14.02.2017
publity AG DE0006972508
publity acquires fully-let office property in Muelheim an der Ruhr
DGAP-Media / 14.02.2017 / 10:08
Leipzig/Muelheim a.d. Ruhr, 14 February 2017 - publity AG (Entry Standard,
ISIN DE0006972508) has acquired a fully-let office property with 16,600 m²
in Muelheim an der Ruhr in the heart of Germany's Ruhrgebiet region. This
state-of-the-art building is let to tenants including the discount
supermarket chain Aldi Sued.
The 6-storey building was built in 1996/97 and has a modern, timeless
design. The property is located in the Saarn district of Muelheim, just
five minutes by car from the Ratingen-Breitscheid junction which connects
the A3 and A52 motorways. This means that the property has optimum
connections to local and long-distance traffic. This district also boasts
some of the highest incomes in Mülheim. In addition, the local recreation
area "Auberg" can be reached by foot.
The building's floor plan means that it is perfect for use as a multi-
tenant property. Current tenants include Aon, a leading global risk
management services provider and also an insurance and reinsurance broker,
the retailer Aldi Sued as well as enerson, a specialist for vertical
solutions for industries including the energy sector.
"Muelheim an der Ruhr is a perfect city for our investment strategy, thanks
to its location between the office markets of Essen and Duisburg. Our
manage-to-core approach means that we are confident that we will be able to
leverage the property's potential for increased value within a brief
period. This is the 580th property that we have acquired to date in
Germany," 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 Entry Standard.
End of Media Release
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Issuer: publity AG
Key word(s): Real estate
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of EQS Group AG.
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