publity acquires technical college for public administration in Duisburg
|
This contemporary building is located right beside the "S-Bahn" (local train) station in Duisburg-Großenbaum to the south of the city, and can be easily reached via the A524, A3 and A59 motorways. The property also boasts 250 car parking places.
Duisburg has 491,000 inhabitants and is the fifth largest city in North Rhine-Westphalia and is located in the West of the Ruhrgebiet region. The city is currently transitioning to become a service location. In addition, well-known companies such as ThyssenKrupp, Franz Haniel, RheinfelsQuellen and Mitsubishi Hitachi Power Systems are located here.
The law firm CMS Hasche Sigle, with a team headed by its Lead Partner Frank Schneider, is responsible for end-to-end legal consulting for the transaction, including project management and legal due diligence.
"The Ruhrgebiet region is benefiting from strong rent increases and higher prices in the neighbouring cities of Düsseldorf and Cologne. Duisburg in particular has also become a much sought-after office location thanks to its proximity to Düsseldorf airport and its location in the Rhein-Ruhr region," commented Thomas Olek, publity AG's CEO.
Press contact:
Financial press and Investor Relations:
edicto GmbH
Axel Mühlhaus, Peggy Kropmanns
Phone: +49 69 905505-52
Email: publity@edicto.de
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 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 Deutsche Börse's Scale segment.
End of Media Release
Issuer: publity AG
Key word(s): Real estate
16.05.2017 Dissemination of a Press Release, 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: | publity AG |
Landsteinerstr. 6 | |
04103 Leipzig | |
Germany | |
Phone: | 0341 26178710 |
Fax: | 0341 2617832 |
E-mail: | info@publity.de |
Internet: | www.publity.de |
ISIN: | DE0006972508 |
WKN: | 697250 |
Listed: | Regulated Unofficial Market in Dusseldorf, Stuttgart, Tradegate Exchange; Open Market (Scale) in Frankfurt |
End of News | DGAP Media |
|
574041 16.05.2017