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Writer's pictureAdam Strydom

£200m Aston Martin Branded Residence Unveiled

DarGlobal’s latest luxury branded residential project, its first with Aston Martin, fits well with its strategy and follows its other recent announcements including its initiative in the Maldives with Dolce & Gabbana and its geographical expansion into Saudi Arabia. Edison Group anticipate that Dar Global will generate a return on equity in the mid-to-high teens across its portfolio in the medium term and, thus, continues to value the company on a multiple of shareholders’ funds basis at c US$930m (US$5.17 per share), implying c 40% upside. Edison’s forecasts are unchanged but believe this new project implies that risks are to the upside.

19 June 2024




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