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publity AG

Capital/Financing Update Nov 10, 2015

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Capital/Financing Update

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News Details

Corporate | 10 November 2015 08:51

publity considers additional financing options for accelerated growth

DGAP-News: publity AG / Key word(s): Financing

2015-11-10 / 08:51


Press Release

publity considers additional financing options for accelerated growth

Leipzig, 10 November 2015 – publity AG (Entry Standard, ISIN DE0006972508), an investor and asset manager in commercial real estate in Germany, considers additional funding opportunities via the capital market in order to accelerate growth. The company intends to use emerging opportunities in the commercial property market and to quickly acquire further profitable properties showing potential for additional value growth in German metropolitan areas. publity has an extensive project pipeline and explores – in addition to existing financial commitments from several international investors – further possibilities with regards to a diversified funding.

publity has already significantly expanded its portfolio with attractive commercial properties during the previous quarters and manages real estate assets worth more than EUR 1 billion. Recently, publity raised its forecast for the full year 2015 due to the positive business performance. Thus, the company expects an increase in assets under management to EUR 1.6 billion for the current year. The target value amounts to around EUR 5 billion by the end of 2017, which represents a ten-fold increase in comparison to the end of 2014 (EUR 0,5 billion).

Thomas Olek, CEO of publity AG, comments: ,Due to our strong network, many years of experience and particularly due to the high transaction speed when buying property in particular, we benefit from excellent access to attractive real estate properties. We are one of the fastest growing asset managers within the German commercial real estate market and have a strong deal pipeline. We intend to increase our pace of investment and therefore check for additional financing options.’

Press contact:

Financial Press and Investor Relations:

edicto GmbH

Axel Mühlhaus/ Peggy Kropmanns

Telephone: +49 69 905505-52

E-Mail: [email protected]

About publity

publity AG is an asset manager specialising in commercial real estate in Germany. The company covers a wide value chain, from acquisitions to development through the sale of real estate and has a track record of several hundred successful transactions. publity stands out by having a strong network in the real estate sector and in the Work Out departments of financial institutes. It also has excellent access to investment resources and uses a highly efficient process to swiftly handle transactions from proven partners. Occasionally, publity acts as a co-investor in a limited number of joint venture transactions. publity’s shares (ISIN DE0006972508) are traded in the Entry Standard of Frankfurt Stock Exchange.


2015-11-10 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.

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

Media archive at www.dgap-medientreff.de and www.dgap.de


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