OREANDA-NEWS. ADO Properties S.A. (ISIN: LU1250154413) has been listed in the Prime Standard of the Frankfurt Stock Exchange since 23 July. A total of 22.8 million shares were placed in the IPO. The total issue volume, including greenshoe, was approximately €456 million. The initial listing price was €20,10; the issue price €20,00.

UBS and Kempen & Co are joint global coordinators, joint bookrunners and act as designated sponsors. Specialist is Oddo Seydler Bank AG.

According to information provided by the company, ADO Properties is a pure-play Berlin-based residential real estate company with approximately 13,700 residential units. The portfolio of ADO Properties is focused on central locations in Berlin and attractive districts at the city’s outskirts.

New companies at the Frankfurt Stock Exchange 2015


Prime Standard: 9 companies

General Standard:    2 companies

Entry Standard:    2 companies