Adler intends to buyback € 200m of its € 500m 4.750% notes due 2020 and to redeem bridge financing for the acquisition of Brack Capital Properties (BCP) from the issuance of new unsecured notes (expected ‘BB+’ rating) – potentially worth € 800m. - Adler improved its rental KPIs yoy in 2017. Gross rental income improved by 10.5% (adjusted for the sale of Accentro: 7.6%) yoy to € 264.4m (2016: € 252.4m; adjusted for the sale of Accentro: € 245.8m). Average rent (per m² per...
Adler intends to buyback € 200m of its € 500m 4.750% notes due 2020 and to redeem bridge financing for the acquisition of Brack Capital Properties (BCP) from the issuance of new unsecured notes (expected ‘BB+’ rating) – potentially worth € 800m. - Adler improved its rental KPIs yoy in 2017. Gross rental income improved by 10.5% (adjusted for the sale of Accentro: 7.6%) yoy to € 264.4m (2016: € 252.4m; adjusted for the sale of Accentro: € 245.8m). Average rent (per m² per...
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