Brief: Adler Real Estate-Adler Group, Leg Immobiliens Signed Term Sheet Setting Out Points Of Deal On Sale Of 15,350 Residential Units, 185 Commercial Units

Adler Real Estate AG

11/10/2021 04:19

Oct 10 (Reuters) - Adler Real Estate Ag  ADLG.DE :
    * ADLER REAL ESTATE-ADLER GROUP, LEG IMMOBILIENS SIGNED TERM
SHEET
SETTING OUT  POINTS OF DEAL ON SALE OF 15,350 RESIDENTIAL UNITS,
185 COMMERCIAL UNITS
    * TRANSACTION IS BASED ON A REAL ESTATE PORTFOLIO VALUATION
IN AN
AMOUNT OF EUR 1.485 BILLION
    * ADLER REAL ESTATE-  TRANSACTION SHALL BE EXECUTED BY WAY
OF
SHARE DEALS AND ADLER GROUP SHALL RETAIN A 10.1% PARTICIPATION
IN RELEVANT ENTITIES

Source text for Eikon:  ID:nEQ4F2npRa 
Further company coverage:  ADLG.DE 

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