DGAP-News: publity AG: publity with letting success for Quattrium office property in Ratingen
DGAP-News: publity AG
/ Key word(s): Real Estate/Contract
Press Release
publity had acquired the quattrium in Ratingen with a total rental space of almost 28,000 square metres as part of an asset management contract in 2016. The five-storey office building was built in 1993 and has around 600 underground parking spaces. Frank Schneider, COO of the publity AG: "We are pleased that we were able to achieve a long-term lease extension with an existing tenant. This underlines the quality of the property in Ratingen, which has many positive factors with its multi-tenant structure, flexible interior design and good location. The location is attractive due to the proximity to Düsseldorf and the very good traffic connections." Press Contact: Financial Press and Investor Relations: About publity publity AG ("publity") is an asset manager and investor specialised in office real estate in Germany. The company covers the core of the value chain from the acquisition to the development and the sale of real estate. With over 1,100 transactions in the past seven years, publity is one of the most active players in the real estate market. Currently, the company manages a portfolio with a value of over five billion euros. publity is characterized by a sustainable network in the real estate industry and in the Work-Out departments of financial institutions. With very good access to investment funds, publity handles transactions rapidly with a highly efficient process and proven partners. On a case-by-case basis, publity participates as co-investor in joint venture transactions to a limited extent. The shares of publity AG (ISIN DE0006972508) are traded on the Scale segment of Deutsche Börse.
31.10.2019 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG. |
Language: | English |
Company: | publity AG |
Opernturm, Bockenheimer Landstraße 2-4 | |
60306 Frankfurt am Main | |
Germany | |
Phone: | 0341 26178710 |
Fax: | 0341 2617832 |
E-mail: | [email protected] |
Internet: | www.publity.de |
ISIN: | DE0006972508, DE000A169GM5 |
WKN: | 697250, A169GM |
Indices: | Scale 30 |
Listed: | Regulated Unofficial Market in Dusseldorf, Frankfurt (Scale), Hamburg, Stuttgart, Tradegate Exchange |
EQS News ID: | 901545 |
End of News | DGAP News Service |
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901545 31.10.2019