GxP German Properties AG

  • WKN: A2E4L0
  • ISIN: DE000A2E4L00
  • Land: Deutschland

Nachricht vom 23.12.2019 | 16:37

GxP German Properties AG: Conclusion of a property purchase agreement

GxP German Properties AG / Key word(s): Real Estate/Acquisition
GxP German Properties AG: Conclusion of a property purchase agreement

23-Dec-2019 / 16:37 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.


A subsidiary of GxP German Properties AG today concluded a contract for the purchase of an office property in Hanover. The property is the neighbouring plot of land of a property already owned by the GxP Group. The purchase will allow the existing property portfolio to be further optimized. The property has a rentable area of around 4,700 sqm and is fully let. The agreed purchase price amounts to a mid single-digit million euro amount. The transaction is expected to be completed by the end of the first quarter of 2020.

23-Dec-2019 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
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