DGAP-News: publity AG / Key word(s): Real Estate/Disposal
publity AG: Sale of a commercial property in North Rhine-Westphalia with long-term tenant
Frankfurt/Main, 16.12.2020 - In its capacity as asset manager, publity AG (Scale, ISIN DE0006972508, "publity") successfully sold a commercial property in Waltrop, North Rhine-Westphalia, with a plot size of 25,000 square metres in mid-December. The parties agreed not to disclose the purchase price. The property, acquired by publity around two years ago and successfully managed as an asset manager, is bundled in the existing portfolio of GORE German Office Real Estate AG (ISIN DE000A0Z26C8), an indirect subsidiary of publity.
The average remaining term of the leases is just under 13 years, with a current occupancy rate of 91.1%. The main tenant of the commercial property is the internationally active research institute Nuvisan GmbH, which carries out legally required drug studies on behalf of the pharmaceutical industry. In early November 2020, Nuvisan had extended its tenancy agreement until 2035.
The real estate service provider Brockhoff acted as sales agent in the transaction.
16.12.2020 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.
Opernturm, Bockenheimer Landstraße 2-4
60306 Frankfurt am Main
Regulated Unofficial Market in Dusseldorf, Frankfurt (Scale), Hamburg, Stuttgart, Tradegate Exchange
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