announcement is based on a press release statement from Grand City Properties S.A. and contains no forward-looking statements or subjective assessments from the company or persons acting in conjunction with it.
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