DGAP-News Corestate subsidiary Hannover Leasing successfully places CityPalais in Duisburg - Seite 2

Nachrichtenquelle: EQS Group AG
20.11.2020, 07:05  |  118   |   |   

The CityPalais has 37,700 m² of rentable space and an underground car park with 649 parking spaces. With an occupancy rate of 97 per cent, it is almost fully let. Users include the City of Duisburg and a mix of office, restaurant and retail tenants. The adjoining Mercatorhalle with its more than 100-year history is home venue of the Duisburg Philharmonic Orchestra forms a cultural centre in the city and the Ruhr region. The retail spaces were significantly restructured between 2016 and 2018. The attractiveness of the property for tenants and customers has been significantly enhanced through extensive upgrading measures in the shopping centre.

Press contact
Jorge Person
T: +49 69 3535630-136 / M: +49 162 2632369

Investor relations contact
Mario Groß
T: +49 69 3535630-106 / M: +49 162 1036025

About CORESTATE Capital Holding S.A.

CORESTATE Capital Holding S.A. (CORESTATE) is an investment manager and co-investor with more than € 28 bn in assets under management. As a fully integrated real estate platform, CORESTATE offers its customers combined expertise in the areas of investment and fund management as well as property management services. The company operates as a respected business partner of institutional clients and wealthy private investors internationally. CORESTATE is headquartered in Luxembourg and has 42 additional offices in Frankfurt, London, Paris, Madrid, Zurich and Amsterdam, among others. The company employs around 800 people and is listed in the Prime Standard (SDAX) of the Frankfurt Stock Exchange. Please visit www.corestate-capital.com for further information.

Forward-looking statements

This press release may contain certain forward-looking statements based on current assumptions and forecasts made by our management. Various known and unknown risks, uncertainties and other factors could lead to material differences between the actual future results, financial position, development or performance of the Company and the estimates given here. These factors include those described in published reports. These reports are available on our website www.corestate-capital.com. The Company assumes no obligation whatsoever to update these forward-looking statements or to conform them to future events or developments. No inappropriate significance should be attached to forward-looking statements, which apply only to the date of this communication.

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DGAP-News Corestate subsidiary Hannover Leasing successfully places CityPalais in Duisburg - Seite 2 DGAP-News: Corestate Capital Holding S.A. / Key word(s): Real Estate Corestate subsidiary Hannover Leasing successfully places CityPalais in Duisburg 20.11.2020 / 07:05 The issuer is solely responsible for the content of this announcement. …

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