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DGAP-Adhoc: GxP German Properties AG: Conclusion of a property purchase agreement

eqs_en 
0 0 23.12.19
DGAP-Adhoc: GxP German Properties AG: Conclusion of a property purchase agreement
 

DGAP-Ad-hoc: GxP German Properties AG / Key word(s): Real Estate/Acquisition
GxP German Properties AG: Conclusion of a property purchase agreement

23-Dec-2019 / 16:37 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

A subsidiary of GxP German Properties AG today concluded a contract for the purchase of an office property in Hanover. The property is the neighbouring plot of land of a property already owned by the GxP Group. The purchase will allow the existing property portfolio to be further optimized. The property has a rentable area of around 4,700 sqm and is fully let. The agreed purchase price amounts to a mid single-digit million euro amount. The transaction is expected to be completed by the end of the first quarter of 2020.

23-Dec-2019 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de
Language: English
Company: GxP German Properties AG
Oudenarder Str. 16
13347 Berlin
Germany
Phone: +49 (0) 30 263 91 44 0
Fax: +49 (0)30 263 91 44 99
E-mail: [email protected]
Internet: http://gxpag.com/
ISIN: DE000A2E4L00
WKN: A2E4L0
Listed: Regulated Unofficial Market in Dusseldorf, Frankfurt (Basic Board), Hamburg, Munich, Stuttgart
EQS News ID: 942845

 
End of Announcement DGAP News Service

942845  23-Dec-2019 CET/CEST

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EQS Group is a leading international provider of regulatory technology in the fields of corporate compliance and investor relations. In working with EQS Group, thousands of companies worldwide inspire trust by fulfilling complex national and international disclosure obligations, minimizing risks and communicating transparently with stakeholders.




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