publity shows rental success in the office building 'K-LAN' in Dusseldorf
05.10.2017 (www.4investors.de) -
DGAP-Media / 05.10.2017 / 09:38
Leipzig / Dusseldorf, 05 October 2017 - publity AG (Scale, ISIN DE0006972508) achieved a rental success for the approx. 16,650 square meter "K-LAN" property in Dusseldorf. The real estate service provider and property manager GCM Gebäude- und Centermanagement GmbH, who are responsible for the property, have agreed a lease beginning 01.01.2018. Although GCM rents only about 400 square meters in the almost fully let asset, it means they are on-site for existing long-term tenants.
As integral provider, especially for commercial real estate management, they have been a publity AG partner for many years, having responsibility as property manager for several properties of the portfolio. The "K-LAN" office project will become the new headquarters of GCM.
"Close cooperation with the partners is a characteristic of publity AG. The fact that a long-term partner and service provider wishes to move into a publity property shows trust and confidence in our company, "says Thomas Olek, CEO of publity AG.
Finanzpresse und Investor Relations:
Axel Mühlhaus/ Peggy Kropmanns
Telefon: +49 69 905505-52
publity AG is an asset manager specialised in German office real estate. The company covers a broad value chain from acquisition to development through to the sale of real estate and has a track record of several hundred successful transactions. publity is characterised by a strong network in the real estate sector as well as by the work out departments of financial institutions, has very good access to investment resources and conducts transactions quickly with a highly efficient process with proven partners. As a co-investor, publity is, to a limited extent, involved in joint venture transactions. The shares of publity AG (ISIN DE0006972508) are traded on the exchange segment Scale of the German stock exchange.
End of Media Release
Issuer: publity AG
Key word(s): Real estate
05.10.2017 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
Regulated Unofficial Market in Dusseldorf, Stuttgart, Tradegate Exchange; Open Market (Scale) in Frankfurt
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