publity AG
publity AG: publity records sales success for office property at Dortmund Airport
DGAP-News: publity AG
/ Key word(s): Disposal
Press Release publity records sales success for office property at Dortmund Airport With the profitable sale, publity realises the increases in value of the property achieved through asset management. During the four-year holding period, publity was able, among other things, to extend important tenancy agreements and significantly increase the occupancy rate. Negotiations are also currently taking place on the long-term extension of a tenancy agreement. Built in 1999 and acquired by publity in 2016, the property is almost fully let and has a total rental area of almost 6,700 square metres. The main tenant in the property is Gastro-Hero, a retailer of catering technology. Brockhoff & Partner Immobilien acted as intermediary in the transaction. Frank Schneider, COO of the publity AG: “Wir freuen uns über den erfolgreichen Verkauf der Multi-Tenant-Büroimmobilie am Flughafen Dortmund. The property impresses with its very good connections to long-distance and regional transportation and its favourable location in relation to Dortmund Airport. Thanks to our efficient asset management, we have succeeded in optimising the property and leveraging potential. The profitable sale of the property speaks for the good choice of location and the quality of the property”.
About publity publity AG (“publity”) is an asset manager and investor specialised in office real estate in Germany. The company covers the core of the value chain from the acquisition to the development and the sale of real estate. With over 1,100 transactions in the past seven years, publity is one of the most active players in the real estate market. Currently, the company manages a portfolio with a value of over five billion euros. publity is characterized by a sustainable network in the real estate industry and in the Work-Out departments of financial institutions. With very good access to investment funds, publity handles transactions rapidly with a highly efficient process and proven partners. On a case-by-case basis, publity participates as co-investor in joint venture transactions to a limited extent. The shares of publity AG (ISIN DE0006972508) are traded on the Scale segment of Deutsche Börse.
22.05.2020 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: | 1053271 |
End of News | DGAP News Service |