ADLER sees itself as a provider of rental apartments which make up nearly 98 percent of the investment properties.

The largest share of its properties are located in Lower Saxony (34.9 percent of the overall portfolio) and in North Rhine-Westphalia (20.0 percent). The overall portfolio nevertheless remains widely distributed across Germany. ADLER believes that this diversification is appropriate from a risk perspective.

As of June 30, 2016
Federal state
Rental units
Proportion of total portfolio in %
Average rent in EUR per m2
Occupancy rate in %
Lower Saxony
16,579
34.6
4.84
90.6
North Rhine Westphalia
9,508
19.8
5.07
90.3
Saxony
7,568
15.8
4.69
85.4
Brandenburg
3,683
7.7
4.74
87.5
Saxony-Anhalt
3,468
7.2
4.65
84.9
Thuringia
1,968
4.1
5.43
79.9
Berlin
1,690
3.5
5.58
98.7
Mecklenburg-Western-Promerania
1,507
3.1
5.06
88.4
Schleswig-Holstein
686
1.4
5.93
91.8
Rhineland-Palatinate
595
1.2
6.89
93.0
Hesse
408
0.9
6.93
87.3
Bavaria
161
0.3
5.68
84.0
Bremen
48
0.1
5.18
97.6
Baden-Wurttemberg
40
0.1
7.84
77.5
Total
47,909
100.0
4.98
88.9