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XETRA · Real Estate

Invest in CORESTATE Capital stock from India

Indian and foreign residents can buy CORESTATE Capital (CCAP) shares directly through Paasa.

By Paasa · Updated

CORESTATE Capital at a glance

Price
€0.20-€0.00 (0.51%)
Market cap
€32.48M
Day range
€0.18 – €0.21
P/E
-0.01
Dividend yield
None
Volume
35.63K
1 month
-16.09%
6 months
-19.88%
YTD
-21.17%
1 year
-43.33%
5 years
-98.33%

Live chart and statistics

CORESTATE Capital statements, FY2018–FY2022

Fiscal year20222021202020192018
Revenue€62.5M€221.2M€180.7M€250.9M€204.4M
Gross profit€62.5M€68.2M€51.8M€136.6M€113.7M
Operating income−€714.6M−€25.6M−€5.4M€157.5M€93.6M
Net income−€714.6M−€201.1M−€68.9M€108.5M€104.6M
Earnings per share−€21.10−€6.52−€3.03€5.11€4.91
EBITDA−€714.6M€14.0M€23.6M€188.6M€133.8M
Total assets€650.4M€1.4B€1.5B€1.4B€1.4B
Total debt€597.9M€580.2M€622.2M€610.5M€603.3M
Cash and short-term investments€55.9M€88.8M€87.8M€106.4M€194.5M
Shareholders' equity−€92.5M€623.2M€685.8M€673.4M€622.2M
Operating cash flow€0.0€31.0M−€60.1M€78.1M€251.3M
Free cash flow€0.0€30.1M−€66.6M€61.5M€241.2M
Capital expenditure€0.0−€900.0K−€6.5M−€16.6M−€10.1M

Fiscal years as reported, the latest ending 31 Dec 2022. Figures in EUR; a dash means the provider reported nothing for that line.

Peer comparison

CompanyTickerPriceMarket cap
FCR ImmobilienFC9.DE€10.30€101.67M
DEMIRE Deutsche Mittelstand Real EstateDMRE.DE€0.36€38.41M
SM WirtschaftsberatungsSMWN.DE€4.56€17.89M
AdlerADJ.DE€0.10€15.16M
RCM BeteiligungsRCMN.DE€1.14€14.64M
Zensun EnterprisesOVZ1.F€0.01€11.48M
Deutsche GrundstücksauktionenDGR.DE€4.26€6.82M
ERWE ImmobilienERWE.DE€0.23€5.55M

Peers as grouped by the data provider. This is not an investment recommendation.

How to invest in CORESTATE Capital from India

  1. Step 1

    Open your Paasa account

    KYC takes a few minutes: PAN, Aadhaar and address proof. Your brokerage account is opened in your own name with Interactive Brokers.

  2. Step 2

    Add funds from your Indian bank account

    Remit up to $250,000 a year under the RBI's Liberalised Remittance Scheme. Your bank converts the rupees to US dollars at its rate on the day you remit, and Interactive Brokers converts the dollars to EUR when you buy.

  3. Step 3

    Search CCAP and buy

    Find CORESTATE Capital by name or by its ticker, CCAP, and place your order.

Why invest in CORESTATE Capital from India

What CORESTATE Capital does

CORESTATE Capital Holding S.A. operates as a real estate investment firm, primarily concentrating on acquiring small to mid-sized residential property portfolios and commercial real estate assets. The company adopts an "anti-cyclical" investment strategy across Europe, broadening its collaborative (club-style) deals from purely opportunistic ventures to include core-plus and value-add approaches. CORESTATE Capital operates in the Real Estate - Services industry within the Real Estate sector.

Paasa handles the paperwork

Investing abroad brings paperwork with it: remittance filings, capital gains reporting, foreign asset disclosure. Paasa prepares all of it for you. Your India-ready tax reports arrive at year end, ready to file.

Frequently asked questions

Can I buy CORESTATE Capital stock from India?

Yes. Indian residents and NRIs can buy CORESTATE Capital (CCAP) shares directly through Paasa. CORESTATE Capital is listed on XETRA, in the Real Estate - Services industry. Your money leaves India under the RBI's Liberalised Remittance Scheme and the shares are held in your own name at Interactive Brokers.

How are CORESTATE Capital dividends taxed for Indian investors?

CORESTATE Capital trades on XETRA but is domiciled in Luxembourg, so any withholding on its dividends follows that country's rules rather than those of Germany. Dividends are taxed at your slab rate in India. Paasa's dividend report shows the gross amount and any tax withheld for each payment.

What tax do I pay in India when I sell CORESTATE Capital shares?

In India, gains on shares held for more than 24 months are long-term and taxed at 12.5%, and gains on shares held for 24 months or less are short-term and taxed at your income-tax slab rate. Both are worked out in rupees at the EUR/INR rate on the day you bought and the day you sold, so the currency move is part of the gain. Paasa's capital-gains statement gives you the figures for your return.

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