21.12.2020 ADLER Real Estate AG  DE0005008007

DGAP-News: ADLER Real Estate AG: EUR 75.7m residential assets disposal at premium to book value


 

DGAP-News: ADLER Real Estate AG / Key word(s): Disposal
ADLER Real Estate AG: 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 Real Estate: 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), 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. It is expected to close at the end of March 2021.

Contact for enquiries:
Tina Kladnik
Head of Investor Relations
ADLER Real Estate AG
Tel: +49 (162) 424 6833
[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 Real Estate AG
Joachimsthaler Straße 34
10719 Berlin
Germany
Phone: +49 30 39 80 18 10
Fax: +49 30 39 80 18 199
E-mail: [email protected]
Internet: www.adler-ag.com
ISIN: DE0005008007, XS1211417362
DE000A1R1A42
DE000A11QF02
WKN: 500800, A14J3Z
A1R1A4
A11QF0
Indices: GPR General Index
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange
EQS News ID: 1156478

 
End of News DGAP News Service

1156478  21.12.2020 

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Die wichtigsten Finanzdaten auf einen Blick
  2016 2017 2018 2019 2020 2021 2022e
Umsatzerlöse1 245,80 264,39 349,60 370,36 354,68 337,76 0,00
EBITDA1,2 103,30 124,90 119,30 112,10 -360,30 183,90 0,00
EBITDA-Marge3 42,03 47,24 34,12 30,27 -101,58 54,45 0,00
EBIT1,4 268,49 311,82 582,83 469,01 353,29 375,82 0,00
EBIT-Marge5 109,23 117,94 166,71 126,64 99,61 111,27 0,00
Jahresüberschuss1 133,78 142,63 332,45 367,76 -304,42 74,56 0,00
Netto-Marge6 54,43 53,95 95,09 99,30 -85,83 22,08 0,00
Cashflow1,7 100,55 36,35 131,00 94,36 149,15 18,76 0,00
Ergebnis je Aktie8 1,76 1,78 3,50 3,08 -4,39 0,66 0,32
Dividende8 0,00 0,04 0,00 0,00 0,00 0,00 0,00
Quelle: boersengefluester.de und Firmenangaben

  Geschäftsbericht 2021 - 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: KPMG

INVESTOR-INFORMATIONEN
©boersengefluester.de
Adler Real Estate
WKN Kurs in € Einschätzung Börsenwert in Mio. €
500800 6,960 Halten 759,11
KGV 2023e KGV 10Y-Ø BGFL-Ratio Shiller-KGV
17,85 7,60 2,35 4,95
KBV KCV KUV EV/EBITDA
0,44 40,47 2,25 14,75
Dividende '20 in € Dividende '21e in € Div.-Rendite '21e
in %
Hauptversammlung
0,00 0,00 0,00 05.07.2022
Q1-Zahlen Q2-Zahlen Q3-Zahlen Bilanz-PK
31.05.2022 31.08.2022 30.11.2022 30.04.2022
Abstand 60Tage-Linie Abstand 200Tage-Linie Performance YtD Performance 52 Wochen
25,29% -2,32% 7,57% -42,10%
    
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Immobilien (Wohn) , 500800 , ADL , XETR:ADL