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PREOS Global Office Real Estate & Technology
Regulatory Filings • May 7, 2020
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Regulatory Filings
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Corporate | 7 May 2020 10:21
PREOS Real Estate AG: Continued full occupancy in Essen property – University Hospital moves into recently vacated space
DGAP-News: PREOS Real Estate AG / Key word(s): Real Estate
07.05.2020 / 10:21
The issuer is solely responsible for the content of this announcement.
PREOS Real Estate AG: Continued full occupancy in Essen property – University Hospital moves into recently vacated space
Leipzig, 7 May 2020 – PREOS Real Estate AG (“PREOS”, ISIN DE000A2LQ850) has gained another renowned tenant for the approximately 100,000 square meter property in Essen through its asset manager publity. The University Hospital Essen has now leased around 3,000 square metres of office and storage space for five years, which had previously been temporarily used by the Karstadt department store group. As a result of the new contract with Essen University Hospital, all space in the property is now let once again.
The property in Essen-Bredeney has been part of the PREOS portfolio since 2019. One of the other largest tenants is the Essen police force, which has leased extensive space until 2028.
Frederik Mehlitz, CEO of PREOS Real Estate AG comments: “We are very pleased that due to the corona pandemic we were able to quickly provide the University Hospital Essen with office and storage space that was needed more urgently than ever. At the same time, by concluding the new tenancy agreement, we are securing full occupancy for our property in Essen. This is a testimony to our functioning network.”
About PREOS Real Estate AG
PREOS Real Estate AG (“PREOS”) is an active real estate investor focused on office properties. PREOS acts as an efficient management holding company. The acquisition focuses on office properties with development potential in German metropolitan regions. Value creation is generated by targeted asset management measures. Developed portfolio properties are sold in the event of adequate sales opportunities. The corporate strategy is to significantly expand the real estate portfolio through acquisitions in the coming years. The PREOS share (ISIN DE000A2LQ850) is listed in the over-the-counter segment m:access of the Munich Stock Exchange (PAG.MU) and on Xetra (PAG.DE). The company headquarters of PREOS is located in Leipzig.
Investor & Public Relations
edicto GmbH
Axel Mühlhaus
Eschersheimer Landstraße 42
60322 Frankfurt am Main
Phone +49(0) 69/905505- 52
Mail: [email protected]
07.05.2020 Dissemination of a Corporate News, transmitted by DGAP – a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
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| Language: | English |
| Company: | PREOS Real Estate AG |
| Landsteinerstraße 6 | |
| 04103 Leipzig | |
| Germany | |
| Phone: | 0341 261787790 |
| E-mail: | [email protected] |
| Internet: | www.preos.de |
| ISIN: | DE000A2LQ850 |
| WKN: | A2LQ85 |
| Listed: | Regulated Unofficial Market in Frankfurt, Munich |
| EQS News ID: | 1038435 |
| End of News | DGAP News Service |