Report
EUR 220.94 For Business Accounts Only

ADO Properties S.A.: New Issuer

CORPORATES CREDIT OPINION 19 July 2017 New Issue RATINGS ADO Properties S.A. Domicile Luxembourg Long Term Rating Baa2 Type LT Issuer Rating - Dom Curr Outlook Stable Please see the ratings section at the end of this report for more information. The ratings and outlook shown reflect information as of the publication date. Contacts Maria Maslovsky 44-20-7772-5502 VP-Senior Analyst maria.maslovsky@m
Underlying
ADLER Group SA

ADO Properties SA is a Luxembourg-based company, operating in Berlin, Germany, in the residential real estate field of industry with over 20,000 units, including the recent acquisitions. The Company has an integrated, scalable in-house platform with its own property management. The Company takes over the responsibility for the state of its apartment building and it is also responsible for the staff and neighborhood's environment. Its portfolio focuses on central locations in Berlin, Germany, as well as suburban districts.

Provider
Moody's Investors Service
Moody's Investors Service

Moody's Investors Service is a leading provider of credit ratings, research, and risk analysis. Moody's commitment and expertise contributes to transparent and integrated financial markets, protecting the integrity of credit. Our ratings and analysis track debt covering more than:

  • 130 countries
    11,000 corporate issuers
    21,000 public finance issuers
    76,000 structured finance obligations



Credit ratings and research help investors analyze the credit risks associated with fixed-income securities. Such independent credit ratings and research also contribute to efficiencies in fixed-income markets and other obligations, such as insurance policies and derivative transactions, by providing credible and independent assessments of credit risk.



Moody’s default studies validate our predictive ratings. Our published research and investor briefings draw thousands of attendees each year and keep investors current with the rationale underlying our credit opinions. 

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