Grand City‘s operations are researched by leading real estate market analysts, who conduct independent equity research and provide target price recommendations.
                            
                                                                                
                                        UBS
                                        
                                                
                                                        
                                                        
                                                                                                                                | Analyst | Recommendation | Target | Date | Pdf | 
                                                        
                                                        
                                                        
                                                                                                                                | Charles Boissier / Nadir Rahman | neutral | 11 € | 13.08.2025 |  | 
                                                        
                                                
                                         
                                 
                                                                                                
                                        Bank of America Securities
                                        
                                                
                                                        
                                                        
                                                                                                                                | Analyst | Recommendation | Target | Date | Pdf | 
                                                        
                                                        
                                                        
                                                                                                                                | Marc Mozzi | underperform | 11.5 € | 14.01.2025 |  | 
                                                        
                                                
                                         
                                 
                                                                                                
                                        Goldman Sachs
                                        
                                                
                                                        
                                                        
                                                                                                                                | Analyst | Recommendation | Target | Date | Pdf | 
                                                        
                                                        
                                                        
                                                                                                                                | Jonathan Kownator | buy | 13 € | 18.08.2025 |  | 
                                                        
                                                
                                         
                                 
                                                                                                
                                        Citigroup
                                        
                                                
                                                        
                                                        
                                                                                                                                | Analyst | Recommendation | Target | Date | Pdf | 
                                                        
                                                        
                                                        
                                                                                                                                | Aakanksha Anand | buy | 20 € | 13.08.2025 |  | 
                                                        
                                                
                                         
                                 
                                                                                                
                                        Deutsche Bank
                                        
                                                
                                                        
                                                        
                                                                                                                                | Analyst | Recommendation | Target | Date | Pdf | 
                                                        
                                                        
                                                        
                                                                                                                                | Thomas Rothausler | hold | 11 € | 13.08.2025 |  | 
                                                        
                                                
                                         
                                 
                                                                                                
                                        Bernstein (Societe Generale)
                                        
                                                
                                                        
                                                        
                                                                                                                                | Analyst | Recommendation | Target | Date | Pdf | 
                                                        
                                                        
                                                        
                                                                                                                                | Marios Pastou / Valerie Jacob | neutral | 12.5 € | 18.09.2025 |  | 
                                                        
                                                
                                         
                                 
                                                                                                
                                        Kepler Cheuvreux
                                        
                                                
                                                        
                                                        
                                                                                                                                | Analyst | Recommendation | Target | Date | Pdf | 
                                                        
                                                        
                                                        
                                                                                                                                | Thomas Neuhold | buy | 17.7 € | 13.08.2025 |  | 
                                                        
                                                
                                         
                                 
                                                                                                
                                        Berenberg
                                        
                                                
                                                        
                                                        
                                                                                                                                | Analyst | Recommendation | Target | Date | Pdf | 
                                                        
                                                        
                                                        
                                                                                                                                | Kai Klose | buy | 15 € | 21.08.2025 |  | 
                                                        
                                                
                                         
                                 
                                                                                                
                                        DZ Bank AG
                                        
                                                
                                                        
                                                        
                                                                                                                                | Analyst | Recommendation | Target | Date | Pdf | 
                                                        
                                                        
                                                        
                                                                                                                                | Karsten Oblinger | buy | 14.4 € | 13.08.2025 |  | 
                                                        
                                                
                                         
                                 
                                                                                                
                                        Oddo BHF
                                        
                                                
                                                        
                                                        
                                                                                                                                | Analyst | Recommendation | Target | Date | Pdf | 
                                                        
                                                        
                                                        
                                                                                                                                | Manuel Martin | neutral | 10.5 € | 13.08.2025 |  | 
                                                        
                                                
                                         
                                 
                                                                                                
                                        Kempen
                                        
                                                
                                                        
                                                        
                                                                                                                                | Analyst | Recommendation | Target | Date | Pdf | 
                                                        
                                                        
                                                        
                                                                                                                                | John Vuong | neutral | 12.5 € | 13.08.2025 |  | 
                                                        
                                                
                                         
                                 
                                                                                                
                                        First Berlin
                                        
                                                
                                                        
                                                        
                                                                                                                                | Analyst | Recommendation | Target | Date | Pdf | 
                                                        
                                                        
                                                        
                                                                                                                                | Ellis Acklin | buy | 14.2 € | 15.05.2025 |  | 
                                                        
                                                
                                         
                                 
                                                                                                
                                        Barclays
                                        
                                                
                                                        
                                                        
                                                                                                                                | Analyst | Recommendation | Target | Date | Pdf | 
                                                        
                                                        
                                                        
                                                                                                                                | Paul May | underweight | 10 € | 03.04.2025 |  | 
                                                        
                                                
                                         
                                 
                                                                                                
                                        Jefferies
                                        
                                                
                                                        
                                                        
                                                                                                                                | Analyst | Recommendation | Target | Date | Pdf | 
                                                        
                                                        
                                                        
                                                                                                                                | Stephanie Dossmann / Pierre-Emmanuel Clouard | hold | 12 € | 13.08.2025 |  | 
                                                        
                                                
                                         
                                 
                                                                                                
                                        Green Street
                                        
                                                
                                                        
                                                        
                                                                                                                                | Analyst | Recommendation | Target | Date | Pdf | 
                                                        
                                                        
                                                        
                                                                                                                                | Adam Shapton / Alexander Totomanov | hold |  | 02.06.2025 |  |