DGAP-News: Adler Group S.A. has decided to initiate a review of strategic options for its residential yielding portfolio

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.

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

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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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

1237851 04.10.2021