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publity AG
M&A Activity • Mar 14, 2017
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M&A Activity
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Media | 14 March 2017 09:06
publity AG acquires Oceon Work office building in Bremerhaven
DGAP-Media / 14.03.2017 / 09:06
Leipzig/Bremerhaven, 14 March 2017 – Leipzig-based publity AG has acquired the Oceon Work office building in Bremerhaven which offers almost 3,800 m 2 of office space from Kathmann Bauunternehmung GmbH u. Co. KG. This representative property was completed at the end of 2014.
The acquired office property forms part of a complex of new office and residential properties at the “Neuer Hafen” site. The property was completed at the end of 2014 by the project development company Kathmann Projekte GmbH and has six full floors with flexible office space, floor-length window elements and a spacious entrance hall.
The property is part of the first construction stage and offers rental space of approx. 3,800 m 2 with 26 underground and 27 outdoor parking spaces. The main tenants are Wind MW GmbH and Nördlicher Grund GmbH, which operate in the renewable energy and offshore sectors.
The property’s location in the “Neuer Hafen” area and thus the entrance to the North Sea makes it one of the most attractive properties that Bremerhaven has to offer. The main station as well as public transport can be reached by foot. Bremerhaven is one of Europe’s largest harbour cities and is one of Germany’s key export centres thanks to its international port. Bremerhaven is linked to Bremen via the A27 motorway.
“We have acquired a state-of-the-art office property in a 1A location in Bremerhaven in the form of Oceon Work,” commented Thomas Olek, publity AG’s CEO.
The law firm CMS Hasche Sigle, with a team headed by its Lead Partner Frank Schneider, is responsible for end-to-end legal consulting for the transaction, including project management and legal due diligence. Albrings + müller ag was responsible for technical project organisation and preparing technical due diligence.
Financial press and Investor Relations:
edicto GmbH
Axel Mühlhaus, Peggy Kropmanns
Phone: +49 69 905505-52
E-mail: [email protected]
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 strong network in the real estate sector as well as banks’ Work Out departments, and has excellent access to funding. The company has excellent access to investment funds and executes its transactions quickly using a highly efficient process with tried and trusted partners. 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 scale.
End of Media Release
Issuer: publity AG
Key word(s): Real estate
14.03.2017 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.
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| Language: | English |
| Company: | publity AG |
| Landsteinerstr. 6 | |
| 04103 Leipzig | |
| Germany | |
| Phone: | 0341 26178710 |
| Fax: | 0341 2617832 |
| E-mail: | [email protected] |
| 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 |