DGAP-News: Adler Group S.A. / Key word(s): Disposal 
Adler Group S.A.: EUR 75.7m residential assets disposal at premium to book 
value 
 
2020-12-21 / 07:00 
The issuer is solely responsible for the content of this announcement. 
 
*Adler Group: EUR 75.7m residential assets disposal at premium to book 
value* 
 
? Successful disposal of 1,605 units with GAV of EUR 75.7m slightly above 
book value 
 
? Assets generate EUR 4.8m net rental income pa and have 17.45% vacancy 
rate and an average rent of 5.21 EUR/sqm/month 
 
? Transaction is the next step in ADLER's strategy to streamline its 
portfolio and strengthen its balance sheet in line with ongoing 
deleveraging commitments 
 
? Closing is expected at the end of March 2021 
 
*Berlin, 21 December 2020 *- Adler Real Estate AG (ADLER RE), c. 95% 
subsidiary of Adler Group S.A. (Adler Group), entered into a binding sale 
and purchase agreement with OMEGA AG, Munich and a real estate family 
office, to dispose of 1,605 residential and commercial units with a gross 
asset value (GAV) of EUR 75.7m at a slight premium to book value as of Q3 
2020. This transaction further demonstrates the resilience of the German 
residential real estate market at a time of heightened macroeconomic 
uncertainty. The properties are primarily located in Borna, 
Osterholz-Scharmbeck and Schwanewede. The units generate net rental income 
of EUR 4.8m pa and have a 17.45% vacancy rate which peaks at up to 27% with 
an average rent of 5.21 EUR/sqm/month. 
 
The transaction is a natural next step in Adler Group's strategy to 
streamline its portfolio and will have a positive impact on all portfolio 
KPIs. LTV will be reduced by 30bps and is a further step to reach our 
mid-term target of around 50%. It is expected to close at the end of March 
2021. 
 
*Contact* 
 
Investor Relations: 
T +352 278 456 710 
F +352 203 015 00 
E investorrelations@Adler-group.com 
 
2020-12-21 Dissemination of a Corporate News, transmitted by DGAP - a 
service of EQS Group AG. 
The issuer is solely responsible for the content of this announcement. 
 
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Language:    English 
Company:     Adler Group S.A. 
             1B Heienhaff 
             1736 Senningerberg 
             Luxemburg 
Phone:       +352 278 456 710 
Fax:         +352 203 015 00 
E-mail:      investorrelations@adler-group.com 
Internet:    www.adler-group.com 
ISIN:        LU1250154413 
WKN:         A14U78 
Indices:     SDAX, FTSE EPRA/NAREIT Global Index, FTSE EPRA/NAREIT Developed 
             Europe Index, FTSE EPRA/NAREIT Germany Index 
Listed:      Regulated Market in Frankfurt (Prime Standard); Regulated 
             Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, 
             Munich, Stuttgart, Tradegate Exchange; London, Luxembourg Stock 
             Exchange, SIX 
EQS News ID: 1156477 
 
End of News DGAP News Service 
 
1156477 2020-12-21

(END) Dow Jones Newswires

December 21, 2020 01:00 ET (06:00 GMT)