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GORE German Office Real Estate AG: Sale of a commercial property in Krefeld
DGAP-News: GORE German Office Real Estate AG / Key word(s): Real Estate/Disposal
GORE German Office Real Estate AG: Sale of a commercial property in Krefeld |
The transaction was brokered by the real estate agency Vita Park GmbH & Co. KG and legally advised by the law firm White & Case LLP. REALITY Germany was legally advised by the commercial law firm Fieldfisher. The parties have agreed not to disclose the purchase price.
The sale of a further property in Germany is a further step in GORE's planned realignment with a focus on the attractive Luxembourg commercial real estate market. It is intended to contribute a
Luxembourg real estate and investment portfolio worth more than EUR 1 billion to the company.
About GORE
The GORE German Office Real Estate AG ("GORE") is a dynamically growing real estate investor with a focus on office properties in German conurbations. Using a manage-to-core approach, GORE acquires
properties in preferred locations at below market value wherever possible in order to sustainably enhance their value. Investment activities focus on properties with a market value of between EUR 1
and 15 million. Compared to other property sizes, this size class offers a less competitive market environment in terms of purchasing according to GORE estimates. GORE's aim is to generate
above-average value enhancement and return potential along the entire value chain, from acquisition through management to sale, together with its partners. The volume of the real estate portfolio
is expected to be multiplied by acquisitions in the coming years.
Press Contact:
edicto GmbH
Axel Mühlhaus/ Sonja Liebig
Eschersheimer Landstraße 42
60322 Frankfurt am Main
Phone +49(0) 69/905505-56
Mail gore@edicto.de
27.12.2021 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.
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Language: | English |
Company: | GORE German Office Real Estate AG |
Bockenheimer Landstraße 17-19 | |
60325 Frankfurt am Main | |
Germany | |
Phone: | 069 / 2714 74 038 |
E-mail: | info@gore-ag.de |
Internet: | www.gore-ag.de |
ISIN: | DE000A0Z26C8 |
WKN: | A0Z26C |
Listed: | Regulated Unofficial Market in Frankfurt, Munich (m:access) |
EQS News ID: | 1262487 |
End of News | DGAP News Service |
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1262487 27.12.2021