21.12.2015
TLG IMMOBILIEN AG DE000A12B8Z4
DGAP-News: TLG IMMOBILIEN lets 2,200 sqm of office space to 1&1
DGAP-News: TLG IMMOBILIEN AG / Key word(s): Contract/Real Estate
TLG IMMOBILIEN lets 2,200 sqm of office space to 1&1
21.12.2015 / 08:30
The issuer is solely responsible for the content of this announcement.
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Press release
TLG IMMOBILIEN lets 2,200 sqm of office space to 1&1
- Lease commences in April 2016
- Lease term: four years, with option
- 1&1 thus uses 3,200 sqm in property at Alexanderstraße 3, 5
Berlin, 21 December 2015 - 1&1 Internet SE, a leading DSL and mobile
communications provider in Germany, is expanding its presence at its
existing Berlin location at Alexanderstraße 3, 5, 10178 Berlin. The
expanded lease agreement was signed last week. The company has occupied
approx. 1,000 sqm of office space in TLG IMMOBILIEN AG's property since
December 2014. Beginning in April 2016, 1&1 is expanding its let space by a
further 2,200 sqm on the second storey. The lease agreement for the office
space, now totalling approx. 3,200 sqm, has a four-year term with an option
for renewal.
"This underscores the increasing attractiveness of Alexanderplatz as office
location in Berlin", said Sven Graven, Head of TLG IMMOBILIENAG's North
branch office.
The majority of TLG IMMOBILIEN's office property portfolio is located in
Berlin. Additional office property portfolios are located mainly in
regional economic centres such as Dresden, Leipzig and Rostock. Tenants for
the Company's office properties are primarily economically strong private
companies and publicly owned entities.
Contact
Christoph Wilhelm Sven Annutsch Corporate Communications Investor Relations Phone: +49 30 2470 6355 Phone: +49 30 2470 6089 E-Mail: [email protected] E-Mail: [email protected]About TLG IMMOBILIEN TLG IMMOBILIEN AG is a stock exchange-listed leading commercial real estate company focusing on Berlin and growth regions in Eastern Germany. For over 20 years, TLG IMMOBILIEN has been synonymous with real estate expertise in Germany's East. TLG IMMOBILIEN generates stable rental income and exhibits low vacancy rates, very good building stock and profits from its local employees' excellent market knowledge. As an active portfolio manager, TLG IMMOBILIEN is specialised in commercial properties for office and retail use. TLG IMMOBILIEN focuses on managing a high-quality portfolio of office properties in Berlin and other regional economic centres, as well as a regionally diversified portfolio of retail properties in highly frequented micro locations. The portfolio also includes five hotels in Berlin, Dresden and Rostock. TLG IMMOBILIEN's properties stand out not only due to their excellent locations but also because of their very long-term rental or lease agreements. As at 30 September 2015, the value of the properties under IFRS totalled EUR 1.767bn. As at the same reporting date, the EPRA Net Asset Value per share amounted to EUR 16.90. --------------------------------------------------------------------------- 21.12.2015 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 --------------------------------------------------------------------------- Language: English Company: TLG IMMOBILIEN AG Hausvogteiplatz 12 10117 Berlin Germany Phone: 030 - 2470 - 50 Fax: 030 - 2470 - 7337 E-mail: [email protected] Internet: www.tlg.de ISIN: DE000A12B8Z4 WKN: A12B8Z Indices: SDAX Listed: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Stuttgart End of News DGAP News Service --------------------------------------------------------------------------- 425073 21.12.2015
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