Alibaba Group (ADR) (AHLA)

Apie

Adler Real Estate AG is a Germany-based real estate company engaged in the provision of commercial and residential project development services in the form of improvement, planning, development and construction, as well as asset management services and property management services. Adler is also engaged in the acquisition, sale, renting and financing of real estate. In addition, the Company provides international and national joint venture activities and acts as co-investor in the acquisition of real estate portfolios. Its subsidiary, Muenchener Baugesellschaft mbH, focuses on the development and sale of residential properties. In February 214, it completed the acquisition of 94.8% of shares in three residential real estate portfolios in six federal states with altogether 1,96 residential and commercial units. In June, 214, the Company completed the acquisition of 92.7% share capital in Estavis AG.