Milestones

Here you will find an overview of key events from our company’s history.
March 2020ADO Properties acquires the majority in ADER und thus also in Westgrund. ADO Properties announces an voluntary takeover offer for the remaining shareholders.
December 2018ADLER Real Estate AG disposes of ist non-core rental units, 731 of which belong to WESTGRUND
August 2015The acquisition of the „Ajax“-portfolio comprising 2,000 residential units which had been signed already in 2014, became effective.
June
2015
ADLER Real Estate AG closes its takeover bid successfully and becomes the new majority shareholder owning nearly 95 percent of equity. As a consequence Westgrund AG files for revocation of admission to the regulated market with the Frankfurt stock exchange.
February
2015		ADLER Real Estate AG announces takeover bid for all shares of WESTGRUND AG
December
2014		WESTGRUND AG acquires further portfolio of nearly 2,800 residental units
September
2014		Largest capital increase in the history of the company successfully placed with gross value of Euro 140 million
July
2014		WESTGRUND Acquires 13,300 Flats from Berlinovo, Deal nearly triples the company's housing stock, bringing the total up to roughly 20,000 flats
January
2014		WESTGRUND purchases a further residential portfolio with 803 units and expands its housing stock to roughly 7,000 units
March
2013 		WESTGRUND acquires 1,085 apartments in Berlin and raises its housing stock to 5,000 units upon completion of the transaction.
January
2013 		Shareholder equity increased to EUR 20,549,667
2012WESTGRUND secures a total of more than 2,000 apartments and doubles its housing stock as a result.
2012Relocation from Remscheid to Berlin
2012Wecken & Cie. holds 49.71% of WESTGRUND AG's shares
June
2012		Shareholder equity increased to EUR 18,681,517 (largest cash capital increase in the company's history)
December
2011		Shareholder equity increased to EUR 11,413,20 (cash capital increase)
September
2010		Shareholder equity increased to EUR 10,375,750 (cash capital increase), share placement with real estate expert Klaus Wecken, who now owns 25 per cent of the shares.
June
2008		Share capital increased to EUR 9,432,500
July
2007		Share capital increased to EUR 8,302,00
December
2006		The Leffin family, entrepreneurs from Cologne, becomes involved. Via a capital increase in kind, Immoleto GmbH is incorporated into WESTGRUND AG. As new majority shareholder they have 22% of the shares.
August
2006		Marivag AG waives liabilities of EUR 6.5 million – all of WESTGRUND's assets become debt-free. Following a secondary share placement, Marivag holds approximately 23% of share capital.
2006The private Swiss Asset Manager Marivag AG becomes majority shareholder, holding roughly 75% of shares.
2000Privatbankhaus Lampe takes over more than 75% of the share capital
2000Shares listed for trading in Frankfurt
1998Shares launched on the regulated North Rhine-Westphalian Stock Exchange in Dusseldorf
1990Incorporation