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Summit Properties Ltd
Company Name:Summit Properties Ltd Minimum fundraise:£0.00* High Share Price Bid:£1.00
Business Sector:Real estate Total Funds Bid to Date:- Low Share Price Bid:£0.45
Auction period:01 May 2024 - 30 Jul 2024 Indicative Share Price:0.00 Average Share Price Bid:£0.69**
*The company will accept oversubscription.
**In the event of significant oversubscription, shares will be allocated to bids at the average price and above.

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+44 (0) 207 248 2788


Summit Properties Ltd

The next auction will close at 3pm on the 30th July 2024. An order book will appear here when orders have been received.

In the auction that closed on 30th April 2024, no shares traded. The highest bid was 41 pence per share.

Please direct any enquiries to

or Tel: +44 (0)20 7248 2788.

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Company info

Summit Properties Ltd is a German commercial real estate company incorporated in Guernsey, with portfolio of commercial properties located mainly in Germany’s key commercial centres. The Company invests primarily in office, industrial and other commercial properties throughout Germany, which provide income by way of lettings to commercial, governmental/public sector and industrial tenants.

Auction details

Summit Properties Ltd was admitted to trading on Asset Match on 17th March 2020 at a price of 55 pence per share (€0.60)*.

Auctions are intended to be held quarterley and close on the last Tuesday of each month (unless stated otherwise).

The tick size for this company is 1 pence per share.

Participants can send orders via their existing broker or directly to shareDeal active. Further details can be found by clicking on the "Auction instructions" section below.

*Currency exchange using Google 16/03/2020

Price history (last 10 auctions)

NB: Data from 24 May & 21 June 2023 is from an off-market / out-of-auction trade.


Price history (all auctions)

NB: Data from 24 May & 21 June 2023 is from an off-market / out-of-auction trade.


Auction instructions

To buy and sell shares in this company via Asset Match Private Market, you will need to use a stockbroker.

           -  shareDeal active

If you are a UK resident, our main broker and settlement agent for all CREST eligible companies on the AM Private Market is shareDeal active.

shareDeal active provide a competitively priced service for both certified and non-certified transactions. You can open an account online or by post using the form provided.

Alternatively, if you already have an account with shareDeal active and wish to place an order please contact the Dealing desk directly on 01892 510515 or deal online.

To sell a share certificate, the easiest way to trade is to set up a shareDeal active account online and once open post your share certificate with a completed CREST transfer form. Alternatively, you can open an account by post using the Asset Match Certificated Sale Pack which includes everything you will need.

It generally takes 5-7 days for your account to be open and shares available for trading.

           -  Already have a stockbroker

Over 60 UK brokers regularly trade and are set up to deal on our platform. These brokers can submit your instructions to shareDeal active on your behalf*.

Please note that not all brokers are able to deal in unquoted shares so contact us to confirm whether your broker is able to trade.

           -  Overseas

If you are based overseas and are interested in participating then please contact us directly by emailing or by calling 020 7248 2788.

​​When buying and selling shares, please note that the Asset Match levy of 3% applies, with a minimum charge of £20 per trade (*additional fees may apply).

For more information on how the auction works then please click here.

Key People


Zohar Levy Managing Director

Zohar Levy, a CPA, is the controlling shareholder and chairman of the board of the Summit Group, a group of companies which specialises in investing in office, industrial and commercial properties in Israel and Germany, and in developing, improving and managing such properties. Zohar Levy acquired control of the Summit Group in early 2003 and has since developed its business significantly through debt restructuring, the improvement of its properties by way of lease negotiations and renovations, and the acquisition of numerous office, commercial and industrial properties throughout Israel and Germany. Prior to his involvement with Summit, Zohar Levy served for a decade as the Chief Financial Officer of the Engel group of real estate companies, which specialises in the development of residential properties and the acquisition and management of commercial properties in Europe and North America.


Itay Barlev Finance Director

Itay Barlev, CPA, joined Summit Group in 2014 as the Finance Director of the Company. Itay has years of experience in reporting and budgeting, purchase and sale of real estate, internal control procedures and bank relations as well as various financial affairs of real estate portfolios. Until October 2014, he was the director of the Fishman Holdings Germany GmbH in Berlin for eight years. Previously he served as financial advisor in KPMG. Itay has a B.A. in Economics and Accounting (CPA) and M.A. in Legal Studies. He is a resident of Germany.


Quentin Spicer Independent Non-Executive Director

Quentin Spicer is resident in Guernsey. He qualified as a solicitor with Wedlake Bell in 1968 and became a partner in 1970 and became head of the Property Department. He moved to Guernsey in 1996 to become senior partner in Wedlake Bell Guernsey specialising in United Kingdom property transactions and secured lending for UK and non-UK tax resident entities. He is Chairman of a number of Companies including F&C UK Real Estate Investments Limited, Quintain Guernsey Limited and the Guernsey Housing Association LBG. He is also a non-executive director of several other property funds including Phoenix Spree Deutschland Limited. He was formerly a director of the Company when it was admitted to trading on AIM in 2006 until it was de-listed. He is a member of the Institute of Directors.


Chris Le Page Independent Non-Executive Director

Chris Le Page is resident in Guernsey and has worked in the Corporate and fund administration arena for over 30 years, with a wide-ranging knowledge of Governance practices, lending and hedging products and in relation to the operation of corporate structures which include regulated investment fund structures, listed companies, real estate, trading companies, and a wide variety of asset holding structures. He has also gained considerable experience in working with companies and funds listed on exchanges including the London Stock Exchange (main market and AIM), Irish stock exchange, The International Stock Exchange and Luxembourg. Chris currently acts on the boards of a number of private and regulated structures. He holds the Diploma in Company Direction.

Selwyn Jones Independent Non-Executive Director

Selwyn Jones is a resident of the UK. He started his stockbroking and investment banking career in 1976 at the Government stockbroking firm Mullens and Company and specialised for over 40 years in the UK and pan European Real Estate sector as an Investment Analyst and equity Salesperson. He also worked for Rowe & Pitman / Warburg Securities following their merger with Mullens in 1984, and has also worked at Laing & Cruickshank, Collins Stewart and most recently Cenkos Securities. He retired from Cenkos in December 2021. He was appointed a non-executive director of the company in December 2021.