ADLER Real Estate AG is one of Germany’s leading property companies. In recent years, the company has grown rapidly by making acquisitions. ADLER owns almost 50,000 residential units. These are mostly located in northern and western Germany and offer affordable homes to tenants with medium to low incomes. Most of this portfolio will be held and managed on a permanent basis. To this end, ADLER has established a professional, central asset management department and is also developing proprietary property management companies that should manage the entire portfolio by the end of 2017. As group companies also take over the facility management in many locations, ADLER is set to become an integrated property group offering its tenants all relevant services from a single source.
Via a group company, ADLER is also active in the privatisation market, i.e. in converting rented apartments into freehold apartments. By selling suitable holdings, the company can draw on market opportunities to the benefit of its liquidity and earnings position.
By acquiring individual portfolios and stakes in companies, ADLER exploits benefits of scale and synergies. These involve pooling external services in order to optimise costs and adjusting internal structures. During 2016, central administration structures such as asset management previously distributed across several locations have been pooled in Berlin. Likewise, the legal domicile has also been transferred to Berlin in order to harmonise the company’s organisational and legal structures.
ADLER is committed to generating value growth in the interests of its shareholders. With its stable financing structures and its SDAX listing, the company has built up a strong reputation on the capital markets.
ADLER Real Estate AG was formed out of Frankfurter Adlerwerke, a company with a rich history going back to the 19th Century.