21.12.2020 Adler Group S.A.  LU1250154413

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.

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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: [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 

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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%
    
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