DGAP-News: Adler Group S.A.: EUR 75.7m residential assets disposal at premium to book value
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
21.12.2020 / 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 [email protected]
21.12.2020 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.
The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.dgap.de
|
Language: |
English |
Company: |
Adler Group S.A. |
|
1B Heienhaff |
|
1736 Senningerberg |
|
Luxemburg |
Phone: |
+352 278 456 710 |
Fax: |
+352 203 015 00 |
E-mail: |
[email protected] |
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 21.12.2020
Die wichtigsten Finanzdaten auf einen Blick
|
|
2017 |
2018 |
2019 |
2020 |
2021 |
2022 |
2023e |
Umsatzerlöse1 |
128,85 |
154,85 |
156,52 |
758,74 |
1.143,73 |
734,47 |
0,00 |
EBITDA1,2 |
77,09 |
93,78 |
93,81 |
555,58 |
208,25 |
95,08 |
0,00 |
EBITDA-Marge3 |
59,83 |
60,56 |
59,93 |
73,22 |
18,21 |
12,95 |
|
EBIT1,4 |
80,55 |
93,25 |
613,92 |
544,28 |
-640,97 |
-1.272,05 |
0,00 |
EBIT-Marge5 |
62,51 |
60,22 |
392,23 |
71,73 |
-56,04 |
-173,19 |
0,00 |
Jahresüberschuss1 |
367,51 |
397,46 |
606,92 |
229,46 |
-1.165,01 |
-1.674,85 |
0,00 |
Netto-Marge6 |
285,22 |
256,67 |
387,76 |
30,24 |
-101,86 |
-228,04 |
0,00 |
Cashflow1,7 |
86,85 |
103,93 |
88,76 |
120,30 |
-276,24 |
-138,22 |
0,00 |
Ergebnis je Aktie8 |
8,07 |
8,77 |
12,74 |
1,99 |
-10,03 |
-13,21 |
-10,20 |
Dividende8 |
0,60 |
0,75 |
0,75 |
0,46 |
0,00 |
0,00 |
0,45 |
Quelle: boersengefluester.de und Firmenangaben
Geschäftsbericht 2022 - Kostenfrei herunterladen.
1 in Mio. Euro; 2 EBITDA = Ergebnis vor Zinsen, Steuern und Abschreibungen; 3 EBITDA in Relation zum Umsatz; 4 EBIT = Ergebnis vor Zinsen und Steuern; 5 EBIT in Relation zum Umsatz; 6 Jahresüberschuss (-fehlbetrag) in Relation zum Umsatz; 7 Cashflow aus der gewöhnlichen Geschäftstätigkeit; 8 in Euro; Quelle: boersengefluester.de
Wirtschaftsprüfer: AVEGA Revision
|
INVESTOR-INFORMATIONEN |
©boersengefluester.de |
Adler Group |
WKN |
Kurs in € |
Einschätzung |
Börsenwert in Mio. € |
A14U78 |
0,184 |
Verkaufen |
27,90 |
KGV 2025e |
KGV 10Y-Ø |
BGFL-Ratio |
Shiller-KGV |
0,00 |
5,99 |
0,00 |
3,68 |
KBV |
KCV |
KUV |
EV/EBITDA |
0,12 |
- |
0,04 |
59,12 |
Dividende '22 in € |
Dividende '23e in € |
Div.-Rendite '23e in % |
Hauptversammlung |
0,00 |
0,00 |
0,00 |
26.06.2024 |
Q1-Zahlen |
Q2-Zahlen |
Q3-Zahlen |
Bilanz-PK |
28.05.2024 |
28.08.2024 |
28.11.2023 |
29.04.2024 |
Abstand 60Tage-Linie |
Abstand 200Tage-Linie |
Performance YtD |
Performance 52 Wochen |
-39,57% |
-58,06% |
-63,02% |
-78,35% |
|
|