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Adler Real Estate AG (ADLG.DE)

ADLG.DE on Xetra

12.24EUR
18 Jun 2019
Change (% chg)

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€12.24
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151,304
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€16.10
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€11.68

Latest Key Developments (Source: Significant Developments)

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

Adler Real Estate Signed An Agreement To Purchase 41.04 Percent Stake In Brack Capital Properties
Friday, 16 Feb 2018 

Feb 16 (Reuters) - Adler Real Estate Ag ::DGAP-ADHOC: ADLER REAL ESTATE AG: AGREEMENT SIGNED TO PURCHASE 41.04% STAKE IN BRACK CAPITAL PROPERTIES N.V. AND PUBLIC TENDER OFFER ANNOUNCED.SAYS TRANSACTION TO BE FINANCED FROM EXISTING AVAILABLE FUNDS, PROCEEDS FROM RECENT SALE OF ACCENTRO REAL ESTATE AG.ADLER REAL ESTATE- TO OFFER ALL SHAREHOLDERS 440 ILS PER SHARE IN BRACK CAPITAL PROPERTIES N.V. FOR A TOTAL CONSIDERATION OF C. ILS 2.4 BILLION​.‍INTENTION TO LAUNCH A PUBLIC TENDER OFFER FOR ACQUISITION OF UP TO 25.8% ADDITIONAL SHARES​.‍ADLER IS TARGETING A STAKE OF UP TO 70% PLUS ONE SHARE IN BCP FOR A MAXIMUM CONSIDERATION EQUIVALENT TO APPROX EUR 539 MILLION​.ADLER REAL ESTATE -‍EXPECTS TRANSACTION WILL IMPROVE ITS FFO I BY C. EUR 20 MILLION ANNUALLY AND ENHANCE VALUE OF ITS CORE PORTFOLIO BY MORE THAN EUR 1 BILLION​.‍UPON COMPLETION CO EXPECTS TO REALIZE OPERATIONAL AND FINANCIAL SYNERGIES IN AN EXPECTED AMOUNT OF EUR 6 MILLION ANNUALLY​.  Full Article

German stocks - Factors to watch on June 3

BERLIN/FRANKFURT, June 3 The following are some of the factors that may move German stocks on Monday: