Media | 4 May 2016 12:11

publity Performance Fonds Nb. 7 acquires modern office property at Dortmund Airport

DGAP-Media / 2016-05-04 / 12:11

publity Performance Fonds Nb. 7 acquired a modern office and administration property with a size of 6,655 sqm in the Airport City of the Dortmund airport. The area belongs to the municipality of Holzwickede. The property’s appeal lies in its modern facilities and the ideal connection to local and long-distance transport.

The object was erected in 1999 and is nearly completely leased to seven different enterprises. It is situated in the Airport City, i.e in the center of the Gewerbegebiet Nord (Northern commercial area). In front of the two parts of the building, a total of 130 outdoor parking spaces is available.

The municipality of Holzwickede is located at the Eastern edge of the Ruhr Basin, with a direct border to Dortmund, and belongs to the district of Unna. The motorways A44 and A1 are very close to the property and can be reached after just a few kilometers on the main road B1. Dortmund airport is only a few hundred meters away.

“Due to its multi-tenant structure and ideal traffic access, this property perfectly fits in with the acquisition policy of our public AIF”, says Frederik Mehlitz, managing director of publity Performance GmbH, the investment management company of publity AG.

A team of the law firm CMS Hasche Sigle headed by lead partner Frank Schneider rendered comprehensive legal advice on the transaction, including but not limited to the project management and the legal due diligence review. albrings + müller AG was responsible for the technical project organization and the drafting of the technical due diligence report.

Press contact:
Financial press and investor relations:
edicto GmbH
Axel Mühlhaus/Peggy Kropmanns
Telephone: +49 69 905505-52
E-Mail: publity@edicto.de

About publity
publity AG is an asset manager specialising in office properties in Germany. The company covers a broad value chain, from purchases through to the development and sale of the properties, and also has a track record of several hundred successful transactions. publity is characterised by its sustainable network in the real estate sector as well as banks’ Work Out departments, and has excellent access to funding. The company executes its transactions quickly using a highly efficient process with tried and trusted parters. In some cases, publity acts as a co-investor in joint venture transactions to a limited extent. publity AG’s shares (ISIN DE0006972508) are traded on Frankfurt Stock Exchange’s Entry Standard.

End of Media Release

Issuer: publity AG
Key word(s): Real estate

2016-05-04 Dissemination of a Press Release, transmitted by DGAP – a service of EQS Group AG.
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