publity guides its asset management mandate with the successful sale of the office complex 'Economic Center' in Hamburg to BlackRock Ltd.
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The complex, consisting of two linked buildings, extends from the basement over six upper floors with a large showroom. The property is part of a larger office complex, which was developed in 2001 and consists of four connected buildings offering three courtyards.
The law firm CMS Hasche Sigle, with a team led by lead partner Frank Schneider, was responsible for the comprehensive legal advice on the transaction, including project management and legal due diligence. The NAI Apollo Group was acting as intermediary for this transaction.
Press Contact:
Finanzpresse und Investor Relations:
edicto GmbH
Axel Mühlhaus/ Peggy Kropmanns
Telefon: +49 69 905505-52
E-Mail: publity@edicto.de
About publity
publity AG is an asset manager specialised in German office real estate. The company covers a broad value chain from acquisition to development through to the sale of real estate and has a track record of several hundred successful transactions. publity is characterized by a strong network in the real estate sector as well as by the work out departments of financial institutions, has very good access to investment resources and conducts transactions quickly with a highly efficient process with proven partners. As a co-investor, publity is, to a limited extent, involved in joint venture transactions. The shares of publity AG (ISIN DE0006972508) are traded on the exchange segment of the German stock exchange.
End of Media Release
Issuer: publity AG
Key word(s): Real estate
09.06.2017 Dissemination of a Press Release, transmitted by DGAP - a service of EQS Group AG.
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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 |
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