ADLER Real Estate AG engages in the acquisition, management and sale of residential and commercial properties. It operates through the following segments: Rental, Brack Capital Properties N.V. (BCP) and Other. The Rental segment includes management of residential units held in the portfolio in technical and commercial terms and expenses for craftsmen and caretaker services which are provided by the group internal facility management. The BCP segment owns a property portfolio of residential units, commercial space and project development. The Other segment comprises of historic holdings relating to development projects that are still in the process of being sold off. The company was founded by Heinrich Kleyer in 1880 and is headquartered in Berlin, Germany.