Edition:
United Kingdom

Adler Real Estate AG (ADLG.DE)

ADLG.DE on Xetra

11.54EUR
13 Sep 2019
Change (% chg)

€0.10 (+0.87%)
Prev Close
€11.44
Open
€11.48
Day's High
€11.58
Day's Low
€11.44
Volume
47,855
Avg. Vol
150,896
52-wk High
€15.88
52-wk Low
€10.60

Latest Key Developments (Source: Significant Developments)

Adler Real Estate: Raises 2019 FFO I Guidance
Wednesday, 14 Aug 2019 

Aug 14 (Reuters) - Adler Real Estate AG ::STRONG EARNINGS GROWTH WITH FFO I UP 18.8% TO EUR 41.7M FROM EUR 35.1M IN H1 2018.H1 NET RENTAL INCOME INCREASED BY 16.6% TO EUR 127.2M COMPARED TO SAME PERIOD IN PREVIOUS YEAR.2019 FFO I GUIDANCE RAISED FROM EUR 80-85M TO EUR 83-86M.  Full Article

Adler Real Estate Q1 Net Rental Income Up 44.3% TO EUR 64.8 Million
Wednesday, 15 May 2019 

May 15 (Reuters) - Adler Real Estate AG ::DGAP-NEWS: ADLER REAL ESTATE AG: FIRST QUARTER 2019: ON TRACK TO REACH FULL YEAR TARGETS.AS OF Q1 2019 FFO I STOOD AT EUR 21.6M, REPRESENTING 52.1% YOY INCREASE (Q1 2018: EUR 14.2M).REMAIN COMMITTED TO ACHIEVING FY 2019 LTV TARGET OF C.55%.NET RENTAL INCOME INCREASED BY 44.3% YOY TO EUR 64.8M AS OF Q1 2019.  Full Article

Adler Real Estate: Early Redemption Of 2015/2020 Bond Intended
Thursday, 28 Mar 2019 

March 28 (Reuters) - Adler Real Estate AG ::EARLY REDEMPTION OF 2015/2020 BOND (WKN A14J3Z) INTENDED.PROCEEDS OF POTENTIAL BOND OFFERING WILL BE USED TO REPAY EXISTING DEBT.A NEW EUR 300M TO 400M SENIOR UNSECURED TRANSACTION WILL FOLLOW, SUBJECT TO MARKET CONDITIONS..  Full Article

Adler Real Estate's Unit Brack Capital Properties Sells First Part Of Its Retail Portfolio
Monday, 25 Mar 2019 

March 25 (Reuters) - Adler Real Estate AG ::DGAP-NEWS: ADLER REAL ESTATE AG'S SUBSIDIARY BRACK CAPITAL PROPERTIES N.V. SELLS FIRST PART OF ITS RETAIL PORTFOLIO.BRACK CAPITAL PROPERTIES N.V. SELLS C. EUR 180.6M OF GROSS ASSET VALUE REPRESENTING C. 37% OF TOTAL RETAIL PORTFOLIO.DEBT OF C. EUR 107M TO BE REPAID RESULTING IN ADLER'S LTV REDUCTION OF C.80 BPS.  Full Article

Adler Real Estate Says Shareholder Basis Widened, Market Capitalization Increased
Thursday, 3 Jan 2019 

Jan 3 (Reuters) - Adler Real Estate AG ::DGAP-NEWS: ADLER REAL ESTATE AG: SHAREHOLDER BASIS WIDENED, MARKET CAPITALIZATION INCREASED.12.9 MILLION NEW SHARES CREATED FROM CONVERSION OF 2015/2018 MANDATORY CONVERTIBLE AND TERMINATION OF 2013/2018 CONVERTIBLE BOND.NEW MAJOR SHAREHOLDER.MARKET CAPITALIZATON INCREASED TO MORE THAN EUR 900 MILLION (USD 1.0 BILLION).SIZEABLE PART OF CONVERTED SHARES ARE IN HANDS OF FAIRWATER REAL ESTATE OPPORTUNITIES FUND.  Full Article

