There is hardly any progress on the group’s Berlin construction sites, which is why the Adler Group should pay “sensitive” contractual penalties.
(Photo: imago images/Dirk Sattler)
Dusseldorf, Berlin The investors in the Adler Group were actually hoping for a week of upheaval. In fact, they became burglary days. The shares of the real estate group listed in the SDax have fallen by 37 percent since Monday, in the meantime to a new all-time low of 7.20 euros. Such a crash is extremely rare in the stock market. In June 2021, the price was still more than 26 euros.
Investors are very nervous: This Saturday, Adler will be publishing its annual financial statements for 2021. Hundreds of millions of euros in depreciation are threatened. Observers are curious to see whether Adler will receive an unqualified certificate. KPMG, of all companies, is to issue the certificate, which also investigated the allegations of fraud by a short seller.
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