PropertyEU

Adler sells €180m of assets to pay off debt and focus on German resi

By Gordon Darroch 2019-03-26T00:00:00

Adler is focusing on its residential properties such as this apartment complex in Leipzig.

German-listed residential landlord Adler Real Estate has disposed of more than one-third of its commercial portfolio for a total value of €180.6 mln through its Dutch subsidiary, Brack Capital Properties NV.

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