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Adler Group S.A.: Dr. Bernd Schade becomes new CDO of the Adler Group

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DGAP-News: Adler Group S.A. / Key word(s): Personnel
28.10.2021 / 13:04
The issuer is solely responsible for the content of this announcement.

PRESS RELEASE

Dr. Bernd Schade becomes new CDO of the Adler Group

Experienced project developer also joins the board of Consus Real Estate AG

Luxembourg/Berlin, 28th October 2021. ADLER Group, S.A., a leading German, fully integrated residential real estate company is expanding its top management team in the area of project development. As of November 1, 2021, Dr. Bernd Schade will become Chief Development Officer (CDO) of Adler Group. He will also join Theo Gorens on the Executive Board of the Group company Consus Real Estate AG. Bernd Schade succeeds Jürgen Kutz.

As part of its strategic development, the Adler Group is focusing on residential properties in the top 7 cities in Germany. This includes the development of high-quality properties that will be transferred to the portfolio after completion (build-to-hold).

"We are very pleased to have Bernd Schade, a renowned and experienced project developer, with Adler Group. With his expertise and proven management skills, he will make a significant contribution to successfully advancing the Group's projects," says Thierry Beaudemoulin, Co-CEO of the Adler Group. "We would like to express our sincere thanks to Jürgen Kutz for many years of successful work, especially for Consus and since the merger for the Adler Group."

Bernd Schade has decades of experience in project development and project management of real estate projects throughout Germany. Most recently, he was member of the Management Board of Bauwert AG, where he was primarily responsible for commercial real estate project development and investment. Prior to that, he held management positions at Union Investment and was a member of the management board and responsible for the Real Estate division at Breuninger.


28.10.2021 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de

Language:

English

Company:

Adler Group S.A.

1B Heienhaff

1736 Senningerberg

Luxemburg

Phone:

+352 278 456 710

Fax:

+352 203 015 00

E-mail:

investorrelations@adler-group.com

Internet:

www.adler-group.com

ISIN:

LU1250154413

WKN:

A14U78

Indices:

SDAX, FTSE EPRA/NAREIT Global Index, FTSE EPRA/NAREIT Developed Europe Index, FTSE EPRA/NAREIT Germany Index

Listed:

Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange; London, Luxembourg Stock Exchange, SIX

EQS News ID:

1244405


 

End of News

DGAP News Service

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