Milestones
Here you will find an overview of key events from our company’s history.
March 2020 | ADO Properties acquires the majority in ADER und thus also in Westgrund. ADO Properties announces an voluntary takeover offer for the remaining shareholders. |
December 2018 | ADLER Real Estate AG disposes of ist non-core rental units, 731 of which belong to WESTGRUND |
August 2015 | The 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 |
2012 | WESTGRUND secures a total of more than 2,000 apartments and doubles its housing stock as a result. |
2012 | Relocation from Remscheid to Berlin |
2012 | Wecken & 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. |
2006 | The private Swiss Asset Manager Marivag AG becomes majority shareholder, holding roughly 75% of shares. |
2000 | Privatbankhaus Lampe takes over more than 75% of the share capital |
2000 | Shares listed for trading in Frankfurt |
1998 | Shares launched on the regulated North Rhine-Westphalian Stock Exchange in Dusseldorf |
1990 | Incorporation |