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Adler Real Estate AG (ADLG.DE)

ADLG.DE on Xetra

14.46EUR
11:35am EDT
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€0.26 (+1.83%)
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37,207
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€15.80
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€11.99

Latest Key Developments (Source: Significant Developments)

Adler Real Estate Q1 Net Rental Income At EUR 44.9 Mln
Wednesday, 16 May 2018 01:25am EDT 

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 04:00am EDT 

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 01:14pm EDT 

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 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

BRIEF-Adler Real Estate Increased Its FFO I Guidance By 5 Pct

* REVISED GUIDANCE FOLLOWING THE SUCCESSFUL COMPLETION OF ITS TENDER OFFER TO BUY BACK EUR 200 MILLION OF THE 2015/2020 4.75 PERCENT COUPON NOTES