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

Nachricht vom 19.12.201819.12.2018 (www.4investors.de) -


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."

Contact
Consus Real Estate AG
Jan-Philipp Ansorg
Corporate Finance & Investor Relations
j.-p.ansorg@consus.ag

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

Language:
English
Company:
CONSUS Real Estate AG

Kurfürstendamm 188-189

10707 Berlin


Germany
Phone:
+49 (0)30 965 357 90 300
E-mail:
info@consus.ag
Internet:
www.consus.ag
ISIN:
DE000A2DA414
WKN:
A2DA41
Listed:
Regulated Unofficial Market in Dusseldorf, Frankfurt (Scale), Munich (m:access), Stuttgart, Tradegate Exchange

 
End of News
DGAP News Service




760467  19.12.2018 











Aktuelle Nachrichten aus der 4investors-Redaktion

22.03.2019 - Software AG kündigt höhere Dividende an
22.03.2019 - cyan: „Bestätigen unsere Prognose für 2019”
22.03.2019 - Baader Bank will „schrittweise Profitabilität zurückgewinnen”
22.03.2019 - Ströer hebt die Dividende an
22.03.2019 - Wirecard: Ja dann macht es doch endlich! - Kommentar
22.03.2019 - Encavis hebt die Dividende an - „weiterhin voll im Plan”
22.03.2019 - Pyrolyx: Neue Aktien aus Wandlungen
22.03.2019 - Hapag-Lloyd erwartet für 2019 operatives Gewinnplus
22.03.2019 - SAF-Holland hält Dividende konstant - Bilanz vorgelegt
22.03.2019 - MS Industrie AG verkauft Teile des Daimler-Zuliefergeschäfts


Chartanalysen

22.03.2019 - Steinhoff Aktie: Das sind sehr interessante Beobachtungen!
22.03.2019 - Commerzbank Aktie hält wichtige Marke - Trendwende perfekt?
21.03.2019 - Wirecard Aktie: Achtung, neue Verkaufssignale!
21.03.2019 - Wirecard Aktie: Kommt der große Einbruch doch noch?
21.03.2019 - Wirecard Aktie: Platzt die nächste Bombe?
21.03.2019 - Bayer Aktie: Es kam, wie es kommen musste…
20.03.2019 - Bayer Aktie: Der Monsanto-Crash als Kaufgelegenheit?
20.03.2019 - Wirecard Aktie: Das sieht nicht gut aus!
20.03.2019 - Evotec Aktie: Jetzt! Endlich! Oder doch nicht?
20.03.2019 - Paragon Aktie: Die Luft wird verdammt dünn!


Analystenschätzungen

22.03.2019 - E.On und RWE: Kaufempfehlungen für die Aktien
22.03.2019 - DEAG Aktie: Kaufempfehlung bestätigt
22.03.2019 - Biofrontera Aktie: Starkes Aufwärtspotenzial
22.03.2019 - Scherzer Aktie: Experten wollen Modell bald überarbeiten
22.03.2019 - Geely Aktie: Geht hier was?
21.03.2019 - Bayer Aktie: Herausfordernde Zeiten
21.03.2019 - mVISE: Neues Kursziel für die Aktie
21.03.2019 - Fuchs Petrolub: Kaum noch Aufwärtspotenzial
21.03.2019 - BMW: Marge in der Kritik
21.03.2019 - Deutsche Post: Konkurrenz ermöglicht Veränderung


Kolumnen

22.03.2019 - Steiler Bund & fallende Renditen: „Japanische Verhältnisse“ in Europa - Donner & Reuschel Kolumne
22.03.2019 - Weltwassertag: Investment in eine knappe Ressource - AXA IM Kolumne
22.03.2019 - DAX: Korrektur weitet sich aus - UBS Kolumne
22.03.2019 - Gold: Erholung in Form einer bearishen Flagge - UBS Kolumne
22.03.2019 - Börse in Südkorea erholt sich nach schwächerem Jahresstart - Commerzbank Kolumne
22.03.2019 - DAX: Brexit, Brexit, Brexit - „Kaugummi“ zieht sich - Donner & Reuschel Kolumne
21.03.2019 - USA: Fed setzt Zinspause fort bis sich der konjunkturelle Nebel gelichtet hat - Nord LB Kolumne
21.03.2019 - Fed: Zinserhöhungen sind 2019 vom Tisch - VP Bank Kolumne
21.03.2019 - Commerzbank Aktie: Pullback oder Trendwende? - UBS Kolumne
21.03.2019 - DAX: Aufwärtstrend bekommt Gegenwind - UBS Kolumne

All Right Reserved by minimalthemes - ©2018 Stoffels & Barck GbR