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In this news category you will find information from and about companies, organizations, institutions, products of all kinds and in a broad spectrum. To get a quick overview of current trends and developments, it's worth visiting daily.
LU1250154413
Wed, 05.06.2024
Adler Group S.A.
ADLER Group S.A.: Launch of Restructuring Plan by issuance of Practice Statement Letter
Luxembourg, 5 June 2024 - Reference is made to the public announcement issued by ADLER Group S.A. on 24 May 2024 in respect of the lock-up agreement signed on 24 May 2024 by a steering committee of bondholders and agreement on the terms of a comprehensive finan [ … ]
Tue, 28.05.2024
Adler Group S.A.
Adler Group S.A. with continued solid operational performance in Q1 2024
Net rental income of €51m in Q1 2024, 4% lower compared to €53m in Q1 2023 due to portfolio disposals in 2023
Like-for-like rental growth of 5.1%, vacancy rate at 1.7%, average residential rent at €7.63/sqm/month
FY 2024 net rental income guidance confirmed
Completed dispo [ … ]
Thu, 25.04.2024
Adler Group S.A.
Adler Group with robust operational performance in 2023
5.1% like-for-like rental growth compared to previous year and operational vacancy of 1.1%
Successful disposals in FY 2023 such as the “Wasserstadt” rental portfolio at close to book value and several development projects at expected prices contributing to c.€530m in gross proceed [ … ]
Mon, 19.02.2024
Adler Group S.A.
PRESS RELEASE
Adler Group S.A.: Chairman of the Board of Directors Stefan Kirsten resigns from office for health reasons
• Prof Dr A. Stefan Kirsten: Adler Group is stabilised and can determine its own future, albeit in an extremely difficult market environment. But the path to the future will be a challenging one that requires the full commi [ … ]
Tue, 23.01.2024
Adler Group S.A.
Adler Group continues on its restructuring path as planned
The decision of the Court of Appeal to set aside the Sanction Order has no effect on the previously implemented financial restructuring of Adler Group’s indebtedness as the amendments to the terms and conditions of its bonds remain in full force in accordance with German law
L [ … ]
Wed, 27.12.2023
Adler Group S.A.
BaFin concludes the examination of ADLER Real Estate’s financial statements 2019 to 2021
Examination of consolidated financial statements as of 31 December 2019, 2020 and 2021 with error determination
No restatement or error correction of the consolidated financial statements was ordered, and no fines were imposed by BaFin; the only s [ … ]
Tue, 28.11.2023
Adler Group S.A.
Adler Group S.A. reduces debt thanks to successful portfolio sales in difficult market environment
Net rental income of €160m in the first nine months of 2023
Like-for-like rental growth of 2.4%, vacancy rate falls to 1.6%
Guidance for net rental income of €207m to €219 m in the 2023 financial year confirmed
Gross proceeds of around €530m and d [ … ]
Mon, 27.11.2023
Adler Group S.A.
Adler Group S.A.: General Meeting approves appointment of AVEGA Revision as auditor
Overwhelming majority follows the proposal of the Board of Directors
A total of four audit firms involved in the audit of Adler Group
Luxembourg, 27 November 2023 - The General Meeting of Adler Group S.A. ("Adler Group") today approved the appointment [ … ]
Thu, 19.10.2023
Adler Group S.A.
Successful squeeze-out at ADLER Real Estate AG
Resolution to transfer the shares entered in the commercial register
Minority shareholders of ADLER Real Estate AG to receive EUR 8.76 per share
Delisting of ADLER Real Estate AG expected
Luxembourg/Berlin, 19 October 2023 - The competent local court in Berlin entered the resolution on the transf [ … ]
Mon, 16.10.2023
Adler Group S.A.
Adler Group S.A. initiates appointment of auditor
Board of Directors to convene General Meeting for 27 November
AVEGA to be elected as auditor of the standalone and consolidated financial statements for the years 2022 and 2023
A total of four audit firms involved in the audit of Adler Group
Luxembourg, 16 October 2023 - Adler Group [ … ]