[1] Short-seller Fraser Perring's investment firm Viceroy Research put pressure on the Adler Group in October 2021 with releases in which it made serious allegations.
Operating profit increased in 2021, but Adler Group has a loss of almost 1.2 billion euros due to depreciation.
Adler announced that the commissioned auditing company KPMG was unable to issue an opinion on the consolidated and individual financial statements for 2021.
15,350 apartments and 186 commercial units worth EUR 1.485 billion were sold to competitor LEG Immobilien.
Operating profit increased in 2021, but Adler Group has a loss of almost 1.2 billion euros due to depreciation.