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Summit Properties Ltd
Company Name:Summit Properties Ltd Minimum fundraise:£0.00* High Share Price Bid:£0.88
Business Sector:Real estate Total Funds Bid to Date:£1,728.00 Low Share Price Bid:£0.39
Auction period:26 Oct 2022 - 31 Jan 2023 Indicative Share Price:39.00 Average Share Price Bid:£0.59**
*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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Summit Properties Ltd

Summit Properties Ltd

Market Cap: £125,471,725 Auction period: 26 Oct 2022 - 31 Jan 2023 Indicative price: 39.00

Live Started 94 days ago

Current Indicative Price 39.00p

Auction closes in 3 days


BuyersShares Wanted Total Wanted Share Price (p)
1 1,728 1,728 39.00
Share Price (p) Total Offered Shares OfferedSellers
39.00 2,377 2,377 2



Buyers Shares Total Shares Share Price (p) Total Shares Shares Sellers
1 1,728 1,728 39.00 2,377 2,377 2

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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 0.5 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)


Price history (all auctions)


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 a comprehensive list of brokers who are set up to deal on the Asset Match platform, please visit our FAQs.

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

Key People


Harry Abraham Hyman Independent Non-Executive Chairman

Harry Hyman has over twenty years’ experience in fund management and investment in the healthcare and real estate sectors. In 1996 he founded Primary Health Properties PLC, a real estate investment trust listed on the London Stock Exchange with a property portfolio of over £940 million in the primary healthcare sector, and remains a Managing Director to date. From 2008 to 2010, Harry was the Chairman of the Israel-Britain Business Council, a private sector driven body of approximately 60 business leaders in Israel and the UK who serve as high level trade and investment ambassadors for their respective countries. Prior to founding Primary Health Properties PLC, Harry was Finance Director of Baltic from 1983 to 1994 and has been a non-executive director of a number of investment companies, including Royal London UK Income & Equity Trust PLC. Harry graduated from Christ’s College, Cambridge in 1978 with a double first in Geography. He trained at Price Waterhouse as a Trainee Accountant from 1979 to 1983 before qualifying as a Chartered Accountant. He currently holds professional memberships with the Association of Corporate Treasurers, the Corporate Finance Faculty, and is a Fellow of the Institute of Chartered Accountants in England & Wales.


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.


Christopher Spencer Independent Non-Executive Director

Christopher Spencer, a resident of Guernsey, qualified as a chartered accountant in London in 1975. Following two years in Bermuda, he moved to Guernsey. Mr Spencer, who specialised in audit and fiduciary work, was Managing Partner/Director of Pannell Kerr Forster (Guernsey) Limited from 1990 until his retirement in May 2000.
Mr. Spencer is a member of the AIC Offshore Committee, a past President of the Guernsey Society of Chartered and Certified Accountants and a past Chairman of the Guernsey Branch of the Institute of Directors. He is also a non-executive director of several other listed companies including John Laing Infrastructure Fund Limited, JP Morgan Private Equity Limited, Real Estate Credit Investments PCC Limited, Ruffer Investment Company Limited, and SQN Asset Finance Income Fund Limited.