21.03.2017
publity AG DE0006972508
publity acquires 'Marktkarree' shopping center in Langenfeld
DGAP-Media / 21.03.2017 / 09:00
Leipzig/Langenfeld, 21 March 2017 - publity AG (Entry Standard, ISIN
DE0006972508) has acquired the "Marktkarree" shopping center in Langenfeld,
which was built in 2008. This property has a total of 11,300 m2 of usable
space, including office, retail and residential units. Marktkarree is
located in the high-traffic pedestrian zone in Langenfeld, in direct
proximity to the much-loved market square, and is the 583rd property in
publity's portfolio.
The shopping center was built on a plot of approx. 5,700 m2, and its usable
space comprises 6,900 m2 of retail space, 1,400 m2 of office space, 1,300 m2
of residential space and 1,700 m2 of warehouse and catering space. There are
also 159 underground car parking spaces.
Langenfeld is located between Leverkusen and Düsseldorf and has optimum
connections to the Rhine-Ruhr region thanks to its public transport and road
links. The town has now become home to a large number of commuters thanks to
its attractive rental prices. compared to the surrounding cities.
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.
"This property is characterised by its state-of-the-art fittings and 1A
location. Our manage-to-core approach and our asset management team will
allow us to rapidly realise the potential for additional value that this
property offers," commented Thomas Olek, publity AG's CEO.
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 (Scale DE0006972508)
are traded on Frankfurt Stock Exchange's Scale Standard.
End of Media Release
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Issuer: publity AG
Key word(s): Real estate
21.03.2017 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.
The DGAP Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Archive at www.dgap.de
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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
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