Media | 14 June 2017 12:59
publity guides its asset management mandate with the successful sale of the office property ‘Kontorhaus’ in Frankfurt / Main
|
The 7-storey property was built in 1994. The property is on a 1,400 sq.m. plot and offers almost 6,400 sq.m. of space. At 8.3 Km, the Mainzer Landstraße is the second longest road in Frankfurt and only a few kilometres away from the new owner’s German HQ. Offering an attractive location on the central connecting axis between the city centre and westerly parts of the city. Within the immediate vicinity of the property, the new “Europaviertel” can be found – offering hotels, housing and shopping. “Once again, thanks to our successful asset management, we have achieved an increase in value and are able to realise it through a profitable sale. Of course, our network and expertise in the site selection have had a very positive impact. The “Mainzer Landstraße” is one of the top addresses in the “Main” area. The sold property is located in a central and high profile location and is therefore of great interest to core investors,” says Thomas Olek, CEO of publity AG.
Press Contact: Finanzpresse und Investor Relations: edicto GmbH Axel Mühlhaus/ Peggy Kropmanns Telefon: +49 69 905505-52 E-Mail: publity@edicto.de
publity AG is an asset manager specialised in German office real estate. The company covers a broad value chain from acquisition to development through to the sale of real estate and has a track record of several hundred successful transactions. publity is characterized by a strong network in the real estate sector as well as by the work out departments of financial institutions, has very good access to investment resources and conducts transactions quickly with a highly efficient process with proven partners. As a co-investor, publity is, to a limited extent, involved in joint venture transactions. The shares of publity AG (ISIN DE0006972508) are traded on the exchange segment of the German stock exchange. End of Media Release Issuer: publity AG Key word(s): Real estate
14.06.2017 Dissemination of a Press Release, transmitted by DGAP – a service of EQS Group AG.
|
| Language: | English |
| Company: | publity AG |
| Landsteinerstr. 6 | |
| 04103 Leipzig | |
| Germany | |
| Phone: | 0341 26178710 |
| Fax: | 0341 2617832 |
| E-mail: | info@publity.de |
| Internet: | www.publity.de |
| ISIN: | DE0006972508 |
| WKN: | 697250 |
| Listed: | Regulated Unofficial Market in Dusseldorf, Stuttgart, Tradegate Exchange; Open Market (Scale) in Frankfurt |
| End of News | DGAP Media |