publity AG

Regulatory Filings • Jun 14, 2017

News Details

Media | 14 June 2017 12:59

publity guides its asset management mandate with the successful sale of the office property ‘Kontorhaus’ in Frankfurt / Main

DGAP-Media / 14.06.2017 / 12:59

Leipzig / Frankfurt am Main, 14.06.2017 – publity AG (Scale, ISIN DE0006972508) after a 2.5 year holding period, has sold the office property “Kontorhaus” in the Mainzer Landstraße to the suiss Pecunia Real Estate AG successfully. Amongst others the Deutsche Bahn AG having rented the 528 th property of the publity portfolio to 100% and on a long term lease.

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

About publity

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.

The issuer is solely responsible for the content of this announcement.

The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.

Archive at www.dgap.de

---

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