Adler Real Estate And Benson Elliot Capital Management Enter Into JV
Thursday, 27 Dec 2018 

Dec 27 (Reuters) - Adler Real Estate AG ::ADLER REAL ESTATE AG AND BENSON ELLIOT CAPITAL MANAGEMENT ENTER INTO A JV.JV TO OPPORTUNISTICALLY DISPOSE OF C. 2,300 RESIDENTIAL UNITS.ASSETS TRANSFERRED INTO JV HAVE GROSS ASSET VALUE OF EUR 117.7M.  Full Article

Adler Real Estate Q1 Net Rental Income At EUR 44.9 Mln
Wednesday, 16 May 2018 

May 16 (Reuters) - ADLER REAL ESTATE AG ::FIRST QUARTER 2018: KEY OPERATING METRICS FURTHER IMPROVED COMPARED TO SAME QUARTER OF THE PREVIOUS YEAR.NET RENTAL INCOME FOR QUARTER INCREASED BY 6.9 PERCENT TO EUR 44.9 MILLION.Q1 FFO I GREW BY 79.7 PERCENT TO EUR 14.2 MILLION.  Full Article

Adler Real Estate Completes Acquisition Of 70 Pct Of Shares Of Brack Capital Properties
Tuesday, 3 Apr 2018 

April 3 (Reuters) - ADLER REAL ESTATE AG ::ACQUISITION OF 70 PERCENT OF SHARES OF BRACK CAPITAL PROPERTIES N.V. COMPLETED.  Full Article

Adler Real Estate: Special Tender Offer For Brack Capital Properties Successful
Thursday, 22 Mar 2018 

March 22 (Reuters) - ADLER REAL ESTATE AG ::SPECIAL TENDER OFFER FOR BRACK CAPITAL PROPERTIES N.V. SUCCESSFUL.ADLER REAL ESTATE - TO ACQUIRE 70 PERCENT OF SHARES IN BRACK CAPITAL PROPERTIES NV FOLLOWING SPECIAL TENDER OFFER FOR 25.8% PERCENT.ACQUISITION VOLUME FOR SHARES ACQUIRED UNDER STO AMOUNTS TO C. ILS 877 MIO. (C. EUR 205 MIO.).  Full Article

Adler Real Estate: Acquisition Of Stakes In Brack Capital Properties N.V.
Monday, 19 Feb 2018 

Feb 19 (Reuters) - ADLER REAL ESTATE AG ::ACQUISITION OF STAKES IN BRACK CAPITAL PROPERTIES N.V..INTENDS TO ACQUIRE UP TO 70 % IN BRACK CAPITAL PROPERTIES N.V..440 NEW ISRAELI SHEKEL PER SHARE OFFERED TO ALL SHAREHOLDERS.FULLY FUNDED WITH PROCEEDS FROM RECENT SALES AND CASH WITH NO CAPITAL INCREASE INTENDED.IN PURCHASE AGREEMENT WITH REDZONE, ADLER AGREED ON A PURCHASE PRICE OF 440 NEW ISRAELI SHEKEL (ILS) PER SHARE.ACQUISITION VOLUME AMOUNTS TO ILS 2.381 BILLION CORRESPONDING TO C. EUR 539 MILLION AT CURRENT EXCHANGE RATE.ACQUISITION WILL CONTRIBUTE AN ANNUAL RENTAL INCOME OF C. EUR 45 MILLION.EXPECTS AN ADDITIONAL EUR 20 MILLION IN FFO I PER ANNUM.TRANSACTION WILL INCREASE VALUE OF OUR PROPERTY PORTFOLIO BY MORE THAN EUR 1 BILLION.  Full Article

German stocks - Factors to watch on August 14

BERLIN/FRANKFURT, Aug 14 The following are some of the factors that may move German stocks on Wednesday: