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Sunday, March 16, 2025

Sale of more than 22,000 homes on the way

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Residential buildings by Adler Real Estate in Berlin

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The majority is to be sold.

(Photo: imago images/Olaf Schuelke)

Dusseldorf, Berlin Adler Real Estate has taken the first step in selling almost the entire residential portfolio. In principle, the general meeting on Wednesday gave the board of directors of the real estate company belonging to the ailing Adler Group a blank power of attorney for the intended transaction, which is intended to reduce high debts. The Berliners want to sell 22,000 of their almost 24,000 apartments.

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