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Adler Real Estate AG (ADLG.DE)

ADLG.DE on Xetra

13.26EUR
10:41am EST
Change (% chg)

€-0.10 (-0.75%)
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€13.36
Open
€13.34
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€13.48
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€13.22
Volume
61,560
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84,136
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€14.51
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€11.99

Latest Key Developments (Source: Significant Developments)

Adler Real Estate: Acquisition Of Stakes In Brack Capital Properties N.V.
Monday, 19 Feb 2018 01:45am EST 

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 06:00pm EST 

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

Adler Real Estate Says To Revoke Appointment Of Arndt Krienen To Management Board
Wednesday, 27 Dec 2017 11:05am EST 

Dec 27 (Reuters) - Adler Real Estate AG ::DGAP-ADHOC: ADLER REAL ESTATE AG TO REVOKE APPOINT OF MANAGEMENT BOARD MEMBER.SAYS SUPERVISORY BOARD ‍DECIDED TO REVOKE APPOINTMENT OF ARNDT KRIENEN TO COMPANY'S MANAGEMENT BOARD WITH IMMEDIATE EFFECT​.  Full Article

Adler Real Estate ‍Says Tomas De Vargas Machuca And Maximilian Rienecker Appointed Co-CEOs
Wednesday, 27 Dec 2017 04:45am EST 

Dec 27 (Reuters) - ADLER REAL ESTATE ::‍TOMAS DE VARGAS MACHUCA AND MAXIMILIAN RIENECKER APPOINTED CO-CEOS WITH IMMEDIATE EFFECT ON DEC 22​.  Full Article

Adler Real Estate Says CEO Relieved Of Duties, Names New Execs
Friday, 22 Dec 2017 11:27am EST 

Dec 22 (Reuters) - Adler Real Estate AG ::ADLER REAL ESTATE AG TO APPOINT NEW BOARD OF MANAGEMENT.ARNDT KRIENEN WILL BE RELIEVED OF HIS DUTIES AS CEO AND AS A MEMBER OF MANAGEMENT BOARD UNTIL FURTHER NOTICE.TOMAS DE VARGAS MACHUCA AND MAXIMILIAN RIENECKER TO BE APPOINTED AS CO-CEOS.SVEN-CHRISTIAN FRANK TO REMAIN ACTING CHIEF OPERATING OFFICER.  Full Article

Adler Real Estate: Share Buyback Programme Complemented
Wednesday, 6 Dec 2017 08:26am EST 

Dec 6 (Reuters) - ADLER REAL ESTATE AG ::DGAP-ADHOC: ADLER REAL ESTATE AG: SHARE BUYBACK PROGRAMME COMPLEMENTED.MAXIMUM TOTAL PURCHASE PRICE: EUR 20 MILLION.BUYBACK PROGRAMME IS DUE TO BEGIN ON 6 DECEMBER 2017 AND WILL RUN FOR AN INDEFINITE PERIOD.2.81 % OF COMPANY'S CURRENT STATUTORY SHARE CAPITAL.INTENDS TO USE TREASURY SHARES AS ACQUISITION CURRENCY SHOULD SUITABLE MARKET OPPORTUNITIES ARISE.  Full Article

Adler Real Estate ‍Successfully Placed EUR 800 Mln Bond
Wednesday, 29 Nov 2017 10:52am EST 

Nov 29 (Reuters) - Adler Real Estate AG ::SAYS ‍SUCCESSFULLY PLACED A EUR 800 MILLION BOND TO INSTITUTIONAL INVESTORS ACROSS EUROPE​.SAYS ‍TWO TRANCHES WITH 4 AND 6 YEARS MATURITY​.TWO TRANCHES WITH 4 AND 6 YEARS MATURITY.FFO I CONTRIBUTION OF C. EUR 11 MILLION.COUPON 1.500 PERCENT AND 2.125 PERCENT RESPECTIVELY - AVERAGE OF 1.734 PERCENT.  Full Article

Adler Real Estate To Issue Senior Unsecured Notes
Wednesday, 29 Nov 2017 04:10am EST 

Nov 29 (Reuters) - ADLER REAL ESTATE AG ::DGAP-ADHOC: ADLER REAL ESTATE AG TO ISSUE SENIOR UNSECURED NOTES FOR THE PURPOSE OF FINANCING THE REPURCHASE OF EXISTING SECURED SCHULDSCHEIN LOANS AND FURTHER DEBT REFINANCING.‍NOTES ARE EXPECTED TO BE ISSUED IN TWO TRANCHES WITH MATURITIES OF 4 AND 6 YEARS​.‍INTEREST COUPON WILL BE DETERMINED IN BOOKBUILDING​.‍NET PROCEEDS TO BE USED PRIMARILY TO FINANCE REPURCHASE OF EXISTING SECURED SCHULDSCHEIN LOANS.‍TO ISSUE NOTES IN TWO TRANCHES WITH INDICATIVE VOLUME OF AT LEAST EUR 300 MILLION PER TRANCHE​.  Full Article

Adler Real Estate ‍FFO I up 45.3 pct at EUR 27.1 mln
Tuesday, 14 Nov 2017 01:30am EST 

Nov 14 (Reuters) - ADLER REAL ESTATE AG ::9-MONTH ‍NET RENTAL INCOME TOTALLED EUR 130.5 MILLION AND THUS INCREASED 3.8 PERCENT YEAR-ON-YEAR​.9-MONTH ‍FFO I EUR 27.1 MILLION, 45.3 PERCENT MORE THAN IN FIRST THREE QUARTERS OF PREVIOUS YEAR​.  Full Article

Adler Real Estate buys 700 new built apartments in central Berlin ​
Monday, 13 Nov 2017 04:28pm EST 

Nov 13 (Reuters) - Adler Real Estate Ag ::Adler real estate ag: acquisition of c. 700 new built apartments in central berlin (europa city).Adler real estate ag says ‍consideration to be paid by adler until completion of project amounts up to eur 120 million​.‍upon completion, adler expects an indicative market value of c. Eur 385 million from the project ​.  Full Article