4investors | Börsen-News | Adhoc- und Unternehmensnews | Consus Real Estate AG

DGAP-News: Consus Real Estate obtains building permit for office development 'Franklin House' in Berlin

19.12.2018, 16:00:07 (www.4investors.de - in Kooperation mit DGAP - EQS Group):

DGAP-News: CONSUS Real Estate AG / Key word(s): Real Estate

Consus Real Estate obtains building permit for office development 'Franklin House' in Berlin
19.12.2018 / 16:00

The issuer is solely responsible for the content of this announcement.
Consus obtains building permit for office development 'Franklin House' in Berlin

Berlin, 19 December 2018 - Consus Real Estate AG ("Consus", ISIN DE000A2DA414, CC1) received the building permit from Berlin's Charlottenburg-Wilmersdorf authority to construct the office project 'Franklin House'.

A modern office building with a net floor area of 10,800 sqm spread over six floors and an upper storey will be developed. The property is located in the vicinity of the Berlin headquarters of the car manufacturers Porsche, VW, Audi and Mercedes in Charlottenburg. The start of construction will begin in February 2019 and is expected to be completed by mid-2020 once a forward sale agreement is signed. The project is already attracting considerable interest from institutional investors for a so-called forward purchase.

"The Berlin office market is experiencing a low availability of rental space and with our project we are developing some of the highly sought after space," said Michael Tockweiler, member of the extended management board of Consus. "The Franklin House will meet the highest technical and sustainability standards and is expected to be certified LEED Gold".

The modern office building, with its attractive appearance, central location and proximity to the city-west, is of high interest to potential tenants because the concept is based on a unique design grid that allows for a smart and flexible office use i.e. open space, individual and group offices. There will be an underground car park with 62 parking spaces for cars and 80 bicycle parking spaces.

Andreas Steyer, CEO of Consus, says: "Shortly after the acquisition of SSN Group AG, we kick-start with this building permit and are very pleased to add another milestone under the umbrella of Consus."

Consus Real Estate AG
Jan-Philipp Ansorg
Corporate Finance & Investor Relations

Consus Real Estate AG

Consus Real Estate AG ("Consus") a leading German property developer with c. EUR 10bn in properties under development. The focus of the Company's business activities lies on residential property in Germany's top nine economic cities. Consus specialises in the development of entire neighbourhoods ('quartiers') and standardised flats. The use of forward sales to institutional investors, the digitalisation of construction processes and industrial series production allow the Company to operate along the entire property development value chain. Consus implements projects - from the planning phase through to construction and transfer of ownership, as well as property management and the associated services - via its subsidiaries CG and SSN. Consus Real Estate AG's shares are listed in the Scale segment of Deutsche Börse AG and m:access segment of the Munich Stock Exchange and are traded on XETRA in Frankfurt, among others.

19.12.2018 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

CONSUS Real Estate AG

Kurfürstendamm 188-189

10707 Berlin

+49 (0)30 965 357 90 300
Regulated Unofficial Market in Dusseldorf, Frankfurt (Scale), Munich (m:access), Stuttgart, Tradegate Exchange

End of News
DGAP News Service

760467  19.12.2018 


Exklusiv-Berichte und Interviews aus der 4investors Redaktion:

VERIANOS-Vorstand Tobias Bodamer spricht im Interview mit der 4investors-Redaktion über Immobilien in Spanien und Deutschland, das Geschäftsmodell, Fonds und eine mögliche Anleihe-Emission.VERIANOS Real Estate: Immobilien mit überdurchschnittlich attraktiven Renditen


Exklusive Interviews und Analysen für Sie aus der 4investors-Redaktion!

Der Newsletter ist kostenlos. Sie können den Newsletter jederzeit wieder abbestellen. Wir speichern Ihre Mailadresse ausschließlich zum Versand des Newsletters und geben diese nicht weiter! Bitte beachten Sie unsere Datenschutzerklärung.

Weitere DGAP-News von Consus Real Estate AG

19.12.2019 - DGAP-News: Consus Real Estate AG: Änderung der Bedingungen der EUR 200.000.000 4,00 % Schuldverschreibungen fällig 2022 (ISIN DE000A2G9H97) vollzogen; Wandlungen werden künftig nach dem neugefassten Wandlungsmechanismus durchgeführt
18.12.2019 - DGAP-News: Consus Real Estate AG: S&P erhöht Rating-Ausblick auf „positiv” aufgrund neuer Minderheitsbeteiligung durch ADO Properties; „B” bestätigt.
15.12.2019 - DGAP-News: Consus Real Estate AG: Strategische Kooperationsvereinbarung unterzeichnet und strategische Beteiligung in Höhe von 22% durch Ado Properties S.A. erworben
15.12.2019 - DGAP-Adhoc: CONSUS Real Estate AG: Erwerb von 22,18% des Grundkapitals durch Ado Properties;Kaufoption bzgl. weiterer 50,97% Consus Aktien Mgl. späteres Angebot auf Aktien der Minderheitsaktionäre Strategische Kooperationsvereinbarung zw. der Ado Properties/CONSUS
12.12.2019 - DGAP-News: Consus Real Estate AG hatte ein erfolgreiches 3. Quartal 2019 - erneut mit starkem Wachstum und deutlicher Reduktion des Verschuldungsgrades

4investors-News zu Consus Real Estate AG

12.12.2019 - Consus Real Estate: „Sind gut positioniert”
18.10.2019 - Consus Real Estate: Frisches Geld zur Refinanzierung
15.10.2019 - Consus Real Estate legt Zahlen vor
12.09.2019 - Consus Real Estate: „Das erste Halbjahr 2019 war eine weitere wichtige Etappe”
19.06.2019 - Consus Real Estate: „Erwartungsgemäß in das Jahr 2019 gestartet”
27.05.2019 - Consus: Wichtige Fortschritte bei Stuttgart-Projekt
23.04.2019 - Consus Real Estate erweitert den Vorstand
17.04.2019 - Consus Real Estate: Unterm Strich bleibt wenig
21.01.2019 - Consus Real Estate: Neue Immobiliendeals
08.01.2019 - Consus Real Estate: Erfolg in Mannheim
20.12.2018 - Consus Real Estate: Ergebnis steigt, Verschuldung sinkt
15.11.2018 - Consus Real Estate: Dreistelliger Millionendeal für Kölner Projekt
07.11.2018 - Consus Real Estate übernimmt SSN Group - Milliardendeal
10.10.2018 - Consus Real Estate AG: „Zahlreiche Entwicklungsmeilensteine erreicht”
02.10.2018 - Consus Real Estate: Neues aus Berlin
24.09.2018 - Consus: Genehmigung für Frankfurt-Projekt
18.09.2018 - Consus übernimmt DIPLAN
06.08.2018 - Consus Real Estate stockt bei CG auf und verkauft GxP-Anteil
24.07.2018 - Consus Real Estate: Nicht mal die Hälfte aller Aktien platziert
23.07.2018 - Consus Real Estate: Aktionäre zeigen wenig Interesse