DGAP-News: Deutsche Industrie REIT-AG acquires property in Simmern
DGAP-News: Deutsche Industrie REIT-AG / Key word(s): Acquisition
Deutsche Industrie REIT-AG acquires property in Simmern
21.08.2018 / 14:33
The issuer is solely responsible for the content of this announcement.
Deutsche Industrie REIT-AG acquires property in Simmern
Rostock, 20 August 2018 - Deutsche Industrie REIT-AG (ISIN DE000A2G9LL1) has acquired a production property in Simmern (Rheinland-Palatinate). The seller is TEIF Germany Simmern S.a.r.l., which is managed by M7 Real Estate as asset manager. The parties have agreed not to disclose the purchase price.
The mid-sized city Simmern near Koblenz is an important economic centre in the Rhein-Hunsrück county. The property is directly connected to the four-lane federal road Bundestraße 50, which allows for an immediate connection to the A61 close by. The long-standing tenant is a company which specialises in the construction of compressed air systems. The remaining term of the lease is 9 years. The rental space consists of almost 21,800 sqm and the annualised rental income is approx. EUR 1.0 million.
Detailed information about the German Industry REIT-AG can be found under:
http://www.deutsche-industrie-reit.de/
Contact:
Deutsche Industrie REIT-AG
Mr René Bergmann
August-Bebel-Str. 68
14482 Potsdam
Tel. +49 331 740 076 535
21.08.2018 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. Archive at www.dgap.de
Language:
English
Company:
Deutsche Industrie REIT-AG
Martin-Niemöller-Str. 23
18147 Rostock
Germany
Phone:
+49 331 740076 5 - 0
Fax:
+49 331 / 740 076 520
E-mail:
rb@deutsche-industrie-reit.de
Internet:
http://www.deutsche-industrie-reit.de
ISIN:
DE000A2G9LL1, DE000A2GS3T9
WKN:
A2G9LL, A2GS3T
Listed:
Regulated Market in Berlin; Regulated Unofficial Market in Frankfurt
End of News
DGAP News Service
716045 21.08.2018