1

Adler Real Estate

#4842

Rank

$977.88M

Marketcap

DE Germany

Country

Adler Real Estate
Leadership team

Mr. Thierry Jean-Francois Beaudemoulin (CEO, COO & Member of the Management Board)

Mr. Sven-Christian Frank (Chief Legal Officer & Member of Management Board)

Mr. Carsten Wolff (Head of Accounting & Fin.)

Products/ Services
Commercial Real Estate, Real Estate, Real Estate Investment
Number of Employees
100 - 500
Headquarters
Berlin, Berlin, Germany
Established
1880
Revenue
Above - 1B
Traded as
ADL.DE
Social Media
Overview
Location
Summary
ADLER is one of Germany's leading residential property companies with a focus on affordable housing. Its portfolio is primarily located in ? or on the outskirts of ? large and growing conurbations in northern, eastern and western Germany and has considerable upside potential in terms of revaluation gains, vacancy reduction and rent uplifts. All of the Group's properties and business operations are located in Germany, and benefit from the high employment in the German economy in general and also favourable real estate market dynamics in German ?B cities'. The Group's residential portfolio has been built up over the past five years by acquiring individual portfolios or shares in property holding companies.
History

Short-buyer Fraser Perring's investment firm Viceroy put pressure on the Adler Group in October 2021 with releases in which it made serious allegations. This involved, among other things, the valuation of real estate projects.

Adler Group presented its balance sheet in 2022 at the last minute before the deadline. Operating profit increased in 2021, but Adler Group has a loss of almost 1.2 billion euros due to depreciation. Adler announced that the commissioned auditing company KPMG was unable to issue an opinion on the consolidated and individual financial statements for 2021. As a result, several members of the Board of Directors resigned at the end of April 2022.In June 2022, it became known that Adler intentionally fails to pay bills on a large scale. The broadcasters NDR and rbb had a list from April 2021 that lists thousands of open claims that the Adler subsidiary Consus apparently did not or not fully complied with.

Mission
Our mission is to provide our clients with the highest level of real estate services and make their transaction experience both enjoyable and stress free.
Vision
Our vision is to be the go-to source for all of our clients real estate needs, providing the most competitive rates and offering the highest level of customer service.
Key Team

Ms. Tina Kladnik A.C.A. (Head of Investor Relations)

Dr. Rolf-Dieter Grass (Head of Corp. Communications)

Dr. Dirk Hoffmann (Advisor)

Mr. Christian Hillermann (Chief Exec. Officer of Hillermann Consulting e.K.)

Recognition and Awards
Adler Real Estate has won numerous awards including being nominated for the Real Estate Brokerage of the Year by the New York Chapter of the National Association of Realtors in 2020.
References

Dive deeper into fresh insights across Business, Industry Leaders and Influencers, Organizations, Education, and Investors for a comprehensive view.

Adler Real Estate
Leadership team

Mr. Thierry Jean-Francois Beaudemoulin (CEO, COO & Member of the Management Board)

Mr. Sven-Christian Frank (Chief Legal Officer & Member of Management Board)

Mr. Carsten Wolff (Head of Accounting & Fin.)

Products/ Services
Commercial Real Estate, Real Estate, Real Estate Investment
Number of Employees
100 - 500
Headquarters
Berlin, Berlin, Germany
Established
1880
Revenue
Above - 1B
Traded as
ADL.DE
Social Media