Press Release

publity AG: First Berlin confirms recommendation to buy publity share and raises price target to 44.00 euros

Frankfurt - 05.06.2019 First Berlin Equity Research has confirmed the buy recommendation for the publity AG share (Scale, ISIN DE0006972508) in a research update and raised the price target from 30.00 Euro (published on January 10, 2019) to 44.00 EUR.

In the analysis published today, the analyst positively evaluates publity's forecast of an increase in IFRS consolidated net income in 2019 from EUR 24.6 million to around EUR 50 million due to the successful development of asset management and the company's own real estate portfolio, among other things. The related planned rental income is also assessed positively in the Research Report.

First Berlin Research will continue its coverage of publity shares in the future. The update can be found in the Investor Relations section of the website www.publity.org.

Press Contect:
Finanzpresse und Investor Relations:
edicto GmbH
Axel Mühlhaus/ Peggy Kropmanns
Phone: +49 69 905505-52
email: [email protected]

About publity
publity AG is an asset manager and investor specialized in office real estate in Germany. With the asset management of real estate and the realisation of non-performing loans (NPL), the company has a solid basis for various market phases. Since 2018, publity has also been building up its own portfolio of selected office properties, benefiting fully from value increases of the properties.

publity covers a broad value chain from the acquisition to the development to the sale of the properties and has a track record of several hundred successful transactions. publity distinguishes itself through a sustainable network in the real estate sector as well as in the work out departments of financial institutions, has very good access to investment funds and handles transactions quickly using a highly efficient process with 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.