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Adler s Shock Ruling Turns Up Heat on Landlord s Selloff Plan

Adler s Shock Ruling Turns Up Heat on Landlord s Selloff Plan
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European Landlords Want to Sell, But Buyers Are on Strike

Europe’s biggest public landlords are planning major asset sales as they look to slash debt. Their timing could hardly be worse.

Nova scotiaCity ofUnited kingdomJulian livingstoneStefan kirstenIlija batljanSamhallsbyggnadsbolageti nordenHerwig teufelsdorferMark allanThierry beaudemoulinBrack capital propertiesAdler groupLand securities group plcBlackstone incDeutsche bankRoyal bank

Adler says it will remain shut out of financial markets until audit completed

FRANKFURT (Reuters) - German landlord Adler will remain shut out of banking and capital markets until its financial statements have been audited, the .

Stefan kirstenZuzanna szymanskaKirsten donovanMiranda murrayFraser perring viceroy researchFraser perringViceroy researchChairman stefan kirsten

Forensic audit of Adler SA stops short of alleging fraud

A report from KPMG did find accounting irregularities and an opaque system of consulting fees at the troubled German real estate company, however.

Nordrhein westfalenCevdet canerStefan kirstenMark benbowFraser perringKrisztian bocsi bloombergAdler groupFraser perring viceroy researchAdler group sa uberlinCitigroup incChairman stefan kirstenViceroy researchAggregate holdingsAdler real estateGerman bafin