DGAP-News: ADO Properties S.A. / Key word(s): Real Estate
Portfolio value continues strong growth in the first half of 2019
ADO has received a preliminary value indication from CBRE, its independent real estate appraiser, according to which the value of its real estate portfolio to the end of Q2 2019 amounts to approximately 4.3 billion Euro. This reflects an increase of approximately 260 million Euro compared to the last external valuation in Q4 2018.
About ADO Properties
ADO Properties is a company that focuses on the residential real estate sector and owns a property portfolio of around 24,000 units in Berlin. The company operates an entirely integrated, scalable in-house platform that includes a dedicated property administration. The portfolio of ADO Properties is concentrated in central locations inside Berlin's S-Bahn-Circle and in attractive districts on the city's periphery
Nicole Müller, Legal Counsel
05.07.2019 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.
|Company:||ADO Properties S.A.|
|Phone:||+352 278 456 710|
|Fax:||+352 262 634 079|
|Indices:||SDAX, FTSE EPRA/NAREIT Global Index, FTSE EPRA/NAREIT Developed Europe Index, FTSE EPRA/NAREIT Germany Index|
|Listed:||Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange; London, Luxembourg Stock Exchange, SIX|
|EQS News ID:||837047|
|End of News||DGAP News Service|