ADPPF - ADO Properties - Upside Potential Of 68% On Attractive Risk-Return Profile
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Summary
ADO Properties (ADJ ETR) is a Berlin residential landlord with 22.1k units in which around 1.4k commercial units are integrated. The company had its initial public offering at 20 EUR in 2015 with around 14k units and grew inorganically through acquisitions.
Over the past years Berlin experienced