The Adler Group housing group has its headquarters in this office building – at least officially.
Luxembourg The German financial supervisory authority Bafin has received more indications of questionable transactions by the Adler housing group than previously known. The authorities received 14 reports between 2005 and 2020. This emerges from the response of the federal government to a small question from the left-wing finance politician Fabio De Masi, which is available to the Handelsblatt.
The whistleblowers warned of conflicts of interest, personal ties and possible violations of the German Stock Corporation Act. Six warnings related to the merger from which the group emerged: In September 2019, Adler Real Estate bought the Israeli Ado Group. Shortly thereafter, Adler changed the management of the subsidiary Ado Properties. Five days later, the new management announced that it would take over its heavily indebted major shareholder Adler Real Estate.
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