DGAP-News: GORE German Office Real Estate AG / Key word(s): Real Estate/Miscellaneous
GORE: Commercial property successfully sold in Grafing near Munich
Frankfurt/Main, 02 June 2021 - GORE German Office Real Estate AG ("GORE"; ISIN DE000A0Z26C8) has successfully sold a commercial property in Grafing. The property covering more than 4,000 square metres is located in the economically strong surroundings of Munich, which is about 30 kilometres from the Bavarian capital. The entire property is let to Nuvisan, an internationally active research institute.
The parties have agreed not to disclose the buyer or the purchase price. The transaction involves publity AG ("publity"; ISIN DE0006972508) in its capacity as asset manager for GORE and Neopolis Advisory from Berlin. publity acquired the commercial property in 2018 and has developed it continuously since then: In November 2020, Nuvisan had extended the tenancy agreement until 2035.
Jörg Reinhardt, CEO of GORE: "The sale of the commercial property in Grafing underpins
Frank Schneider, Chief Executive Officer at publity: "Despite the Corona pandemic, we managed to successfully develop the property in Grafing. Among other things, we optimised the tenancy agreement and extended the contract of the main tenant Nuvisan for another 15 years. The successful sale to a suitable buyer shows how strong our network is, especially in a challenging environment."
02.06.2021 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.
GORE German Office Real Estate AG
Bockenheimer Landstraße 17-19
60325 Frankfurt am Main
069 / 2714 74 038
Regulated Unofficial Market in Frankfurt, Munich (m:access)
EQS News ID:
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