Adler Group reaches a binding agreement with bondholders for a comprehensive recapitalisation Reprofiling of maturities extends runway for orderly disposal of assets Equity to be stabilized through conversion of most of the 2L Notes into Perpetual Notes with terms consistent with equity classification under IFRS Additional liquidity of up to  [ … ]

Adler Group S.A. announces changes to the Board of Directors as a proposal to the Annual General Meeting Luxembourg, 24 May 2024 – Adler Group S.A. announces today that Matthias Moser shall be appointed as a member of the Board of Directors, effectively with his proposed election at the Annual General Meeting (AGM) on 25 June 2024. Mr Moser will f [ … ]

    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 [ … ]

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 [ … ]

        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 [ … ]