Adler Group S.A. has decided to initiate a review of strategic options for its residential yielding portfolio
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DGAP-News: Adler Group S.A. / Schlagwort(e): Strategische
Unternehmensentscheidung
Adler Group S.A. has decided to initiate a review of strategic options for
its residential yielding portfolio
04.10.2021 / 07:53
Für den Inhalt der Mitteilung ist der Emittent / Herausgeber verantwortlich.
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Adler Group S.A. has decided to initiate a review of strategic options for
its residential yielding portfolio which could result in a sale of a
material part of its yielding assets, following strong inbound demand and
recent upward market valuations
- Strategic review with objective to achieve material value creation for
stakeholders
- Significant deleveraging alongside capital returns to shareholders
Berlin, 04 October 2021 - After having been approached by several large
institutional real estate investors showing strong interest, Adler Group
S.A. ("Adler Group") has initiated a review of strategic options for its
yielding real estate portfolio which could result in the sale of a material
part of its yielding assets. Proceeds from such disposals aim to
significantly reduce leverage and also to return capital to bond and equity
holders.
Maximilian Rienecker and Thierry Beaudemoulin, Co-CEOs of Adler Group,
explain: "We intend to take advantage of the strong investment market for
yielding residential assets in Germany in order to accelerate deleveraging
and to return funds to both bond and equity holders."
Contact
Investor Relations:
T +352 278 456 710
F +352 203 015 00
E investorrelations@adler-group.com
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04.10.2021 Veröffentlichung einer Corporate News/Finanznachricht,
übermittelt durch DGAP - ein Service der EQS Group AG.
Für den Inhalt der Mitteilung ist der Emittent / Herausgeber verantwortlich.
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Medienarchiv unter http://www.dgap.de
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Sprache: Deutsch
Unternehmen: Adler Group S.A.
1B Heienhaff
1736 Senningerberg
Luxemburg
Telefon: +352 278 456 710
Fax: +352 203 015 00
E-Mail: investorrelations@adler-group.com
Internet: www.adler-group.com
ISIN: LU1250154413
WKN: A14U78
Indizes: SDAX, FTSE EPRA/NAREIT Global Index, FTSE EPRA/NAREIT
Developed Europe Index, FTSE EPRA/NAREIT Germany Index
Börsen: Regulierter Markt in Frankfurt (Prime Standard);
Freiverkehr in Berlin, Düsseldorf, Hamburg, Hannover,
München, Stuttgart, Tradegate Exchange; London, Börse
Luxemburg, SIX
EQS News ID: 1237851
Ende der Mitteilung DGAP News-Service
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1237851 04.10.2021
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Quelle: dpa-AFX