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ADO Properties

Listed 27/09/2019

Berlin's ADO sells 5,800 apartments for €920m to communal housing group

Berlin residential property group ADO Properties has signed on a €920m agreement to sell 5,800 apartment units in the German capital to communal housing (...)

Listed 23/09/2019

Berlin's Adler to pay €708m for 33% of ADO Properties

Berlin's listed Adler Real Estate is to pay €708m to acquire 33% of ADO Properties from its senior shareholder, the Israeli-listed ADO Group. ADO Properties (...)

Listed 17/09/2019

Berlin housing firm ADO eyes sale of quarter of its resi portfolio

Shares in Berlin housing firm Ado Properties have risen on news it is negotiating the sale of around one-quarter of its portfolio, some 5,800 (...)

Listed 29/08/2019

Berlin housing firm ADO posts stable FFO at €33m amid regulatory uncertainty

Berlin housing specialist ADO Properties reported FFO 1 unchanged at €33.4m in a first halfcharacterised by changes in ownership and leadership, plus regulatory uncertainty. FFO 1 (...)

Listed 24/06/2019

Berlin's ADO Properties, under Dayan control, names Ran Laufer new CEO

Berlin listed housing firm ADO Properties, newly taken control of by the Israeli Dayan family, has named as chief executive Ran Laufer, also deputy (...)

Listed 14/06/2019

Top management of Berlin's ADO to leave as Dayan family takes control

Berlin's ADO Properties has become the second German property firm after TLG to be taken control of by the Israeli Dayan family. Its top management, including (...)

Housing 16/05/2019

German firms say private capital is acting responsibly to close housing gap

Deutsche Wohnen, the main target of Berlin's housing expropriation debate, plus Germany's largest residential owner Vonovia, say private capital is acting responsibly to meet shortages. Initiated (...)

Listed 20/03/2019

Berlin resi firm ADO posts 23% rise in 2018 FFO to €67m, NAV at €55

Listed Berlin housing group ADO Properties reported a 23% rise to €66.8m in 2018 FFO from rental activities, with net asset value climbing 22% (...)

Housing 12/10/2018

Foreign ownership in French housing is no cause for concern

The participation of Germany's Vonovia and Zurich's Swiss Life in the winning bid for French SNCF's housing portfolio is good for Europe, good for France – (...)

Finance 27/09/2018

Corestate's new CEO plans expansion beyond Germany, Netherlands

Germany and Netherlands-focused Corestate Capital, a listed real estate manager transitioning from private roots, has big plans to expand, seeking assets and M&A opportunities (...)

Listed 27/08/2018

Berlin housing firm ADO raises 1H FFO 25%, sees €66m run rate

Listed Berlin housing company ADO Properties increased funds from operations by nearly 25%yy and its portfolio 15%yy in first half, saying it is on (...)

Housing 20/03/2018

Berlin housing specialist Ado boosts FFO 25% to €54m, raises dividend

Berlin listed housing specialist Ado Properties reported 2017 funds from operations up by nearly 25% to €54.3m, with EPRA net asset value rising by the same (...)

Finance 07/02/2018

Germany's Corestate appoints Bütter as new CEO to succeed Wilhelm

Listed German real estate investor and manager Corestate Capital has appointed a new chief executive to succeed Sascha Wilhelm. He is Michael Bütter, a (...)

Housing 17/10/2017

German resi stocks still offer value; price, rental cycle to go further

Investment bank HSBC remains optimistic about German residential real estate, saying in a study of the sector Monday that the end of the price (...)