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DGAP-News: publity AG / Key word(s): Real Estate/Miscellaneous
publity AG successfully sells eight properties for "publity Performance Fonds" and achieves leasing success
Frankfurt, 22.09.2021- publity AG ("publity", Scale, ISIN DE0006972508) has successfully sold a total of eight office properties in its function as asset manager for the closed-end public AIFs "publity Performance Fonds Nr. 6", "publity Performance Fonds Nr. 7" and "publity Performance Fonds Nr. 8" managed by it. The buyer of the real estate portfolio is a German family office. The parties have agreed not to disclose the sale price.
The properties are multi-tenant and single-tenant properties in the Rhein-Main region, Cologne, the Stuttgart metropolitan region, Husum and Schleswig-Holstein with a total leasable area of 37,600 square meters. In addition, a letting success was achieved for a property in Mainz-Kastel from the "publity Performance Fonds Nr. 8". The tenant Flemming Dental extended its contract for a rental area of around 1,200 square meters for several years.
The seller was legally advised by CMS Hasche Sigle with a team led by Real Estate Partner Philipp Schönnenbeck from Düsseldorf.
Frank Schneider, CEO of publity AG, said: "We have successfully developed the properties in recent years and are delighted about the sale to a renowned investor. With this transaction, we once again demonstrate our expertise and good choice of location, even in economically challenging times."
22.09.2021 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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