publity AG
publity AG: Commercial property sold in Bad Homburg with Deutsche Bahn as main tenant
DGAP-News: publity AG
/ Key word(s): Disposal/Real Estate
publity AG: Commercial property sold in Bad Homburg with Deutsche Bahn as main tenant Frankfurt, 03.03.2021- publity AG (Scale, ISIN DE0006972508, “publity”) has successfully sold an office property in Bad Homburg in its position as asset manager. The parties have agreed not to disclose the purchase price or the buyer. The office building provides a total lettable area of just under 5,200 square metres and is situated in a centrally located commercial area of Bad Homburg, just outside Frankfurt/Main. In the immediate vicinity of the property are, among other things, the renowned educational institution accadis Bildung with its range of courses from kindergarten to university degrees, as well as the A 5 motorway connection. publity acquired the property in 2017 and has since successfully developed it; the main tenants include Deutsche Bahn and a major air conditioning manufacturer. The office property is in the asset portfolio of GORE German Office Real Estate AG (ISIN DE000A0Z26C8), an indirect subsidiary of publity AG. Frank Schneider, Executive Board member of publity: “With the successful sale of the commercial property in Bad Homburg, we were once again able to prove that we cover the entire value chain in real estate development. The property is particularly appealing due to its excellent location. For instance, not only the major city of Frankfurt/Main is close to the property. Bad Homburg itself also counts as a highly attractive location in the Rhine-Main region.” Press Contact: About publity
03.03.2021 Dissemination of a Corporate News, transmitted by DGAP – a service of EQS Group AG. |
Language: | English |
Company: | publity AG |
Opernturm, Bockenheimer Landstraße 2-4 | |
60306 Frankfurt am Main | |
Germany | |
Phone: | 0341 26178710 |
Fax: | 0341 2617832 |
E-mail: | info@publity.de |
Internet: | www.publity.de |
ISIN: | DE0006972508, DE000A169GM5 |
WKN: | 697250, A169GM |
Indices: | Scale 30 |
Listed: | Regulated Unofficial Market in Dusseldorf, Frankfurt (Scale), Hamburg, Stuttgart, Tradegate Exchange |
EQS News ID: | 1172662 |
End of News | DGAP News Service |