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Phoenix Spree Deutschland with robust results despite headwinds

Phoenix Spree Deutschland has generated a 3.9% NAV total return in H1 2020. EPRA NAV was €5.06 per share at 30 June 2020 (31 December 2019: €4.92). NAV performance has been driven by a 2.6% like-for-like revaluation gain in the period. The valuation uplift is a result of modest yield…[…]