Brief: Adler Group Announces Sale Of Mannheim-Based Development Portfolio

Adler SA

08/09/2023 08:11

Sept 8 (Reuters) - Adler Group Sa  ADJ.DE :
    * EQS-NEWS: ADLER GROUP S.A. ANNOUNCES THE SALE OF A
MANNHEIM-BASED DEVELOPMENT PORTFOLIO
    * CLOSING OF TRANSACTION IS EXPECTED WITHIN 4TH QUARTER OF
2023
SUBJECT TO MARKET STANDARD CLOSING CONDITIONS
    * CLOSING OF TRANSACTION IS EXPECTED WITHIN 4^TH QUARTER OF
2023
SUBJECT TO MARKET STANDARD CLOSING CONDITIONS.
    * TRANSACTION, SIGNED IN SEPTEMBER, GENERATES NET PROCEEDS
OF
APPROXIMATELY EUR 70 MILLION FOR ADLER GROUP.
    * TRANSACTION, SIGNED IN SEPTEMBER, GENERATES NET PROCEEDS
OF
APPROXIMATELY EUR 70 MILLION FOR ADLER GROUP

Source text for Eikon:  ID:nEQ7gVnwWa 
Further company coverage:  ADJ.DE 

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