Frankfurt/Main, 21 June 2022— publity AG («publity», Scale, ISIN DE0006972508) has successfully sold an office property in Mülheim/Ruhr with a floor space of approximately 12,600 square metres. The property includes 246 underground and 51 outdoor parking spaces. The property, built in 1997, is located in a commercial area in Mülheim/Ruhr and offers a good infrastructure with connections to public transportation and the A52 motorway. The parties have agreed not to disclose the purchase price or the buyer.
Frank Schneider, COO of the publity AG: «The successful sale of the property in Mülheim/Ruhr once again illustrates the attractiveness of our real estate portfolio. The property impresses with good facilities and infrastructure with direct proximity to the regional airport Essen/Mülheim and only a few minutes to the international airport Düsseldorf.»
Financial Press and Investor Relations:
Axel Mühlhaus/ Svenja Liebig
Phone: +49 69 905505-56
publity AG («publity») is an asset manager and investor specialised in office real estate in Germany. The company covers the core of the value chain from the acquisition to the development and the sale of real estate. With over 1,100 transactions in the past seven years, publity is one of the most active players in the real estate market. publity is characterized by a sustainable network in the real estate industry and in the Work-Out departments of financial institutions. With very good access to investment funds, publity handles transactions rapidly with a highly efficient process and proven partners. On a case-by-case basis, publity participates as co-investor in joint venture transactions to a limited extent. The shares of publity AG (ISIN DE0006972508) are traded on the Scale segment of Deutsche Börse.
publity AG successfully sells office property in Mülheim-Ruhr