DGAP-News

publity grows assets under management from EUR 1.6 billion to EUR 3 billion and expands NPL portfolio to EUR 2.4 billion in 2016

DGAP-News: publity AG / Key word(s): Preliminary Results/Acquisition
publity grows assets under management from EUR 1.6 billion to EUR 3 billion
and expands NPL portfolio to EUR 2.4 billion in 2016

10.01.2017 / 09:00
The issuer is solely responsible for the content of this announcement.

---------------------------------------------------------------------------


Leipzig, 10 January 2017 - As forecast at the start of last year, publity
AG (Entry Standard, ISIN DE0006972508), an investor and asset manager for
German office properties, almost doubled its assets under management (AuM)
in 2016 by around EUR 1.4 billion to a total of EUR 3 billion. At the same
time, the company confirms its guidance to increase AuM to around EUR 5
billion by the end of 2017. This forecast is based primarily on existing
investment commitments from successful partnerships with institutional
investors and publity's extensive property pipeline.

The strong growth in assets under management also provides a substantial
boost to publity's recurring income from asset management contracts.
publity also receives a finders' fee for the acquisition of real estate and
then participates in the profitable sale of joint venture properties.

In 2016, publity also won several high-volume contracts for the sale of
non-performing real estate loans, mainly from major German banks, boosting
its NPL portfolio to total receivables of EUR 2.4 billion and making it the
largest NPL servicer in Germany. Complementing publity's core business of
co-investments under joint venture agreements, this segment will continue
to be the second pillar of the company's business model and contribute to
its planned further growth.


Press contact:
Financial press and Investor Relations:
edicto GmbH
Edicto GmbH, Axel Mühlhaus, Peggy Kropmanns
Phone: [phone]
E-mail: [e-mail]


About publity
publity AG is an asset manager specialising in office properties in
Germany. The company covers a broad value chain, from purchases through to
the development and sale of the properties, and also has a track record of
several hundred successful transactions. publity is characterised by its
strong network in the real estate sector as well as banks' Work Out
departments, and has excellent access to funding. The company has excellent
access to investment funds and executes its transactions quickly using a
highly efficient process with tried and trusted partners. In some cases,
publity acts as a co-investor in joint venture transactions to a limited
extent. publity AG's shares (ISIN DE0006972508) are traded on Frankfurt
Stock Exchange's Entry Standard.


---------------------------------------------------------------------------

10.01.2017 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

---------------------------------------------------------------------------

535113 10.01.2017