Property

Create a free account with Business Times for seamless access across SPH Media products.

Property

Property Supplements

SUBSCRIBERS

Ado plans IPO to raise 400m euros

Published Tue, Jun 2, 2015 · 09:50 PM

Berlin

ADO Properties SA, a residential real estate investor focused on Berlin, plans to raise at least 400 million euros (S$598 million) in an initial public offering (IPO) this year.

Ado, whose parent company Ado Group Ltd is already traded in Tel Aviv, will sell shares on the Frankfurt exchange, Ado said on Tuesday. The company own…

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes