Real estate in Germany – ADO and Adler merger

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Real estate in Germany – ADO and Adler merger

Posted by Tanya Yujelevski on 15/04/2020
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ADO and Adler Merger | Sweet Home

The merger of German real estate giants ADO and Adler Merger is complete. Invest in Dubai real estate and enjoy lucrative benefits. Connect with a team of real estate experts having sound market knowledge. Visit Sweet Home Dubai website to get the complete information about the best investment properies in Dubai.

The merger of German real estate giants ADO and Adler is complete

Merger of this Real Estate had completed, creating a second largest residential real estate portfolio in Germany

German real estate further does not plan to let a global pandemic stop it: German real estate companies continue “business as usual” in face of the novel COVID-19 and create the largest merger seen recently on the market. Both companies further target residential real estate in Germany only.

Now, the group that since the summer of this year will be called Adler Real Estate, has an impressive portfolio of € 8.5 billion with 80,000 residential properties across Germany. The company’s headquarters will be located in Berlin and will be led by co-CEOs Maximilian Rienecker and Thierry Beaudemoulin.

To allow for the merger, ADO raised its shares by 27.65 million. 91.93% of Adler shareholders approved the merger proposal.

And despite the fact that Vonovia is larger than the two companies that went through the merger combined. It is no longer a player in the German field alone. It has expanded beyond the borders of the German Federation to the Netherlands, Sweden and France.

One of the first challenges the group faces is raising yields. Thierry Beaudemoulin said agreement on consolidating companies. And creating the merger is an important milestone in creating one of the largest residential real estate companies in Europe. The merger between ADO and Adler’s excellent asset portfolios will open up opportunities for stakeholders and also increase our future expansion opportunities.

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