Aroundtown Launches Acquisition Offer and Updates Dividend Policy

Aroundtown SA has announced a voluntary public acquisition offer for up to 47,451,773 shares of Grand City Properties S.A. The offer, structured as an exchange offer, allows shareholders of Grand City Properties to receive four existing treasury shares of Aroundtown for each tendered share. This initiative does not fall under the German Securities Acquisition and Takeover Act or the Luxembourg Takeover Act. The acquisition is capped at a maximum holding of 89.5% of Grand City Properties' share capital.

Additionally, Aroundtown has published its consolidated financial report for 2025 earlier than announced. The company plans to propose a dividend of EUR 0.08 per share for 2025 at the upcoming annual general meeting. This marks the first dividend proposal from the board since 2021. From 2026 onwards, Aroundtown intends to update its dividend policy to 50% of FFO 1 per share.